INTUIT INC. - Daily - Technical analysis published on 02/03/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
50%
17%
33%
My opinion
Bearish under 577.92 USD
My targets
525.35 USD (-3.27%)
476.97 USD (-12.18%)
My analysis
INTUIT INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 577.92 USD. The next support located at 525.35 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 476.97 USD. Below this support, sellers could then target 421.60 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
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
4.3
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This analysis was given by AMIKOTUN. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The INTUIT INC. rating is 543.13 USD. The price is lower by -3.41% since the last closing and was traded between 540.93 USD and 552.77 USD over the period. The price is currently at +0.41% from its lowest and -1.74% from its highest.540.93
552.77
543.13
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of INTUIT INC. in Daily shows a overall strongly bearish trend. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near horizontal support
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Downside gap
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 421.60 | 476.97 | 525.35 | 543.13 | 577.92 | 604.75 | 652.77 |
Change (%) | -22.38% | -12.18% | -3.27% | - | +6.41% | +11.35% | +20.19% |
Change | -121.53 | -66.16 | -17.78 | - | +34.79 | +61.62 | +109.64 |
Level | Intermediate | Minor | Major | - | Major | 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 | 545.71 | 550.05 | 556.18 | 560.52 | 566.65 | 570.99 | 577.12 |
Camarilla | 559.42 | 560.38 | 561.34 | 562.30 | 563.26 | 564.22 | 565.18 |
Woodie | 546.60 | 550.50 | 557.07 | 560.97 | 567.54 | 571.44 | 578.01 |
Fibonacci | 550.05 | 554.05 | 556.52 | 560.52 | 564.52 | 566.99 | 570.99 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 473.66 | 486.71 | 510.76 | 523.81 | 547.86 | 560.91 | 584.96 |
Camarilla | 524.62 | 528.02 | 531.42 | 534.82 | 538.22 | 541.62 | 545.02 |
Woodie | 479.17 | 489.46 | 516.27 | 526.56 | 553.37 | 563.66 | 590.47 |
Fibonacci | 486.71 | 500.88 | 509.63 | 523.81 | 537.98 | 546.73 | 560.91 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 343.27 | 421.51 | 488.37 | 566.61 | 633.47 | 711.71 | 778.57 |
Camarilla | 515.33 | 528.63 | 541.93 | 555.23 | 568.53 | 581.83 | 595.13 |
Woodie | 337.58 | 418.67 | 482.68 | 563.77 | 627.78 | 708.87 | 772.88 |
Fibonacci | 421.51 | 476.94 | 511.18 | 566.61 | 622.04 | 656.28 | 711.71 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 42.35 | |
MACD (12,26,9): | -17.3500 | |
Directional Movement: | -11.35 | |
AROON (14): | -57.14 | |
DEMA (21): | 531.00 | |
Parabolic SAR (0,02-0,02-0,2): | 507.02 | |
Elder Ray (13): | -1.01 | |
Super Trend (3,10): | 583.67 | |
Zig ZAG (10): | 542.79 | |
VORTEX (21): | 0.8100 | |
Stochastique (14,3,5): | 69.19 | |
TEMA (21): | 528.78 | |
Williams %R (14): | -36.45 | |
Chande Momentum Oscillator (20): | 4.85 | |
Repulse (5,40,3): | 1.8100 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.5900 | |
Courbe Coppock: | 8.68 |
MA7: | 540.04 | |
MA20: | 548.54 | |
MA50: | 608.38 | |
MA100: | 595.52 | |
MAexp7: | 545.81 | |
MAexp20: | 556.57 | |
MAexp50: | 582.75 | |
MAexp100: | 580.32 | |
Price / MA7: | +0.57% | |
Price / MA20: | -0.99% | |
Price / MA50: | -10.73% | |
Price / MA100: | -8.80% | |
Price / MAexp7: | -0.49% | |
Price / MAexp20: | -2.41% | |
Price / MAexp50: | -6.80% | |
Price / MAexp100: | -6.41% |
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:
- Media Alert: You are Invited to Join Intuit QuickBooks and Tracee Ellis Ross for a Black History Month Roundtable focused on Health and Wellness for Small Businesses
- Intuit to Announce Second-quarter Fiscal 2022 Results on February 24
- Intuit QuickBooks Gives Small Businesses and Their Employees Faster Access to Money With Two New Fintech Solutions
- Media Alert: You are Invited to Join Intuit QuickBooks and Tracee Ellis Ross for a Black History Month Roundtable focused on Health and Wellness for Small Businesses
- Intuit QuickBooks works with U.K. Government to boost productivity for small- and medium- sized enterprises in new program
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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