| SYK latest price $268.4200 (-0.65%) ($267.4900 - $273.1900) on Thu. Oct. 19, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 45 |
Latest Price | $268.4200(-0.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 1.1% a day on average for past five trading days. |
Weekly Trend | SYK declines -0.4% 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) ARKK(98%) GDXJ(97%) GDX(93%) XME(92%) EWG(81%) |
Factors Impacting SYK price | SYK will decline at least -0.8% in a week (0% probabilities). VIXM(-15%) USO(20%) VUG(29%) UUP(-37%) VXX(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.8% (StdDev 1.6%) |
Hourly BBV | -1.6 () |
Intraday Trend | -0.6% |
| |
|
|