Sell signal — week 22
Intuitive Surgical at week 22: double bottom in the 398 area, technical rebound underway
Sell signal — week 22
In Summary
Intuitive Surgical is at week 22 of a sell signal, with the short trade up 22.77% from inception. The decline has lost steam over the past few weeks: smaller losses, a double bottom in the 398 area with a 9% technical rebound, and BuyVol recovering slightly. CMF has turned negative again, though — the bearish direction holds, but with less momentum.
IQS Phase
70
in tension
Signal Strength
3
indecisive week
Sizing
MINIMUM
Ranking
#59 / 131
US stocks
Trade P&L %
+22.77%
from signal to today
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