Stryker (SYK, $299.72) RSI Indicator left the overbought zone on September 11, 2023

A.I.dvisor
at Tickeron.com
09/12/23
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SYK - Stryker Corp
RSI signal
Bearish Trend
66%
Odds of DOWN Trend
RSI signal
Price: $299.72
Daily change: +$10.18 (+3.52%)
Daily volume: 2.1M
Capitalization: $113.8B
Industry: Medical Specialties
This is a signal that SYK's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 41 similar cases where SYK's RSI Indicator left the overbought zone, and in of them led to a successful outcome. Odds of Success:
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I. Advisor
published General Information

General Information

a manufacturer of reconstructive, medical and surgical, and neurotechnology and spine products

Industry MedicalSpecialties

Profile
Fundamentals
Details
Industry
Medical Specialties
Address
2825 Airview Boulevard
Phone
+1 269 385-2600
Employees
51000
Web
https://www.stryker.com
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SYK and

Correlation & Price change

A.I.dvisor indicates that over the last year, SYK has been closely correlated with ZBH. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if SYK jumps, then ZBH could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SYK
1D Price
Change %
SYK100%
-1.61%
ZBH - SYK
67%
Closely correlated
-1.07%
ISRG - SYK
64%
Loosely correlated
-2.57%
COO - SYK
62%
Loosely correlated
-0.03%
SNN - SYK
62%
Loosely correlated
-0.31%
BSX - SYK
61%
Loosely correlated
+2.02%
More