| SYK latest price $237.9000 (-2.14%) ($237.6400 - $241.4700) on Mon. Dec. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.12% (three month average) |
RSI | 72 |
Latest Price | $237.9000(-2.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 0.9% a day on average for past five trading days. |
Weekly Trend | SYK advances 3.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SYK advance at 0% a week (0% probability) VT(52%) VUG(50%) XLV(49%) XLK(46%) XHB(44%) |
Factors Impacting SYK price | SYK will decline at least -1.06% in a week (0% probabilities). VIXM(-37%) UUP(-36%) TBT(-14%) VXX(-11%) ARKK(-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 | -1.06% (StdDev 2.12%) |
Hourly BBV | -1.3 () |
Intraday Trend | -1.1% |
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