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Downtrend Broken Resist.Archive
- 4/25/2025 -
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Intuit, Inc. (INTU) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a first positive week for the Intuit, Inc. (INTU). During the week, the INTU gained 38.72 points, or 6.61%, and closed at 624.10 on Friday, April 25, 2025. It was the best weekly gain since February 28, 2025. INTU was trading at average weekly trading volume.
INTU is a member of Information Technology Sector. Information Technology is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See INTU long-term trend chart]
A long-term uptrend had started on May 12, 2022 at 339.36 and reached 714.80 on November 13, 2024. INTU gained -375.44 points, or -110.63%, in 130 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Medium-term trend: [See INTU medium-term trend chart]
A medium-term downtrend had started on November 13, 2024 at 714.80 and reached 532.70 on April 7, 2025. INTU lost 182.10 points, or 25.48%, in 20 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (514.55) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. INTU may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See INTU weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since December 27, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See INTU short-term trend chart]
A short-term downtrend had started on February 26, 2025 at 639.00 and reached 532.70 on April 7, 2025. INTU lost 106.30 points, or 16.64%, in 40 days. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (616.04). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a short-term trend.
 Daily Technical Indicators: [See INTU daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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