INTUIT INC. - 1H - Technical analysis published on 12/09/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 663.71 USD
My targets
677.81 USD (+1.20%)
693.89 USD (+3.60%)
My analysis
The bullish trend is currently very strong on INTUIT INC.. As long as the price remains above the support at 663.71 USD, you could try to benefit from the boom. The first bullish objective is located at 677.81 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 693.89 USD as an objective. Crossing it would then enable buyers to target 716.86 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5.9
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
INTUIT INC. rating 669.76 USD. The price registered a decrease of -0.49% on the session and was traded between 668.46 USD and 680.25 USD over the period. The price is currently at +0.19% from its lowest and -1.54% from its highest.668.46
680.25
669.76
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by INTUIT INC.:
Technical
Technical analysis of this 1H chart of INTUIT INC. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 7 are neutral and 5 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 634.98 | 652.01 | 663.71 | 669.76 | 677.81 | 693.89 | 716.86 |
| Change (%) | -5.19% | -2.65% | -0.90% | - | +1.20% | +3.60% | +7.03% |
| Change | -34.78 | -17.75 | -6.05 | - | +8.05 | +24.13 | +47.10 |
| Level | Intermediate | Minor | Minor | - | Minor | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 658.41 | 662.59 | 667.83 | 672.01 | 677.25 | 681.43 | 686.67 |
| Camarilla | 670.47 | 671.33 | 672.20 | 673.06 | 673.92 | 674.79 | 675.65 |
| Woodie | 658.93 | 662.86 | 668.35 | 672.28 | 677.77 | 681.70 | 687.19 |
| Fibonacci | 662.59 | 666.19 | 668.42 | 672.01 | 675.61 | 677.84 | 681.43 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 560.58 | 597.78 | 622.87 | 660.07 | 685.16 | 722.36 | 747.45 |
| Camarilla | 630.83 | 636.54 | 642.25 | 647.96 | 653.67 | 659.38 | 665.09 |
| Woodie | 554.53 | 594.75 | 616.82 | 657.04 | 679.11 | 719.33 | 741.40 |
| Fibonacci | 597.78 | 621.58 | 636.28 | 660.07 | 683.87 | 698.57 | 722.36 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 484.99 | 544.27 | 598.29 | 657.57 | 711.59 | 770.87 | 824.89 |
| Camarilla | 621.14 | 631.53 | 641.91 | 652.30 | 662.69 | 673.07 | 683.46 |
| Woodie | 482.35 | 542.96 | 595.65 | 656.26 | 708.95 | 769.56 | 822.25 |
| Fibonacci | 544.27 | 587.55 | 614.29 | 657.57 | 700.85 | 727.59 | 770.87 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.72 | |
| MACD (12,26,9): | 3.5500 | |
| Directional Movement: | 7.12 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 672.30 | |
| Parabolic SAR (0,02-0,02-0,2): | 663.75 | |
| Elder Ray (13): | 1.16 | |
| Super Trend (3,10): | 658.73 | |
| Zig ZAG (10): | 670.24 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 34.69 | |
| TEMA (21): | 675.59 | |
| Williams %R (14): | -68.37 | |
| Chande Momentum Oscillator (20): | -1.25 | |
| Repulse (5,40,3): | -0.8300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 2.11 |
| MA7: | 663.61 | |
| MA20: | 657.06 | |
| MA50: | 608.71 | |
| MA100: | 578.53 | |
| MAexp7: | 671.09 | |
| MAexp20: | 668.33 | |
| MAexp50: | 665.05 | |
| MAexp100: | 659.47 | |
| Price / MA7: | +0.93% | |
| Price / MA20: | +1.93% | |
| Price / MA50: | +10.03% | |
| Price / MA100: | +15.77% | |
| Price / MAexp7: | -0.20% | |
| Price / MAexp20: | +0.21% | |
| Price / MAexp50: | +0.71% | |
| Price / MAexp100: | +1.56% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on INTUIT INC. at the time of the analysis were as follows:
- Majority of Mid-Sized Businesses Outgrow Technology or Overpay for Unused Features
- Intuit Accountants Announces New Products and Updates for Tax Year 2021
- Intuit Announces Pricing of Secondary Offering of 1,548,700 Shares of Common Stock
- Intuit Announces Secondary Offering of 1,548,700 Shares of Common Stock
- Intuit Executive Vice President Greg Johnson to Present at the Wells Fargo TMT Virtual Summit
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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