The Hourly View for ISRG
Currently, ISRG (Get Ratings)’s price is up $6 (0.75%) from the hour prior. ISRG has seen its price go up 4 out of the past 5 hours, thus creating some compelling opportunities for bulls. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.
ISRG’s Technical Outlook on the Daily Chart
Currently, ISRG’s price is up $18.99 (2.42%) from the day prior. This is a reversal of the price action on the previous day, in which price moved down. Regarding the trend, note that the strongest trend exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Intuitive Surgical Inc’s price action over the past 90 days can be seen via the chart below.
For ISRG News Traders
Investors and traders in ISRG may be particularly interested in the following story that came out in the past day:
Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.
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The post Intuitive Surgical Inc (ISRG): Price Up $18.99 (2.42)% Over Past Day, Up $6 (0.75)% Over Past Hour appeared first on ETF Daily News.
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