RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ISRG
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Weaker technical forecast for Intuitive Surgical as stock downgraded to Buy Candidate.
(Updated on Mar 27, 2024)

Buy candidate since Mar 15, 2024 Gain 0.96% PDF

The Intuitive Surgical stock price gained 0.621% on the last trading day (Wednesday, 27th Mar 2024), rising from $397.63 to $400.10. During the last trading day the stock fluctuated 1.50% from a day low at $397.53 to a day high of $403.49. The price has risen in 6 of the last 10 days and is up by 4.47% over the past 2 weeks. Volume fell on the last day by -42 thousand shares and in total, 1 million shares were bought and sold for approximately $548.42 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 15.75% during the next 3 months and, with a 90% probability hold a price between $433.51 and $481.97 at the end of this 3-month period.

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ISRG Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Monday, March 04, 2024, and so far it has fallen -0.122%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The Intuitive Surgical stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $393.77 and $388.32. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Intuitive Surgical stock

Intuitive Surgical finds support from accumulated volume at $396.28 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $5.96 between high and low, or 1.50%. For the last week the stock has had daily average volatility of 1.63%.

Our recommended stop-loss: $386.55 (-3.39%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 17 days ago.)

Trading Expectations (ISRG) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Intuitive Surgical to open at $400.37, and during the day (based on 14 day Average True Range), to move between $391.79 and $408.41, which gives a possible trading interval of +/-$8.31 (+/-2.08%) up or down from last closing price. If Intuitive Surgical takes out the full calculated possible swing range there will be an estimated 4.15% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $400.59 (0.12%) than the support at $396.28 (0.95%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Intuitive Surgical stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Intuitive Surgical stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 3.924 Buy Candidate Downgraded

Predicted Opening Price for Intuitive Surgical of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$400.37 ( 0.0683%) $400.10

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ISRG

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 406.33 1.56 %
R2 404.06 0.99 %
R1 402.65 0.637 %
Current price: 400.10
Support S1 398.10 -0.501 %
S2 396.69 -0.85 %
S3 394.41 -1.42 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 400.59 0.122 %
Current price 400.10
Support S1 396.28 -0.95%
S2 370.07 -7.51%
S3 364.45 -8.91%

FAQ

What is the symbol for Intuitive Surgical Stock and on which exchange is it traded?
The symbol for Intuitive Surgical is ISRG and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Intuitive Surgical Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Intuitive Surgical stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

How to buy Intuitive Surgical Stock?
Intuitive Surgical Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Intuitive Surgical Stock.

What's the current price of Intuitive Surgical Stock?
As of the end of day on the 2024-03-27, the price of an Intuitive Surgical (ISRG) share was $400.10.

What is the 52-week high and low for Intuitive Surgical Stock?
The 52-week high for Intuitive Surgical Stock is $403.49 and the 52-week low is $246.63.

What is the market capitalization of Intuitive Surgical Stock?
As of the 2024-03-27, the market capitalization of Intuitive Surgical is 140.94B.

When is the next earnings date for Intuitive Surgical?
The upcoming earnings date for Intuitive Surgical is Apr 16, 2024.
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About Intuitive Surgical

Intuitive Surgical Intuitive Surgical, Inc. develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care in the United States and internationally. The company offers the da Vinci Surgical System to enable complex surgery using a minimally invasive approach; and Ion endoluminal system, which extends its commercial offerings beyond surgery into diagnostic procedures enabli... ISRG Profile

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