Intuitive Surgical (ISRG) shares rallied on April 22 after the biotech company reported better-than-expected earnings for its fiscal Q1 and raised guidance for the full year. The post-earning momentum helped ISRG break above its 20-day and 50-day moving averages (MAs), indicating bulls are beginning to take back control across multiple timeframes.
Despite recent gains, however, Intuitive Surgical stock remains down roughly 20% versus its year-to-date high.
