INTUITIVE SURGICAL INC (ISRG) Stock Technical Analysis
NASDAQ:ISRG • US46120E6023
Overall ISRG gets a technical rating of 0 out of 10. ISRG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 80% of all other stocks performed better in the past year than ISRG.
- ISRG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- ISRG has an average volume of 1979560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ISRG is an average performer in the Health Care Equipment & Supplies industry, it outperforms 50% of 185 stocks in the same industry.
- ISRG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ISRG is lagging the market.
Although the technical rating is bad, ISRG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 506.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 485.83, a Stop Loss order could be placed below this zone.
More info and screens
441.56
When analyzing the support we can see 2 important areas.
- A support zone ranging from 476.31 to 485.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @446.02 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 506.18 to 506.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @595.55 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ISRG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ISRG is down. |
| ChartMill Relative Strength | 20.18 | NEGATIVE | ISRG has a low relative strength, it was outperformed by 79.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ISRG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ISRG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ISRG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.29 | NEUTRAL | The RSI value for ISRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.73 | POSITIVE | The MACD value suggests ISRG has a positive trend. |
| Stochastics (14,3) | 79.68 | NEUTRAL | The Stochastics value for ISRG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for ISRG suggests some volalility. |
| Average Directional Index/ADX (14) | 33.87 | POSITIVE | The high ADX value value for ISRG suggests a strong trend. |
506.17
+12.15 (+2.46%)
INTUITIVE SURGICAL INC / ISRG FAQ
Can you provide the ChartMill technical rating for INTUITIVE SURGICAL INC?
ChartMill assigns a technical rating of 0 / 10 to ISRG.
What is the current trend direction of INTUITIVE SURGICAL INC (ISRG) stock?
The current trend direction for INTUITIVE SURGICAL INC (ISRG) is Bearish.
What is the RSI signal for INTUITIVE SURGICAL INC (ISRG) stock?
INTUITIVE SURGICAL INC (ISRG) has an RSI value of 49.2937. This indicates that the stock is currently neutral.
What is the short term momentum for INTUITIVE SURGICAL INC (ISRG) stock?
The short term momentum for INTUITIVE SURGICAL INC (ISRG) is negative.
What is the support and resistance level for ISRG stock?
INTUITIVE SURGICAL INC (ISRG) has a support level at 485.83 and a resistance level at 506.18. Check the full technical report for our detailed analysis of ISRG support and resistance levels.