| SYK latest price $267.3400 (1.27%) ($261.5400 - $267.7900) on Fri. Mar. 18, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.8% (three month average) |
RSI | 52 |
Latest Price | $267.3400(1.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 1.5% a day on average for past five trading days. |
Weekly Trend | SYK declines -1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SYK advance at 0% a week (0% probability) XLV(68%) VT(67%) VUG(65%) VYM(63%) XLK(62%) |
Factors Impacting SYK price | SYK will decline at least -0.9% in a week (0% probabilities). VIXM(-49%) UUP(-43%) TBT(-15%) VXX(-12%) EDOC(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.9% (StdDev 1.8%) |
Hourly BBV | 2.2 () |
Intraday Trend | 0.9% |
| |
|
|