Stryker is a medical technology company. Co. provides products and services in orthopaedics, medical and surgical, and neurotechnology and spine. Orthopaedics products include implants used in total joint replacements, such as hip, knee and shoulder, and trauma and extremities surgeries. MedSurg products include surgical equipment, patient and caregiver safety technologies, and navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable products and reprocessed and remanufactured medical devices. Neurotechnology and Spine products include neurosurgical, neurovascular, craniomaxillofacial and spinal implant devices.
When researching a stock like Stryker, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from SYK Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for SYK stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the SYK 200 day moving average ("SYK 200 DMA"), while one of the most popular "shorter look-backs" is the SYK 50 day moving average ("SYK 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Stryker. |