INTUIT INC (INTU) Stock Technical Analysis
NASDAQ:INTU - Nasdaq - US4612021034 - Common Stock - Currency: USD
Overall INTU gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, INTU is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
INTU is one of the better performing stocks in the Software industry, it outperforms 80% of 283 stocks in the same industry.
A new 52 week high is currently being made by INTU, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so INTU is leading the market.
In the last month INTU has a been trading in the 610.22 - 734.18 range, which is quite wide. It is currently trading near the high of this range.
INTU has an average volume of 1783990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, INTU did better than 90% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although INTU has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
550.07
727.33
When analyzing the support we can see 4 important areas.
- A support zone ranging from 651.26 to 669.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 617.04 to 618.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 569.18 to 573.90. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @555.63 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for INTU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INTU is up. |
| ChartMill Relative Strength | 90.57 | POSITIVE | INTU has a high relative strength, it outperformed 90.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INTU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INTU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INTU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.14 | OVERBOUGHT | The high RSI value suggests INTU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.61 | POSITIVE | The MACD value suggests INTU has a positive trend. |
| Stochastics (14,3) | 80.46 | OVERBOUGHT | The high Stochastics value suggests INTU may be overbought. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for INTU suggests some volalility. |
| Average Directional Index/ADX (14) | 28.01 | POSITIVE | The high ADX value value for INTU suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
720.13
+54.06 (+8.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg8.12%
1 Week7.44%
2 Weeks10.13%
1 Month15.38%
3 Month27.35%
6 Month12.5%
12 Month18.64%
2 Year71.82%
3 Year73.75%
5 Year148.05%
10 Year591.44%
15 Year1914.91%
Volatility
ATR(14)16.29
ATR(20)%2.14%
ATR Inc220.36%
Range Today20.18
ADR(20)12.61
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.57
Mansfield1.33
10 Day High734.18
10 Day Low651.73
20 Day High734.18
20 Day Low610.22
52 Week High734.18
52 Week Low532.65
CS1 End669.17
CR1 StartN/A
Volume & EV
DER(3)-0.19%
DER(5)0.21%
Volume5.33M
Volume Incr53.86%
Vol(5)2.30M
Vol(50)1.78M