| SYK latest price $242.0800 (2.78%) ($236.6600 - $242.1300) on Wed. Dec. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 71 |
Latest Price | $242.0800(2.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 0.7% 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. Normal 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 -1.045% 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 | -1.045% (StdDev 2.09%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.1% |
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