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Uptrend SupportArchive - 1/10/2025 - Sign In to see current Signals. |
Intuit, Inc. (INTU) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Intuit, Inc. (INTU). During the week, the INTU dropped -6.80 points, or -1.08%, and closed at 623.40 on Friday, January 10, 2025. INTU was trading at average weekly trading volume. INTU is a member of Information Technology Sector. Information Technology is the most overbought 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 31, 2024 at 557.29 and reached 714.80 on November 13, 2024. INTU gained -157.51 points, or -28.26%, in 23 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (622.10) line. The support is usually stronger when technical indicators are oversold. 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 support line in a long-term trend. Medium-term trend: [See INTU medium-term trend chart] A medium-term downtrend had started on November 13, 2024 at 714.80 and reached 611.90 on January 7, 2025. INTU lost 102.90 points, or 14.40%, in 7 weeks. The price is now at the 11.18% retracement level. Weekly Technical Indicators: [See INTU weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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. 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, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. 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 December 17, 2024 at 679.90 and reached 611.90 on January 7, 2025. INTU lost 68.00 points, or 10.00%, in 21 days. The chart has formed a Falling Wedge chart pattern. Daily Technical Indicators: [See INTU daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Use the following link to access Lane's Stochastic help. The daily MACD line is below its signal line since December 18, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. 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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