| SYK latest price $285.0200 (2.41%) ($278.1900 - $285.3900) on Tue. Aug. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 53 |
Latest Price | $285.0200(2.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 0.7% a day on average for past five trading days. |
Weekly Trend | SYK declines -0.9% 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(62%) SPY(59%) IVW(58%) XLY(57%) IBUY(55%) |
Factors Impacting SYK price | SYK will decline at least -0.585% in a week (0% probabilities). VIXM(-44%) VXX(-42%) UUP(-39%) TBT(-9%) BNDX(-9%) |
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 | -0.585% (StdDev 1.17%) |
Hourly BBV | 2.1 () |
Intraday Trend | 2.5% |
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