| ISRG latest price $299.0600 (11.18%) ($299.0600 - $299.0600) on Wed. Apr. 19, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 91 |
Latest Price | $299.0600(11.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ISRG advances 2.8% a day on average for past five trading days. |
Weekly Trend | ISRG advances 4.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support ISRG advance at 0% a week (0% probability) IVW(52%) IWF(52%) SPY(52%) VUG(52%) VFMO(51%) |
Factors Impacting ISRG price | ISRG will decline at least -1.125% in a week (0% probabilities). VXX(-37%) VIXM(-36%) UUP(-26%) TBT(-18%) USO(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.125% (StdDev 2.25%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
| |
|
|