Looks bullishIf the last daily highs are getting broken to the upside, I expect that we enter the "next rectangle" above. Supported by the SMA 30 and 50. One may hold this long position until the next earnings.
0R29 trade ideas
Intuitive Surgical, Inc. (ISRG) | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
# Trend | Time Frame Conductive | Weekly Time Frame
- General Trend
- Measurement on Session
* Support & Resistance
* Trade Area | Focus & Motion Ahead
# Position & Risk Reward | Daily Time Frame
- Measurement on Session
* Retracement | 0.5 & 0.618
* Extension | 0.786 & 1
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Neutral
Buy
Upward bullish channel maintained
New all time high set by upward break from bullish channel
Upward gap
Recent earnings release was positive with revenue and earnings beating forcast by 1.94% and 15.45% respectively.
Analysts from Citi group price target 512
consider buying and holding for this.
ISRG - Smooth FlightOn May 22nd of this year, we identified the beginning of a colossal appreciation in the stock, which we titled "ISRG - Back to the Top.
" Today, the alignment and compression of FiboNuvens signal an increased probability that it will continue cruising on this wonderful "Smooth Flight."
A 3:1 risk-reward ratio with a short stop-loss point are the attractive features of this operation.
If this projection is confirmed and a partial realization occurs at the first target, the stop loss should be moved from its initial position to the same line where the position was opened.
This way, the journey towards the final target will proceed with reduced risk of losses and preservation of partial gains achieved so far.
Let's see what happens here!
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Intuitive Surgical is Set to Release its Quarterly 2024 ResultsIntuitive Surgical is set to release its Quarterly 2024 results, highlighting its significant impact on the healthcare industry. The company's innovative robotic systems have transformed surgery, leading to a remarkable 22,000% increase in stock price over its lifetime.
Now an industry giant with a market capitalization of $161 billion, questions about Intuitive Surgical's long-term growth and stock investment potential abound.
Intuitive Surgical, founded in the mid-1990s, provides robotic systems that enhance minimally invasive surgeries, helping surgeons reduce errors, improve mobility, and achieve better patient outcomes with smaller incisions. Over 60,000 surgeons have trained on its da Vinci system, and as of Q2 2024, the company has over 9,800 installed systems, with a 14% year-over-year growth in installations.
Investors value two main aspects of Intuitive Surgical's business: the reliance on system maintenance, which has increased recurring revenue from 71% in 2016 to 83% last year, making cash flow more predictable, and substantial growth potential outside the U.S., with only 3,818 of an estimated 165,000 global hospital sites currently using their systems.
However, the stock's substantial rise poses concerns about whether this growth is already accounted for in its valuation. Over the past decade, Intuitive Surgical shares ( NASDAQ:ISRG ) have appreciated nearly 800%, resulting in heightened market expectations that may lead to a difficult reset if future results fall short.
Analysts anticipate average earnings growth of 17% annually over the next three to five years, which may not be sufficient to justify the stock’s forward price-to-earnings (P/E) ratio of 69. With a PEG ratio nearly at 4, this suggests that the stock is overvalued relative to its expected growth.
Despite its recent upward trend since November 2023, indicated by a balanced Relative Strength Index (RSI) of 53, the stock is presently deemed too expensive for investors seeking strong returns. Therefore, while Intuitive Surgical ( NASDAQ:ISRG ) shows promising long-term growth potential, it may be wise to consider it as a target for investment when shares drop below current levels.
looking bullish to 500Like many stocks, it can move quickly, but it can also play conservatively; the indicators and noise suggest a good run.
417 key area of support especially after double topThe chart is set up to continue its decline. Lowering to a critical area of support could give it a new opportunity for a reversal, which can come quickly but not before this correction.
Intuitive Surgical (ISRG) Analysis Market Leadership:
Intuitive Surgical NASDAQ:ISRG , the leader in robotic-assisted surgery with its da Vinci system, is poised for substantial growth. The increasing adoption of robotic surgeries, currently under 5% of potential procedures, presents a significant opportunity. Additionally, the aging global population boosts demand for minimally invasive surgeries, favoring Intuitive Surgical's market position.
Analyst Projections:
Analysts project a median upside of 13% to 25% over the next year. For investors seeking steady returns and a strong healthcare business with a solid competitive moat, ISRG is an excellent choice.
