STRYKER CORP (SYK) Stock Technical Analysis
NYSE:SYK - New York Stock Exchange, Inc. - US8636671013 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to SYK. In the last year, SYK was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month SYK has a been trading in the 379.36 - 406.19 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
SYK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SYK is lagging the market slightly.
SYK has an average volume of 1329840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, SYK outperforms 58% of them, which is more or less in line with the market.
SYK is an average performer in the Health Care Equipment & Supplies industry, it outperforms 65% of 190 stocks in the same industry.
Although the technical rating is only medium, SYK does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 380.21, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
322.18
403.91
We found 5 important support areas.
- A support zone ranging from 373.38 to 380.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @366.18 from a trend line in the daily time frame.
- A support zone ranging from 352.82 to 355.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @345.14 from a horizontal line in the daily time frame.
- A support zone ranging from 325.43 to 327.82. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 387.70 to 399.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.53
Mansfield-0.03
10 Day High397.23
10 Day Low379.36
20 Day High406.19
20 Day Low379.36
52 Week High406.19
52 Week Low314.93
Performance
1 Week-1.44%
2 Weeks-3.36%
1 Month-2.72%
3 Month-0.54%
6 Month8.35%
12 Month7.82%
2 Year45.61%
3 Year45.35%
5 Year100.84%
10 Year303.99%
15 Year620.87%
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)
Technical Indicators
MACD(12,26,9)-1.67
RSI(14)46.14
LBB380.98
UBB398.4
382.78
-3.63 (-0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.94%
1 Week-1.44%
2 Weeks-3.36%
1 Month-2.72%
3 Month-0.54%
6 Month8.35%
12 Month7.82%
2 Year45.61%
3 Year45.35%
5 Year100.84%
10 Year303.99%
15 Year620.87%
Volatility
ATR(14)5.9
ATR(20)%1.75%
ATR Inc-0.29%
Range Today7.42
ADR(20)6.56
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.53
Mansfield-0.03
10 Day High397.23
10 Day Low379.36
20 Day High406.19
20 Day Low379.36
52 Week High406.19
52 Week Low314.93
CS1 End380.21
CR1 Start387.7
Volume & EV
DER(3)1.78%
DER(5)1.28%
Volume1.27M
Volume Incr-24.33%
Vol(5)1.13M
Vol(50)1.33M