INTUIT INC. - 1H - Technical analysis published on 12/21/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 634.98 USD
My targets
603.98 USD (-2.64%)
566.96 USD (-8.61%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 634.98 USD remains possible. It is advisable to trade INTUIT INC. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 634.98 USD. The next bearish objective for sellers is set at 603.98 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 566.96 USD. In case of crossing, the next objective would be the support located at 525.35 USD. PS: if there is a bullish break in the resistance located at 634.98 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.4
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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
The INTUIT INC. price is 620.38 USD. The price registered an increase of +2.61% on the session and was traded between 601.05 USD and 620.62 USD over the period. The price is currently at +3.22% from its lowest and -0.04% from its highest.601.05
620.62
620.38
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.:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this INTUIT INC. chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 421.89 | 525.35 | 603.98 | 620.38 | 634.98 | 649.59 | 694.40 |
Change (%) | -31.99% | -15.32% | -2.64% | - | +2.35% | +4.71% | +11.93% |
Change | -198.49 | -95.03 | -16.40 | - | +14.60 | +29.21 | +74.02 |
Level | Major | Major | Major | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 582.76 | 591.02 | 597.82 | 606.08 | 612.88 | 621.14 | 627.94 |
Camarilla | 600.49 | 601.87 | 603.25 | 604.63 | 606.01 | 607.39 | 608.77 |
Woodie | 582.04 | 590.66 | 597.10 | 605.72 | 612.16 | 620.78 | 627.22 |
Fibonacci | 591.02 | 596.77 | 600.32 | 606.08 | 611.83 | 615.38 | 621.14 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 521.74 | 566.96 | 593.62 | 638.84 | 665.50 | 710.72 | 737.38 |
Camarilla | 600.50 | 607.09 | 613.68 | 620.27 | 626.86 | 633.45 | 640.04 |
Woodie | 512.45 | 562.32 | 584.33 | 634.20 | 656.21 | 706.08 | 728.09 |
Fibonacci | 566.96 | 594.42 | 611.39 | 638.84 | 666.30 | 683.27 | 710.72 |
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): | 48.34 | |
MACD (12,26,9): | -6.8100 | |
Directional Movement: | -3.52 | |
AROON (14): | -35.71 | |
DEMA (21): | 605.84 | |
Parabolic SAR (0,02-0,02-0,2): | 599.58 | |
Elder Ray (13): | 3.74 | |
Super Trend (3,10): | 628.22 | |
Zig ZAG (10): | 618.77 | |
VORTEX (21): | 0.8500 | |
Stochastique (14,3,5): | 60.42 | |
TEMA (21): | 606.90 | |
Williams %R (14): | -20.27 | |
Chande Momentum Oscillator (20): | -1.71 | |
Repulse (5,40,3): | 1.8300 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.2000 | |
Courbe Coppock: | 4.09 |
MA7: | 633.36 | |
MA20: | 656.00 | |
MA50: | 625.34 | |
MA100: | 587.61 | |
MAexp7: | 613.76 | |
MAexp20: | 615.67 | |
MAexp50: | 629.95 | |
MAexp100: | 641.04 | |
Price / MA7: | -2.05% | |
Price / MA20: | -5.43% | |
Price / MA50: | -0.79% | |
Price / MA100: | +5.58% | |
Price / MAexp7: | +1.08% | |
Price / MAexp20: | +0.77% | |
Price / MAexp50: | -1.52% | |
Price / MAexp100: | -3.22% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on INTUIT INC. at the time of the generation of this analysis was as follows:
- Intuit Accountants Releases Tax Planning and Advisory Insights Survey
- Intuit QuickBooks’ Integrated Small Business Bank Account Is Now QuickBooks Checking
- Intuit QuickBooks Projects 17 Million New Entrepreneurs To Join Rapidly Growing Small Business Economy in 2022
- Majority of Mid-Sized Businesses Outgrow Technology or Overpay for Unused Features
- Intuit Accountants Announces New Products and Updates for Tax Year 2021
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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