INTUIT INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	INTU
ISIN:

INTUIT INC. - 1H - Technical analysis published on 10/17/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

61%

22%

My opinion

Bearish under 614.08 USD

My targets

602.64 USD (-1.07%)

583.33 USD (-4.24%)

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 614.08 USD. The next support located at 602.64 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 583.33 USD. Below this support, sellers could then target 561.25 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.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

6.8

Comment on the analysis

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The INTUIT INC. price is 609.16 USD. On the day, this instrument lost -0.04% and was between 608.00 USD and 619.14 USD. This implies that the price is at +0.19% from its lowest and at -1.61% from its highest.

608.00

619.14

609.16

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of INTUIT INC. in 1H 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 trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour

The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	583.33	602.64	607.46	609.16	614.08	631.11	635.96
Change (%)	-4.24%	-1.07%	-0.28%	-	+0.81%	+3.60%	+4.40%
Change	-25.83	-6.52	-1.70	-	+4.92	+21.95	+26.80
Level	Minor	Major	Minor	-	Major	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	594.60	601.03	605.21	611.64	615.82	622.25	626.43
Camarilla	606.47	607.45	608.42	609.39	610.36	611.34	612.31
Woodie	593.48	600.47	604.09	611.08	614.70	621.69	625.31
Fibonacci	601.03	605.08	607.59	611.64	615.69	618.20	622.25

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	580.83	590.27	603.47	612.91	626.11	635.55	648.75
Camarilla	610.45	612.53	614.61	616.68	618.76	620.83	622.91
Woodie	582.72	591.21	605.36	613.85	628.00	636.49	650.64
Fibonacci	590.27	598.92	604.26	612.91	621.56	626.90	635.55

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	551.59	581.19	600.59	630.19	649.59	679.19	698.59
Camarilla	606.53	611.02	615.51	620.00	624.49	628.98	633.48
Woodie	546.50	578.64	595.50	627.64	644.50	676.64	693.50
Fibonacci	581.19	599.91	611.47	630.19	648.91	660.47	679.19

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):	42.15
MACD (12,26,9):	-1.7600
Directional Movement:	-2.33
AROON (14):	-50.00
DEMA (21):	611.70
Parabolic SAR (0,02-0,02-0,2):	619.14
Elder Ray (13):	-2.41
Super Trend (3,10):	620.73
Zig ZAG (10):	609.57
VORTEX (21):	0.9100
Stochastique (14,3,5):	15.93
TEMA (21):	609.65
Williams %R (14):	-87.36
Chande Momentum Oscillator (20):	-10.30
Repulse (5,40,3):	-1.8500
ROCnROLL:	2
TRIX (15,9):	-0.0300
Courbe Coppock:	2.40

MA7:	615.75
MA20:	618.88
MA50:	629.72
MA100:	624.59
MAexp7:	611.14
MAexp20:	613.61
MAexp50:	614.74
MAexp100:	616.79
Price / MA7:	-1.07%
Price / MA20:	-1.57%
Price / MA50:	-3.26%
Price / MA100:	-2.47%
Price / MAexp7:	-0.32%
Price / MAexp20:	-0.73%
Price / MAexp50:	-0.91%
Price / MAexp100:	-1.24%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on INTUIT INC. at the time of the generation of this analysis was as follows:

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

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