Investment Outlook:
Bullish Outlook: We are bullish on ISRG above the $350.00-$355.00 range.
Upside Potential: With a target set at $540.00-$550.00, key growth drivers include the ongoing adoption of robotic surgeries and favorable demographic trends.
📊🤖 Monitor Intuitive Surgical for promising investment opportunities! #ISRG #RoboticSurgery 📈💼
ISRG - Back to the topAn increase in the probability of appreciation towards the latter was detected by means of the time divergence between Ethos oscillators. Approximation and alignment of multitimeframe Fibo Clouds support the operation.
Updates on this and other trades will be published in due course.
Breakdown from trendline. Downwards now 👊Breakdown from trendline. Downwards now 👊
We have mapped downside price targets in case the support line is broken.
If it holds we have expect price to bounce towards upper end of the channel.
Are you shorting?
ISRG Intuitive Surgical Options Ahead of EarningsIf you haven`t bought the dip on ISRG:
Then analyzing the options chain and the chart patterns of ISRG Intuitive Surgical prior to the earnings report this week,
I would consider purchasing the 375usd strike price Puts with
an expiration date of 2024-4-19,
for a premium of approximately $11.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Intuitive Surgical ($ISRG) Set to Release its Financial ResultsThis week, Intuitive Surgical (NASDAQ: NASDAQ:ISRG ) is set to release its financial results, and its stock price is expected to be in the spotlight. The robotics industry giant's product, da Vinci, is utilized by numerous doctors for performing minimally invasive surgeries. Intuitive Surgical's performance has been noteworthy in recent years, with a surge in demand for its product. Consequently, its total revenue increased from $4.47 billion in 2019 to over $7.1 billion in 2023.
In the fourth quarter of the previous year, the company reported a 17% increase in revenue to $1.66 billion, with a 22% rise in its instruments and accessories business generating $1.14 billion in revenue. Additionally, the company's revenue from its systems rose to $480 million, with 415 da Vinci surgical systems sold in comparison to 369 in the same period in 2023.
This week's earnings report is expected to have a significant impact on the ISRG stock price. Analysts predict that the company's revenue for Q1 will improve from $1.65 billion last year to $1.81 billion. The company's growth is expected to continue, with investors anticipating revenue of $1.98 billion in Q2. The average estimate for the year is that its revenue will reach $8 billion, followed by $9.24 billion in 2026.
Intuitive Surgical's ( NASDAQ:ISRG ) strong device sales and recurring revenue, combined with its robust balance sheet, have led analysts to be bullish on the company's prospects. The company has a cash and equivalents balance of more than $7.34 billion and minimal debt. In the last quarter, it generated over $92.6 million in interest income.
Recently, Stifel, Citigroup, Mizuho, and Barclays have upgraded the stock, with an average target of $414.80, higher than the current $378.55. The NASDAQ:ISRG shares peaked at $403.97 in March, a 123% increase from its lowest point in 2022. However, the stock has pulled back as some investors took profits while awaiting the financial results.
Intuitive Surgical's stock has retested the crucial support level at $370, which was its highest swing in December last year. Typically, a break and retest pattern is a bullish sign in the market. The only potential risk is that it has formed a double-top pattern near $403. The key support and resistance levels to watch are $360 (July 23rd high) and $403, respectively.
In conclusion, Intuitive Surgical's financial results this week are anticipated to be a significant factor in determining the company's future stock performance. The company's strong balance sheet, recurring revenue, and robust device sales are among the factors that have led industry analysts to be optimistic about the company's prospects.
NYSE > short ISRGBased on my graphic analysis I observe a bearish projection reaching minus 7,5% in the price of this corporation, that is; from $377 it will drop to $348. With a buy exit emerging at $388, it is worth remembering that the exact time the decline will take is unpredictable, the market will simply do its job. We can mention that it will happen within the next 20-30 days from this post!
REFERENCES:
* Green line: emergency exit price: $388 -3,5%
* Red line: selling price (position) $377
* White line: profit $348 +7,5%
However, it is important to remember that these marked lines must be respected. If the price goes up 1-1,5% after you execute the position, don't try to improvise and change everything. The movement could return to the initial direction and you will be left frustrated!
