| SYK latest price $298.0000 (-2.32%) ($297.0380 - $303.2500) on Mon. Jul. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.2% (three month average) |
RSI | 76 |
Latest Price | $298.0000(-2.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 0.1% a day on average for past five trading days. |
Weekly Trend | SYK advances 2.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SYK advance at 0% a week (0% probability) IVE(54%) SPY(52%) XLY(51%) IVW(50%) VT(47%) |
Factors Impacting SYK price | SYK will decline at least -0.6% in a week (0% probabilities). VIXM(-43%) VXX(-40%) UUP(-39%) TBT(-16%) IGOV(-12%) |
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 | -0.6% (StdDev 1.2%) |
Hourly BBV | 0 () |
Intraday Trend | -1.6% |
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