| SYK latest price $256.2500 (2.57%) ($248.2900 - $256.6400) on Fri. Jan. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.93% (three month average) |
RSI | 49 |
Latest Price | $256.2500(2.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 1.2% a day on average for past five trading days. |
Weekly Trend | SYK advances 1.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SYK advance at 0% a week (0% probability) VT(48%) VUG(47%) XLV(43%) XLK(42%) XLY(42%) |
Factors Impacting SYK price | SYK will decline at least -0.965% in a week (0% probabilities). VIXM(-35%) UUP(-31%) ARKK(-12%) VXX(-11%) TBT(-10%) |
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 | -0.965% (StdDev 1.93%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.3% |
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