INTUIT INC (INTU) Technical Analysis
NASDAQ:INTU • US4612021034
Current stock price
INTU Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to INTU. INTU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, INTU is a bad performer in the overall market: 89% of all stocks are doing better.
- INTU is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so INTU is lagging the market.
- In the last month INTU has a been trading in the 409.50 - 483.21 range, which is quite wide. It is currently trading near the lows of this range.
- INTU has an average volume of 4283710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- INTU is part of the Software industry. There are 275 other stocks in this industry, INTU did better than 45% of them.
- Considerably lower volume is observed in the last couple of days.
INTU Weekly and Daily overview Charts
INTU Setup Rating and Analysis
Although the technical rating is bad, INTU does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
INTU Support and Resistance Analysis
412.27
When analyzing the support we notice one important area.
- Support @416.43 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 7 important areas.
- A resistance zone ranging from 441.12 to 448.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 476.70 to 481.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @597.29 from a trend line in the daily time frame.
- Resistance @606.93 from a trend line in the weekly time frame.
- Resistance @638.88 from a trend line in the daily time frame.
- Resistance @653.17 from a trend line in the weekly time frame.
- Resistance @683.39 from a horizontal line in the daily time frame.
INTU Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for INTU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INTU is down. |
| ChartMill Relative Strength | 11.76 | NEGATIVE | INTU has a low relative strength, it was outperformed by 88.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of INTU is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INTU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INTU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.34 | NEUTRAL | The RSI value for INTU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.05 | NEGATIVE | The MACD value suggests INTU has a negative trend. |
| Stochastics (14,3) | 21.52 | NEUTRAL | The Stochastics value for INTU is a neutral value. |
| Average True Range in percent/ATR (20) | 4.81 | MEDIUM VOLATILITY | The ATR as a percentage value for INTU suggests some volalility. |
| Average Directional Index/ADX (14) | 21.69 | NEUTRAL | The ADX value for INTU suggests a possible start of a new trend. |
INTU Chart- and CandleStick Pattern Analysis
INTU Technicals: Chart, Performance Metrics, Trend & Indicators
429.03
+12.59 (+3.02%)
INTUIT INC / INTU TA FAQ
What is the ChartMill technical rating of INTUIT INC (INTU) stock?
ChartMill assigns a technical rating of 1 / 10 to INTU.
What is the trend direction for INTU stock?
The current trend direction for INTUIT INC (INTU) is Bearish.
What is the RSI signal for INTU stock?
INTUIT INC (INTU) has an RSI value of 45.3355. This indicates that the stock is currently neutral.
What is the MACD signal for INTUIT INC (INTU) stock?
The MACD indicator for INTUIT INC (INTU) has a value of -1.04854, indicating a bearish trend.
Can you provide the support and resistance levels for INTUIT INC?
INTUIT INC (INTU) has a support level at 416.43 and a resistance level at 441.12. Check the full technical report for our detailed analysis of INTU support and resistance levels.