Shares of Intuitive Surgical (ISRG) Sees Large Outflow of Money

Intuitive Surgical (ISRG) : The total negative money flow of $1.25 million on Thursday indicates selling on strength. The inflow of money on upticks was $2.97 million, compared to $4.22 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.7. The negative money flow of $0 million in block trades reveals that the informed traders sold the stock on every bit of price strength.The transaction value of block trade on downtick was $0 million. The price action in the Intuitive Surgical (ISRG) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $672.92 with a gain of $2.48 , a change of 0.37% over the previous days close. The stock registered 0.99% for the week.


Intuitive Surgical (ISRG) : Currently there are 12 street experts covering Intuitive Surgical (ISRG) stock. The most bullish and bearish price target for the stock is $750 and $600 respectively for the short term. The average price target of all the analysts comes to $672.5. The estimated standard deviation from the target is $44.8. The stock has recorded a 20-day Moving Average of 3.96% and the 50-Day Moving Average is 5.85%.

Intuitive Surgical (NASDAQ:ISRG): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $668.99 and $668.18 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $676.08. The buying momentum continued till the end and the stock did not give up its gains. It closed at $675.30, notching a gain of 0.72% for the day. The total traded volume was 191,102 . The stock had closed at $670.44 on the previous day.

Intuitive Surgical, Inc. designs, manufactures and markets da Vinci Surgical Systems and related instruments and accessories. The Companys da Vinci Surgical System consists of a surgeons console, a patient-side cart and vision system. The da Vinci Surgical System provides its operating surgeons with control, range of motion, tissue manipulation and three-dimensional (3-D), high-definition (HD) vision. It allows surgeons to work through the small ports enabled by minimally invasive surgery (MIS) procedures. Its da Vinci Surgery utilizes computational, robotic and imaging technologies. The Company has four generations of da Vinci Surgical System: the da Vinci Xi Surgical System, the da Vinci Si Surgical System, the da Vinci S Surgical System and the standard da Vinci Surgical System. The Company focuses on five surgical specialties: urologic surgery, gynecologic surgery, general surgery, cardiothoracic surgery, and head and neck surgery.

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