"Sitting quietly and waiting for the operation to develop most of the time will allow you to earn much more money. That is, sit in the stands and enjoy the spectacle that the bull will present to you, control your emotions, since the biggest enemy of "The time to invest is yourself"
As for capital management, I leave it to my personal discretion knowing that we must always have money flowing and remain firm in the market.
Greetings and I hope you take advantage of this good negotiation opportunity!
> Josias Baltazar.n
ISRG: Controlled Sideways Patterns Ahead of EarningsThe Medical Instruments and Supplies industry had stellar growth until 2022, when it could not beat that anomaly in revenue growth which was one of the primary reasons for the intermediate-term correction in 2022.
2023 patterned out the abnormal revenues and earnings for most industries that benefited from either the pandemic or from the government OVER-stimulation of the US economy via mega amounts of stimulus checks to WORKING people. Stimulus checks should have been allocated to the unemployed only. That would have lessened the impact of the resulting anomalies. If anyone had bothered to study pandemic history, the impact would have been much less severe for American families and the economy.
As with hundreds of stocks at this time, NASDAQ:ISRG is trending sideways. This is not a perfect platform yet, but the sideways action has some of the traits of a platform such as consistent highs and lows from the perspective of a weekly chart.
The stock is above its previous all-time high now, which provides a technical support level. The weekly chart shows that there has been Dark Pool accumulation and professional traders in the mix.
IF the earnings report next week shows steady growth in both revenues and earnings in the 1st quarter, and IF the CEO's projections are positive, the stock could have an HFT gap up. If there was a negative surprise coming, the CEO should have warned by now. HFTs can make mistakes and gap it down. But if HFTs trade it down, then the stock price will immediately run back up into that sideways price level.
If the report indicates a flat or minor improvement, then it is likely to remain within the sideways trend for another quarter.
A controlled entry above the highs of the current sideways action eliminates that risk factor for either swing trading or position trading.
ISRG 2024-03-26 this leader looks like want to go higherNASDAQ:ISRG looks bullish
- consolidate for a while
- good earning
- a low risk with %5 stoploss can be place at here
ISRG - Cup & Handle to Long ?ISRG to Long ? Cup & Handle pattern + Above the average line 150 + Retest to support/Breakout line + RSI indicator around the middle.
Only an idea and not a recommendation for trading!
ISRG rising wedgeHi traders,
let's take a look at ISRG chart.
On the chart we can see a rising wedge formation.
We are expecting price to breakdown in the next days.
After the breakout occurs, we can take short position. Targets are shown on the chart.
In order to avoid trading fakeout, look for the volume increase at the breakout.
Do you agree with this idea? Let us know.
ISRG - Intuitive Surgical Inc - Buy ZoneAccording to the market behaviour, ISRG has been rising sharply on the one hour, five hours, daily, and weekly charts. Technical analysis indicates that the next target will $327, and if it crosses that level and closes above successfully, the next target for the market will be $340 & 354.
Italian Translation:
Secondo il comportamento del mercato, l'ISRG è in forte aumento sui grafici di un'ora, cinque ore, giornalieri e settimanali. L'analisi tecnica indica che il prossimo obiettivo sarà 327 dollari e, se supera quel livello e chiude con successo al di sopra, il prossimo obiettivo per il mercato sarà 340 e 354 dollari.
German Translation:
Dem Marktverhalten zufolge ist ISRG auf den Ein-Stunden-, Fünf-Stunden-, Tages- und Wochen-Charts stark gestiegen. Die technische Analyse zeigt, dass das nächste Ziel bei 327 US-Dollar liegt. Wenn es dieses Niveau überschreitet und erfolgreich darüber schließt, wird das nächste Ziel für den Markt bei 340 und 354 US-Dollar liegen.
ISRG Intuitive Surgical Options Ahead of EarningsAnalyzing the options chain and the chart patterns of ISRG Intuitive Surgical prior to the earnings report this week,
I would consider purchasing the 285usd strike price Calls with
an expiration date of 2023-10-20,
for a premium of approximately $5.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Double bottom on Intuitive Surgical, INC.A double bottom suggests a change in direction higher and possibly the start of a new uptrend. To put it in buyers/sellers terms, the sellers have created a downtrend that came to a low point (support), which led to a rebound or short-covering.
Entry point: You can consider entering a long position at current price around: 291.00.
Stop loss: Place stop loss below support line. Recommended stop loss value : 276.
Take Profit 1: 318.00.
Take Profit 2: 358.00.
