|
|
Downtrend Broken Resist.Archive
- 5/2/2025 -
Sign In to see current Signals. |
Intuit, Inc. (INTU) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Intuit, Inc. (INTU). During the week, the INTU gained 7.58 points, or 1.21%, and closed at 631.68 on Friday, May 2, 2025. Weekly volume was -18% below average.
 Long-term trend: [See INTU long-term trend chart]
A long-term downtrend had started on November 13, 2024 at 714.80 and reached 532.70 on April 7, 2025. INTU lost 182.10 points, or 25.48%, in 20 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (509.04) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. INTU may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See INTU medium-term trend chart]
A medium-term downtrend had started on February 26, 2025 at 639.00 and reached 532.70 on April 7, 2025. INTU lost 106.30 points, or 16.64%, in 5 weeks. The price is now at the 93.11% retracement level.
 Weekly Technical Indicators: [See INTU weekly technical indicators chart]
Weekly technical indicators are neutral.
During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.
 Short-term trend: [See INTU short-term trend chart]
A short-term uptrend had started on April 7, 2025 at 532.70 and reached 636.81 on May 2, 2025. INTU gained -104.11 points, or -19.54%, in 25 days. Price is near the trend high.
 Daily Technical Indicators: [See INTU daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The daily MACD line is above its signal line since April 22, 2025. This is an indication that the short-term trend is up.
| |
|
|