Intuitive Surgical, Inc. (ISRG) Nears an Interesting Point
07/11/2008 12:00 am EST
Chart Courtesy of Thomson Financial
Here is the weekly chart that highlights the support that sits near 240. This is the point where buyers were willing to step in and buy the stock in January. A look to the sentiment profile shows that optimism is still fairly contained, which is a good sign...
- According to Zacks, only five of ten analysts rank the stock with a "buy" rating.
- According to data collected by our Quantified Analysis group, 9% of the stock's float is sold short.
- The open interest configuration shows there isn't a call strike with more than 3,000 contracts.
What this suggests is that expectations for the stock are fairly subdued. That is interesting given this was one of the top performing stocks last year. Find more posts like this at Schaeffer's Trading Floor Blog.