| ISRG latest price $949.2300 (1.22%) ($949.2300 - $949.2300) on Tue. Jul. 6, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 93 |
Latest Price | $949.2300(1.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ISRG advances 0.8% a day on average for past five trading days. |
Weekly Trend | ISRG advances 2.8% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ISRG advance at 0% a week (0% probability) IVW(42%) IWF(42%) SPY(42%) IWO(40%) QQQ(40%) |
Factors Impacting ISRG price | ISRG will decline at least -0.875% in a week (0% probabilities). VIXM(-22%) UUP(-16%) TBT(-10%) VXX(-6%) UNG(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.875% (StdDev 1.75%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
| |
|
|