| ISRG latest price $719.6800 (3.11%) ($707.4500 - $721.9900) on Wed. Oct. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 60 |
Latest Price | $719.6800(3.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ISRG advances 0.3% 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(45%) IWF(45%) SPY(44%) QQQ(42%) FIVG(41%) |
Factors Impacting ISRG price | ISRG will decline at least -1.055% in a week (0% probabilities). VIXM(-24%) UUP(-17%) TBT(-10%) VXX(-8%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.055% (StdDev 2.11%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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