Taking everything into account, INTU scores 0 out of 10 in our technical rating. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 88% of all other stocks performed better in the past year than INTU.
- INTU is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month INTU has a been trading in the 411.11 - 652.71 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- INTU has an average volume of 2550420 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 56% of them.
The technical rating of INTU is bad and it also does not present a 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
439.33
When analyzing the resistance we notice 4 important areas.
- Resistance @501.42 from a trend line in the daily time frame.
- A resistance zone ranging from 641.32 to 646.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @663.15 from a horizontal line in the daily time frame.
- 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 | 12.56 | NEGATIVE | INTU has a low relative strength, it was outperformed by 87.44% 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) | DOWN | NEGATIVE | The current price of INTU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.92 | OVERSOLD | The low RSI value suggests INTU may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -8.72 | NEGATIVE | The MACD value suggests INTU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.07 | OVERSOLD | The low Stochastics value suggests INTU may be oversold. |
| Average True Range in percent/ATR (20) | 5.58 | HIGH VOLATILITY | The high ATR as a percentage value for INTU suggests high volalility. |
| Average Directional Index/ADX (14) | 50.82 | POSITIVE | The high ADX value value for INTU suggests a strong trend. |
443.77
+8.86 (+2.04%)
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 23.9182. This indicates that the stock is currently oversold.
What is the MACD signal for INTUIT INC (INTU) stock?
The MACD indicator for INTUIT INC (INTU) has a value of -8.72485, indicating a bearish trend.
Can you provide the support and resistance levels for INTUIT INC?
INTUIT INC (INTU) has a resistance level at 501.42. Check the full technical report for our detailed analysis of INTU support and resistance levels.