STRYKER CORP (SYK) Stock Technical Analysis
NYSE:SYK - New York Stock Exchange, Inc. - US8636671013 - Common Stock - Currency: USD
Overall SYK gets a technical rating of 1 out of 10. 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.
In the last month SYK has a been trading in the 372.32 - 404.87 range, which is quite wide. It is currently trading near the lows of this range.
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 1237470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, SYK turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
SYK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SYK is lagging the market.
The technical rating of SYK is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
333.99
407.58
We found 3 important support areas.
- Support @366.35 from a trend line in the weekly time frame.
- A support zone ranging from 345.79 to 355.31. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @337.36 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @376.62 from a horizontal line in the daily time frame.
- A resistance zone ranging from 383.70 to 390.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 399.90 to 403.54. 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 | 56.28 | 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) | DOWN | NEGATIVE | The current price of SYK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SYK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.88 | NEUTRAL | The RSI value for SYK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.82 | NEGATIVE | The MACD value suggests SYK has a negative trend. |
| Stochastics (14,3) | 15.58 | OVERSOLD | The low Stochastics value suggests SYK may be oversold. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for SYK suggests low volalility. |
| Average Directional Index/ADX (14) | 24.19 | NEUTRAL | The ADX value for SYK suggests a possible start of a new 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)
376.37
+1.43 (+0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.38%
1 Week-4.17%
2 Weeks-5.12%
1 Month-4.66%
3 Month-1.19%
6 Month-3.84%
12 Month14.81%
2 Year32.73%
3 Year83.42%
5 Year89.93%
10 Year281.52%
15 Year771.43%
Volatility
ATR(14)7.76
ATR(20)%1.93%
ATR Inc-4.07%
Range Today7.62
ADR(20)6.57
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.28
Mansfield-0.7
10 Day High404.14
10 Day Low372.32
20 Day High404.87
20 Day Low372.32
52 Week High406.19
52 Week Low323.73
CS1 End366.35
CR1 Start376.62
Volume & EV
DER(3)2.24%
DER(5)0.97%
Volume1.19M
Volume Incr36.73%
Vol(5)1.62M
Vol(50)1.24M