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SmarTrend Watching for Potential Pullback in Shares of Intuitive Surgic After 2.23% Gain

By Amy Schwartz

Intuitive Surgic (NASDAQ:ISRG) traded in a range yesterday that spanned from a low of $506.78 to a high of $517.59. Yesterday, the shares gained 2.2%, which took the trading range above the 3-day high of $506.92 on volume of 521,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

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.

In the past 52 weeks, shares of Intuitive Surgic have traded between a low of $292.17 and a high of $517.59 and are now at $515.49, which is 76% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.7%.

Keywords: rebounders intuitive surgic

Ticker(s): ISRG