INTUIT INC (INTU) Stock Technical Analysis
NASDAQ:INTU - Nasdaq - US4612021034 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to INTU. In the last year, INTU was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month INTU has a been trading in the 743.50 - 790.60 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
INTU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so INTU is lagging the market slightly.
INTU has an average volume of 1705990 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 79% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
INTU is part of the Software industry. There are 282 other stocks in this industry, INTU did better than 65% of them.
INTU has an average technical rating and it also does not offer a high quality setup 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
550.07
795.52
We found 3 important support areas.
- A support zone ranging from 747.89 to 747.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 573.90 to 576.84. 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.
We found 1 important resistance area.
- A resistance zone ranging from 767.50 to 787.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for INTU is neutral. |
| ChartMill Relative Strength | 79.86 | POSITIVE | INTU has a high relative strength, it outperformed 79.86% 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) | 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) | 45.87 | NEUTRAL | The RSI value for INTU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -6.2 | NEGATIVE | The MACD value suggests INTU has a negative trend. |
| Stochastics (14,3) | 21.06 | NEUTRAL | The Stochastics value for INTU is a neutral value. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for INTU suggests low volalility. |
| Average Directional Index/ADX (14) | 31.61 | 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)
747.9
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0%
1 Week-4.19%
2 Weeks-3.23%
1 Month-2.2%
3 Month27.4%
6 Month19.97%
12 Month16.5%
2 Year46.16%
3 Year63.95%
5 Year144.12%
10 Year607.1%
15 Year1781.51%
Volatility
ATR(14)13.95
ATR(20)%1.76%
ATR Inc25.75%
Range Today8.36
ADR(20)12.29
ADR(20)%1.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.86
Mansfield0.77
10 Day High790.6
10 Day Low743.5
20 Day High790.6
20 Day Low743.5
52 Week High790.6
52 Week Low532.65
CS1 End747.89
CR1 Start767.5
Volume & EV
DER(3)0.94%
DER(5)0.87%
Volume1.05M
Volume Incr-9.67%
Vol(5)1.41M
Vol(50)1.71M