| Stryker is a medical technology company. Co. has two segments: MedSurg and Neurotechnology and Orthopaedics and Spine. MedSurg products include surgical equipment, patient and caregiver safety technologies, and navigation systems, endoscopic and communications systems, patient handling, and emergency medical equipment and intensive care disposable products. Neurotechnology includes neurosurgical, neurovascular and craniomaxillofacial implant products. Orthopaedics products consist primarily of implants used in total joint replacements, such as hip, knee and shoulder, and trauma and extremities surgeries. Co.'s spinal implant offering includes cervical and thoracolumbar systems. |
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. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the SYK 200 DMA and the SYK 50 DMA, we get a moving average convergence divergence indicator ("SYK MACD"). The SYK MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart).