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Advanced TA SearchArchive - 6/7/2024 - Sign In to see current Signals. |
Intuitive Surgical Inc. (ISRG) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the Intuitive Surgical Inc. (ISRG). During the week, the ISRG gained 15.49 points, or 3.85%, and closed at 417.61 on Friday, June 7, 2024. It was the best weekly gain since January 12, 2024. Weekly volume was -16% below average. Long-term trend: [See ISRG long-term trend chart] A long-term downtrend had started on September 8, 2021 at 1087.01 and reached 180.07 on October 13, 2022. ISRG lost 906.94 points, or 83.43%, in 57 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 284.69 and resistance is at 464.29. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend. Medium-term trend: [See ISRG medium-term trend chart] A medium-term uptrend had started on October 13, 2022 at 180.07 and reached 420.57 on June 7, 2024. ISRG gained -240.50 points, or -133.56%, in 86 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 300.54 and resistance is at 469.28. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend. Weekly Technical Indicators: [See ISRG weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Weekly Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since April 12, 2024. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help. Short-term trend: [See ISRG short-term trend chart] A short-term uptrend had started on April 19, 2024 at 364.17 and reached 420.57 on June 7, 2024. ISRG gained -56.40 points, or -15.49%, in 49 days. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (395.63) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend. Daily Technical Indicators: [See ISRG daily technical indicators chart] Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. The daily MACD line is above its signal line since May 1, 2024. This is an indication that the short-term trend is up.
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