Stock Analysis: Stryker Corp (SYK)

Stock Analysis for Stryker Corp (SYK)

The Interpreter
Hey Friend, I'm analysing STRYKER CORP (SYK), and it is between the Support of $ 325.40 (PivotS1) and the Resistance of $ 328.47 (161.8% of Fibonacci). The stock is also approaching the line of PivotS1 at $ 325.40, and if it goes below this line it could reach the next Support of 150% of Fibonacci at $ 323.14.

Stryker Corp (SYK)

$ 326.73 -0.4%

Last Close 02-May-24

Trade SYK Now

Supports

Next Support: $ 325.40

Pivot S1: $ 325.40
Fibonacci 150%: $ 323.14
Triangle Level (0): $ 290.83

Resistances

Next Resistance: $ 328.47

Pivot: $ 333.96
Fibonacci 161.8%: $ 328.47
Triangle Level (0): $ 341.88

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 04 Apr 2024	Sell Price: 347.38	Loss: Close Day2 ($ 349.75)	Engulfing	Sell
002 20 Mar 2024	Sell Price: 353.19	Profit: Close Day2 ($ 352.62)	Engulfing	Sell
003 12 Mar 2024	Buy Price: 358.39	Profit: Open Day1 ($ 359.63)	Engulfing	Buy
004 04 Jan 2024	Buy Price: 298.05	Profit: Close Day2 ($ 299.91)	Engulfing	Buy
005 02 Jan 2024	Sell Price: 296.23	Profit: Open Day1 ($ 295.07)	Abandoned Baby	Sell
006 29 Nov 2023	Buy Price: 294.37	Profit: Close Day1 ($ 296.33)	Abandoned Baby	Buy
007 27 Nov 2023	Buy Price: 293.96	Profit: Open Day2 ($ 294.00)	Piercing Line	Buy
008 31 Aug 2023	Sell Price: 283.55	Loss: Close Day2 ($ 286.29)	Engulfing	Sell
009 23 Aug 2023	Buy Price: 275.96	Profit: Close Day2 ($ 278.12)	Abandoned Baby	Buy
010 14 Aug 2023	Buy Price: 284.79	Profit: Close Day1 ($ 284.86)	Engulfing	Buy
011 23 May 2023	Sell Price: 274.16	Profit: Open Day1 ($ 273.00)	Abandoned Baby	Sell
012 12 May 2023	Buy Price: 285.47	Profit: Open Day1 ($ 285.62)	Abandoned Baby	Buy
013One Year Average	Both Sides Result for 12 Signals	Profit: $ 5.26 ($ 0.44 / Signal) +1.7% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for SYK Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	327.54	BUY	2	328.34	BUY
3	327.73	BUY	3	329.01	SELL
5	331.71	SELL	5	330.35	SELL
8	333.52	SELL	8	331.76	SELL
13	332.28	SELL	13	333.80	SELL
21	337.32	SELL	21	336.72	SELL
34	343.37	SELL	34	339.31	SELL
55	347.14	SELL	55	338.63	SELL
90	335.62	SELL	90	332.53	SELL
200	305.95	BUY	200	313.78	BUY

Company Info +

Name & IPO

Stryker Corp
IPO: 1997-07-24

Stock Ticker & Exchange

Ticker: SYKIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.stryker.com/
Phone:

Stock Type

Common Stock

SIC Office

Life Sciences ()

Industry

Surgical & Medical Instruments & Apparatus

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.