We assign a technical rating of 0 out of 10 to INTU. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 80% of all other stocks performed better in the past year than INTU.
- INTU is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month INTU has a been trading in the 520.69 - 678.57 range, which is quite wide. It is currently trading near the lows of this range.
- INTU has an average volume of 2104490 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 277 other stocks in this industry, INTU did better than 65% of them.
- Volume is considerably higher in the last couple of days.
INTU has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
558.33
3 important resistance areas can be observed.
- A resistance zone ranging from 563.98 to 571.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 653.90 to 656.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @683.39 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 | 20.52 | NEGATIVE | INTU has a low relative strength, it was outperformed by 79.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INTU is below a declining 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) | 35.83 | NEUTRAL | The RSI value for INTU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -8.38 | NEGATIVE | The MACD value suggests INTU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.84 | OVERSOLD | The low Stochastics value suggests INTU may be oversold. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for INTU suggests some volalility. |
| Average Directional Index/ADX (14) | 38.68 | POSITIVE | The high ADX value value for INTU suggests a strong trend. |
563.965
+16.27 (+2.97%)
INTUIT INC / INTU FAQ
What is the ChartMill technical rating of INTUIT INC (INTU) stock?
ChartMill assigns a technical rating of 0 / 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 35.8261. 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 -8.38468, indicating a bearish trend.
Can you provide the support and resistance levels for INTUIT INC?
INTUIT INC (INTU) has a resistance level at 563.98. Check the full technical report for our detailed analysis of INTU support and resistance levels.