INTUITIVE SURGICAL INC (ISRG) Stock Technical Analysis
NASDAQ:ISRG • US46120E6023
Overall ISRG gets a technical rating of 0 out of 10. ISRG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 81% 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 1934170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ISRG is part of the Health Care Equipment & Supplies industry. There are 186 other stocks in this industry, ISRG did better than 52% of them.
- 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.
The technical rating of ISRG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
425.28
When analyzing the support we can see 3 important areas.
- Support @479.82 from a trend line in the daily time frame.
- Support @444.38 from a trend line in the weekly time frame.
- A support zone ranging from 429.58 to 429.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @496.13 from a horizontal line in the daily time frame.
- 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 | 19.06 | NEGATIVE | ISRG has a low relative strength, it was outperformed by 80.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ISRG is below 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) | 34.38 | NEUTRAL | The RSI value for ISRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ISRG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.55 | NEUTRAL | The Stochastics value for ISRG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for ISRG suggests some volalility. |
| Average Directional Index/ADX (14) | 35.72 | POSITIVE | The high ADX value value for ISRG suggests a strong trend. |
485.84
+7.24 (+1.51%)
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 34.3767. 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 444.38 and a resistance level at 478.61. Check the full technical report for our detailed analysis of ISRG support and resistance levels.