STRYKER CORP (SYK) Stock Technical Analysis
NYSE:SYK - New York Stock Exchange, Inc. - US8636671013 - Common Stock - Currency: USD
Taking everything into account, SYK scores 2 out of 10 in our technical rating. SYK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
SYK is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. SYK outperforms 72% of them.
SYK has an average volume of 1355100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, SYK outperforms 62% of them, which is more or less in line with the market.
SYK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SYK is lagging the market slightly.
In the last month SYK has a been trading in a tight range between 370.85 and 388.69.
Although the technical rating is bad, SYK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
333.99
403.91
We found 3 important support areas.
- Support @358.36 from a trend line in the weekly time frame.
- A support zone ranging from 345.14 to 345.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @337.36 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 376.09 to 380.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 392.15 to 399.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SYK is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SYK is down. |
| ChartMill Relative Strength | 62.7 | NEUTRAL | SYK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SYK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SYK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SYK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.68 | NEUTRAL | The RSI value for SYK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.44 | NEGATIVE | The MACD value suggests SYK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.01 | OVERSOLD | The low Stochastics value suggests SYK may be oversold. |
| Average True Range in percent/ATR (20) | 1.46 | LOW VOLATILITY | The low ATR as a percentage value for SYK suggests low volalility. |
| Average Directional Index/ADX (14) | 12.55 | NEGATIVE | The low ADX value for SYK suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
375.56
+2.3 (+0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.62%
1 Week-1.3%
2 Weeks-1.97%
1 Month-1.1%
3 Month1.2%
6 Month3.01%
12 Month9.61%
2 Year23.1%
3 Year88.79%
5 Year108.42%
10 Year292.97%
15 Year650.22%
Volatility
ATR(14)5.03
ATR(20)%1.46%
ATR Inc-11.64%
Range Today4.13
ADR(20)5.21
ADR(20)%1.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.7
Mansfield-0.11
10 Day High388.69
10 Day Low370.85
20 Day High388.69
20 Day Low370.85
52 Week High406.19
52 Week Low314.93
CS1 End358.36
CR1 Start376.09
Volume & EV
DER(3)1.09%
DER(5)0.96%
Volume2.01M
Volume Incr12.48%
Vol(5)1.21M
Vol(50)1.36M