INTUIT INC (INTU) Stock Technical Analysis
USA - NASDAQ:INTU - US4612021034 - Common Stock
Overall INTU gets a technical rating of 1 out of 10. INTU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, INTU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 646.03, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for INTU in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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555.90
When analyzing the support we can see 3 important areas.
- A support zone ranging from 641.78 to 646.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @573.90 from a horizontal line in the weekly time frame.
- Support @561.52 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 651.68 to 678.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 698.27 to 702.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @717.21 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 | 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 | 25.47 | NEGATIVE | INTU has a low relative strength, it was outperformed by 74.53% 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) | UP | MIXED | The current price of INTU is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.37 | NEUTRAL | The RSI value for INTU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.88 | NEGATIVE | The MACD value suggests INTU has a negative trend. |
| Stochastics (14,3) | 37.89 | NEUTRAL | The Stochastics value for INTU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for INTU suggests some volalility. |
| Average Directional Index/ADX (14) | 22.96 | NEUTRAL | The ADX value for INTU suggests a possible start of a new trend. |
650.11
-9.19 (-1.39%)
INTUIT INC / INTU FAQ
What is the ChartMill technical rating of INTUIT INC (INTU) stock?
ChartMill assigns a technical rating of 1 / 10 to INTU.
Can you provide the trend direction for INTUIT INC?
The current trend direction for INTUIT INC (INTU) is Bearish.
What is the RSI signal for INTUIT INC (INTU) stock?
INTUIT INC (INTU) has an RSI value of 42.3695. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INTUIT INC?
The MACD indicator for INTUIT INC (INTU) has a value of -0.882738, indicating a bearish trend.
What is the buy/sell signal for INTUIT INC (INTU) stock?
The buy/sell signal for INTUIT INC (INTU) is sell as both the short term and long term trends are negative.