Stryker (STRY) 24-Hour Market Overview

Stryker (STRY) 24-Hour Summary
• STRY fell 3.4% from 14.04 (open) to 13.56 (close), hitting a 24-hour low of 13.4.
• Volume surged to 523,047 STRY, with turnover totaling 4,437 USD.
• A sharp drop below key support at 13.8 triggered a 6.1% decline over 12 hours.

Market Overview

Stryker (STRY) opened at 14.04 (12:00 ET-1) and closed at 13.56 (12:00 ET today), marking a 3.4% decline. The price hit a 24-hour high of 14.14 and low of 13.4. Total volume reached 523,047 STRY with turnover of 4,437 USD.

Structure & Formations

STRY broke below critical support at 13.8, accelerating the downtrend toward 13.4–13.5. Resistance now clusters around 13.8 (recent lows) and 14.0 (previous swing high). A bearish engulfing pattern formed at 13:15 ET, signaling increased selling pressure.

Technical Indicators

• Moving Averages: The price closed below both the 20/50-period 15m MAs and the daily 50/100-period MAs, reinforcing bearish momentum.
• MACD: The histogram remains below the signal line, with a bearish divergence forming as price fell further.
• RSI: Dipped to 28.3 (14-period), suggesting oversold conditions but no immediate reversal signal.
• Bollinger Bands: Price hugged the lower band (13.4), signaling low volatility but potential for a sharp rebound if volatility expands.

Volume & Turnover

Volume spiked during the 24-hour window, peaking at 30,822 STRY during the sharp decline to 13.4. No significant price-volume divergence was observed; selling was confirmed by rising volume.

Fibonacci Retracements

The 38.2% retracement (13.76) and 61.8% (13.61) levels act as dynamic resistance/support during pullbacks.

Outlook & Risk

STRY may test 13.4–13.3 support over the next 24 hours, with a potential bounce toward 13.8 resistance if volatility expands. Traders should monitor RSI for overextended conditions and consider stop-losses below 13.4 amid high downside risk.