| ISRG latest price $592.6500 (5.11%) ($567.5000 - $601.2050) on Fri. Jun. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.61% (three month average) |
RSI | 76 |
Latest Price | $592.6500(5.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ISRG advances 0.4% a day on average for past five trading days. |
Weekly Trend | ISRG advances 3.4% 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(46%) IWF(46%) SPY(46%) QQQ(44%) FIVG(43%) |
Factors Impacting ISRG price | ISRG will decline at least -2.305% in a week (0% probabilities). VIXM(-26%) UUP(-18%) VXX(-10%) TBT(-8%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.305% (StdDev 4.61%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
| |
|
|