| SYK latest price $275.5800 (1.51%) ($269.0600 - $275.8400) on Wed. May. 31, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.16% (three month average) |
RSI | 34 |
Latest Price | $275.5800(1.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 0.1% a day on average for past five trading days. |
Weekly Trend | SYK declines -2.4% 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) IVE(51%) SPY(50%) IVW(48%) XLV(45%) XLY(45%) |
Factors Impacting SYK price | SYK will decline at least -0.58% in a week (0% probabilities). UUP(-39%) VIXM(-38%) VXX(-35%) TBT(-18%) ACES(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.58% (StdDev 1.16%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.1% |
| |
|
|