Intuitive Surgical, exit warning in week one
Intuitive Surgical stock drops 4% as the model flags an exit
Our view last week
Intuitive Surgical stock closes the week up 4.1%, its fourth straight recovery week after the plunge a month ago: price is now pressing against the 405 area, the 7-day high, after touching the 380 area last week. A fresh buy signal opens — technical analysis that still shows buyers in control, though the week carries a caveat: a more pronounced distribution phase in the volume flow.
This week's summary
After four straight weeks of recovery, Intuitive Surgical stock turns lower: down 4% this week, with distribution in volume growing more pronounced and sellers slightly prevalent in the latest session. The buy signal stays open in its first week, but the confirmation week closes bearish: signal strength is in the medium range and the IQS stays in the ordinary band.
IQS Phase
38
ordinary
Signal Strength
59
medium
Sizing
STANDARD
Ranking
#78 / 167
US stocks in progress
Trade P&L %
-3.98%
from signal to date, no stop loss
Rank position
ranks 78th among the 167 Longs already running for US stocks in our ranking, with a signal strength of 59 out of 100.
Sector context
SectorHealth Care
Benchmark ETFXLV
Sector regimein strong phase
Performanceweekly +4.33% · monthly +9.53%
ISRG belongs to the health care sector (reference ETF XLV). The sector is classified in strong phase according to our weekly reading.
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