Technical Analysis
The technical indicators for SYK show bearish signals in the short term:
Price Levels Analysis
News Sentiment Recent insider selling activity reported, with director Allan C. Golston selling 2,458 shares (14.2% of holdings). This could signal some bearish sentiment from insiders. However, institutional investors remain interested with 962 institutions increasing positions in the last quarter.
Price Prediction for Next Week Based on technical indicators and recent price action:
Target price range for next week: $377-$383
Trading Recommendation: SELL
The combination of bearish technical indicators, insider selling, and current market positioning suggests a short-term downward movement is likely.
The price of SYK is predicted to go up 4.1%, based on the high correlation periods with DXLG. The similarity of these two price pattern on the periods is 96.72%.
SYK
DXLG
Year
SYK Price Forecast($)
Potential Return(%)
2025
363.010
0.410
2026
430.000
9.890
2027
480.000
22.670
2028
500.000
27.780
2029
520.000
32.890
2030
600.000
53.340
Stryker made the most of its three-year head start in placing its Mako robots in hospitals, leaving Zimmer Biomet and Johnson & Johnson to play catch-up.
As hospitals and healthcare systems aim to consolidate suppliers, Stryker should benefit because those customers are more likely to stick with the most widely used brands to accommodate more of their surgeons.
Considering how resistant orthopedic surgeons are to hospital efforts to restrict brand choice and the slow transition to hospital employment, we think surgeon influence will wane slowly.
Citigroup
2025-02-26
Price Target
$450
Upside
+14.87%
Barclays
2025-02-10
Price Target
$418 → $443
Upside
+12.84%
Goldman Sachs
2025-01-30
Price Target
$384 → $427
Upside
+9.37%