Stocks

Intuitive Surgical may rise to 548.00 - 566.00

2024-08-25

Our pivot point is at 455.

Our preference

The upside prevails as long as 455 is support.

Alternative scenario

Below 455, expect 426 and 409.

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 463.9238 and 449.0973).

Supports and resistances

583 **

566 *

548 **

530

486.55 (USD-last)

467

455 **

426 *

409 **

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

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