INTUIT INC.
INTUIT INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: INTU
ISIN:

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

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by AMIKOTUN. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

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.

Central Gaps

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:

Central Indicators

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:

Central Indicators

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:

Central Patterns

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:

Central Candlesticks

Downside gap

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
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
Standard545.71550.05556.18560.52566.65570.99577.12
Camarilla559.42560.38561.34562.30563.26564.22565.18
Woodie546.60550.50557.07560.97567.54571.44578.01
Fibonacci550.05554.05556.52560.52564.52566.99570.99


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard473.66486.71510.76523.81547.86560.91584.96
Camarilla524.62528.02531.42534.82538.22541.62545.02
Woodie479.17489.46516.27526.56553.37563.66590.47
Fibonacci486.71500.88509.63523.81537.98546.73560.91


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard343.27421.51488.37566.61633.47711.71778.57
Camarilla515.33528.63541.93555.23568.53581.83595.13
Woodie337.58418.67482.68563.77627.78708.87772.88
Fibonacci421.51476.94511.18566.61622.04656.28711.71

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 : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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