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Archive - 6/5/2026 - 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 0.57 points, or 0.19%, and closed at 305.66 on Friday, June 5, 2026. Weekly volume was 44% 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 trend support level is at 177.73 and resistance is at 455.16. 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 long-term trend.
Medium-term trend: [See SYK medium-term trend chart] A medium-term downtrend had started on January 28, 2025 at 406.20 and reached 281.00 on May 11, 2026. SYK lost 125.20 points, or 30.82%, in 66 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend support line (353.29) is broken. Usually a broken support is considered to be a long-term bearish 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 support 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 March 13, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See SYK short-term trend chart] A short-term downtrend had started on March 2, 2026 at 389.33 and reached 281.00 on May 11, 2026. SYK lost 108.33 points, or 27.82%, in 70 days. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (301.63). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a short-term trend.
Daily Technical Indicators: [See SYK daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since June 4, 2026. The distance between MACD and the signal line is low and getting smaller. The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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