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Shares of Intuitive Surgic Has Risen Above Previous 52-Week High

By Nick Russo

Intuitive Surgic (NASDAQ:ISRG) traded at a new 52-week high today of $538.98. This new high was reached on below average trading volume as 472,000 shares traded hands, while the average 30-day volume is approximately 736,000 shares.

Intuitive Surgical, Inc. design, manufactures, and markets surgical systems. The Company offers endoscopes, endoscopic retractors and disectors, scissors, scalpels, forceps, needle holders, electrocautery, ultrasonic cutters, and accessories during surgical procedures. Intuitive Surgical operates worldwide.

Over the past year, Intuitive Surgic has traded in a range of $292.17 to $538.98 and is now at $533.19, 82% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has risen 0.8%.

Based on a current price of $533.19, Intuitive Surgic is currently 13.3% above its average consensus analyst price target of $462.47. The stock should discover initial support at its 50-day moving average (MA) of $483.49 and subsequent support at its 200-day MA of $423.60.

SmarTrend is tracking the current trend status for Intuitive Surgic and will alert subscribers who have ISRG in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows intuitive surgic

Ticker(s): ISRG