Intuitive Surgical Crosses Above its 10-day MA (ISRG)
Today, shares of Intuitive Surgical (NASDAQ:ISRG) have advanced above their 10-day MA of $369.55 on a volume of 173K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
Intuitive Surgical share prices have moved between a 52-week high of $594.89 and a 52-week low of $320.00 and are now trading 16% above that low price at $370.21 per share. The 200-day and 50-day moving averages have moved 0.07% lower and 1.14% lower over the past week, respectively.
SmarTrend recommended that its subscribers protect gains by selling shares of Intuitive Surgical on April 14th, 2014 by issuing a Downtrend alert when the shares were trading at $432.58. Since that call, shares of Intuitive Surgical have fallen 14.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: moving crosses intuitive surgical