INTUITIVE SURGICAL INC (ISRG) Stock Technical Analysis
USA - NASDAQ:ISRG - US46120E6023 - Common Stock
We assign a technical rating of 8 out of 10 to ISRG. Although ISRG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, ISRG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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When analyzing the support we can see 3 important areas.
- A support zone ranging from 530.01 to 534.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @441.18 from a horizontal line in the daily time frame.
- Support @432.88 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @565.94 from a horizontal line in the daily time frame.
- Resistance @595.56 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 | UP | POSITIVE | The long term trend for ISRG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ISRG is up. |
| ChartMill Relative Strength | 76 | POSITIVE | ISRG has a high relative strength, it outperformed 76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ISRG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ISRG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ISRG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 73.05 | OVERBOUGHT | The high RSI value suggests ISRG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.85 | POSITIVE | The MACD value suggests ISRG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.5 | OVERBOUGHT | The high Stochastics value suggests ISRG may be overbought. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for ISRG suggests some volalility. |
| Average Directional Index/ADX (14) | 42.95 | POSITIVE | The high ADX value value for ISRG suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 565.95 | 530.00 | 35.95 (6.35%) | 15.74% |
| An entry @565.95. This is a Buy Stop order right above the resistance zone. | An exit @530.00. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 35.95 points, which is 6.35%. | For a 1.00% total portfolio risk, you can invest 15.74% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
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+12.22 (+2.23%)
INTUITIVE SURGICAL INC / ISRG FAQ
Can you provide the ChartMill technical rating for INTUITIVE SURGICAL INC?
ChartMill assigns a technical rating of 8 / 10 to ISRG.
Can you provide the trend direction for INTUITIVE SURGICAL INC?
The current trend direction for INTUITIVE SURGICAL INC (ISRG) is Bullish.
What is the RSI signal for INTUITIVE SURGICAL INC (ISRG) stock?
INTUITIVE SURGICAL INC (ISRG) has an RSI value of 73.0537. This indicates that the stock is currently overbought.
What is the short term momentum for INTUITIVE SURGICAL INC (ISRG) stock?
The short term momentum for INTUITIVE SURGICAL INC (ISRG) is positive.
What is the buy/sell signal for ISRG stock?
The buy/sell signal for INTUITIVE SURGICAL INC (ISRG) is buy as both the short term and long term trends are positive.