| SYK latest price $217.3200 (0.71%) ($215.5400 - $218.3250) on Mon. Aug. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.85% (three month average) |
RSI | 79 |
Latest Price | $217.3200(0.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 0.4% a day on average for past five trading days. |
Weekly Trend | SYK advances 3.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SYK advance at 0% a week (0% probability) VT(63%) VUG(62%) XLV(60%) XLK(57%) XHB(56%) |
Factors Impacting SYK price | SYK will decline at least -0.925% in a week (0% probabilities). UUP(-46%) VIXM(-41%) TBT(-17%) VXX(-11%) EDOC(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.925% (StdDev 1.85%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0.1% |
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