Stocks

Intuitive Surgical may rise to 442.00 - 450.00

2024-06-06

Our pivot point stands at 397.

Our preference

The upside prevails as long as 397 is support.

Alternative scenario

Below 397, expect 384 and 376.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 397.558 and 388.1008). Finally, has crossed above its upper daily Bollinger band (416.43).

Supports and resistances

458 **

450 *

442 **

434

417.24 (USD-last)

402

397 **

384 *

376 **

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

Introduction to Tradingtop Site

Related Articles


Return to All Articles