Stryker Corporation (SYK) has risen sharply, recording gains of 0.7% in the past 4 weeks. However, the stock has corrected -1.15% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.24% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.56% and the 50-Day Moving Average is 1.42%.The 200 Day SMA reached 8.36%
Stryker Corporation (NYSE:SYK): After opening at $116.31, the stock dipped to an intraday low of $115.9675 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $116.91 and the buying power remained strong till the end. The stock closed at $116.41 for the day, a gain of 0.61% for the day session. The total traded volume was 1,196,878. The stocks close on the previous trading day was $116.41.
Stryker Corporation (SYK) : 16 Wall Street analysts covering Stryker Corporation (SYK) believe that the average level the stock could reach for the short term is $125.38. The maximum price target given is $138 and the minimum target for short term is around $88, hence the standard deviation is calculated at $11.67.
Stryker Corporation is a medical technology company. The Company offers a range of products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine, which help improve patient and hospital outcomes.