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Archive - 3/21/2025 - Sign In to see current Signals. |
Stryker Corp. (SYK) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week for the Stryker Corp. (SYK). During the week, the SYK climbed 1.60 points, or 0.43%, and closed at 371.10 on Friday, March 21, 2025. Weekly volume was 36% above average.
Long-term trend: [See SYK long-term trend chart] A long-term uptrend had started on March 20, 2009 at 30.82 and reached 406.20 on January 28, 2025. SYK gained -375.38 points, or -1217.98%, in 827 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (167.19) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See SYK medium-term trend chart] A medium-term uptrend had started on July 18, 2022 at 188.84 and reached 406.20 on January 28, 2025. SYK gained -217.36 points, or -115.10%, in 132 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 346.52 and resistance is at 442.21. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See SYK weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since February 28, 2025. Use the following link to access a MACD help.
Short-term trend: [See SYK short-term trend chart] A short-term uptrend had started on March 13, 2025 at 361.00 and reached 380.90 on March 19, 2025. SYK gained -19.90 points, or -5.51%, in 6 days. The price is now at the 49.25% retracement level.
Daily Technical Indicators: [See SYK daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The daily MACD line is below its signal line since March 5, 2025. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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