| SYK latest price $291.6100 (0.52%) ($288.8100 - $291.7000) on Thu. Apr. 13, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.74% (three month average) |
RSI | 91 |
Latest Price | $291.6100(0.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 0.3% a day on average for past five trading days. |
Weekly Trend | SYK advances 2.2% 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) IVE(47%) SPY(46%) IVW(44%) XLV(43%) VT(42%) |
Factors Impacting SYK price | SYK will decline at least -0.87% in a week (0% probabilities). VIXM(-37%) VXX(-36%) UUP(-31%) TBT(-11%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.87% (StdDev 1.74%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0.4% |
| |
|
|