| ISRG latest price $291.6800 (3.37%) ($291.6800 - $291.6800) on Tue. Nov. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.02% (three month average) |
RSI | 70 |
Latest Price | $291.6800(3.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ISRG advances 1% a day on average for past five trading days. |
Weekly Trend | ISRG advances 3.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ISRG advance at 0% a week (0% probability) IVW(95%) SPY(84%) IVE(74%) XLV(72%) SPLV(70%) |
Factors Impacting ISRG price | ISRG will decline at least -1.01% in a week (0% probabilities). EDOC(-61%) VXX(-39%) UUP(-36%) VIXM(-28%) TBT(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.01% (StdDev 2.02%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
| |
|
|