The Greedy Trader Weekly Analysis
Sign In Apr 24, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 4/17/2026 -
Sign In to see current Signals.

Intuit, Inc. (INTU) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is oversoldLane's Stochastic bullish divergenceTrend support at 566.12
Daily :Stochastic has raised above the signal lineThe price has risen above the Parabolic SARPrice is near the Fibonacci 38.2% retracement level
Move cursor over the icon to see details.

It was a first positive week for the Intuit, Inc. (INTU). During the week, the INTU gained 42.31 points, or 12.06%, and closed at 393.25 on Friday, April 17, 2026. Weekly volume was 28% above average.

Long-term trend: [See INTU long-term trend chart]
A long-term uptrend had started on February 28, 1997 at 3.48 and reached 813.70 on July 30, 2025. INTU gained -810.22 points, or -23282.18%, in 1482 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 44.76 and resistance is at 842.17. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See INTU medium-term trend chart]
A medium-term downtrend had started on December 12, 2025 at 681.20 and reached 342.11 on April 10, 2026. INTU lost 339.09 points, or 49.78%, in 17 weeks. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend support (566.12) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.

Weekly Technical Indicators: [See INTU weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 weekly MACD line is below its signal line since August 15, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See INTU short-term trend chart]
A short-term downtrend had started on March 6, 2026 at 483.21 and reached 342.11 on April 10, 2026. INTU lost 141.10 points, or 29.20%, in 35 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See INTU daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal.

The daily MACD line is below its signal line since March 26, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 42.28
Williams' Percentage Range (W%R) 55.90
Lane's Stochastic (%D-Slow) 45.58
Greed/Fear Indicator (GFI) 43.97
Moving Average Converg./Diverg. (MACD) -15.74
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 29.55
Williams' Percentage Range (W%R) 84.10
Oversold
Lane's Stochastic (%D-Slow) 33.72
Bullish
Greed/Fear Indicator (GFI) 30.19
Moving Average Converg./Diverg. (MACD) -60.44 Bullish
Trading Signals
Description Value Chart
Upper Bollinger Band 462.83
50 Day Moving Average 416.65
20 Day Moving Average 408.33
Monthly Trendline Resistance 393.35
Price 393.25
Weekly Stochastic Crossing 388.99
Daily Stochastic Crossing 379.46
Parabolic System 346.72
Lower Bollinger Band 343.29
Sector and Industry
Description Name Rank
Sector Information Technology 6
Industry Application Software 30
Daily Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
High 474.77
High Date 03/17/2026
Low 342.11
Low Date 04/10/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 483.21
High Date 03/06/2026
Low 342.11
Low Date 04/10/2026
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Test Support
Resistance 393.35
Support 566.12
High 681.20
High Date 12/12/2025
Low 342.11
Low Date 04/10/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 813.70
High Date 07/30/2025
Low 342.11
Low Date 04/10/2026
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Status Valid
Resistance 842.17
Support 44.76
Low 3.48
Low Date 02/28/1997
High 813.70
High Date 07/30/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.