| ISRG latest price $317.8750 (0.57%) ($315.9000 - $317.8750) on Fri. Nov. 24, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.02% (three month average) |
RSI | 84 |
Latest Price | $317.8750(0.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ISRG advances 0.9% a day on average for past five trading days. |
Weekly Trend | ISRG advances 6.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ISRG advance at 0% a week (0% probability) SPY(87%) XLV(72%) SMH(71%) IVE(70%) SPLV(67%) |
Factors Impacting ISRG price | ISRG will decline at least -1.01% in a week (0% probabilities). VIXM(-52%) VXX(-39%) UUP(-31%) XLE(-12%) USO(-12%) |
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 | 0 () |
Intraday Trend | 0% |
| |
|
|