INTUIT INC. - Daily - Technical analysis published on 10/09/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 269.08 USD
My targets
260.54 USD (-0.17%)
250.83 USD (-3.89%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on INTUIT INC. as long as the price remains well below 269.08 USD. The sellers” bearish objective is set at 260.54 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 250.83 USD. In case of crossing, the next objective would be the support located at 231.32 USD.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
4.8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The INTUIT INC. price is 260.99 USD. The price registered a decrease of -2.16% on the session with the lowest point at 260.99 USD and the highest point at 266.20 USD. The deviation from the price is 0% for the low point and -1.96% for the high point.260.99
266.20
260.99
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this INTUIT INC. chart shows a bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 3 are neutral and 10 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 231.32 | 250.83 | 260.54 | 260.99 | 269.08 | 283.59 | 292.31 |
| Change (%) | -11.37% | -3.89% | -0.17% | - | +3.10% | +8.66% | +12.00% |
| Change | -29.67 | -10.16 | -0.45 | - | +8.09 | +22.60 | +31.32 |
| Level | Major | Minor | Major | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 261.28 | 262.80 | 264.51 | 266.03 | 267.74 | 269.27 | 270.98 |
| Camarilla | 265.33 | 265.63 | 265.92 | 266.22 | 266.52 | 266.81 | 267.11 |
| Woodie | 261.37 | 262.85 | 264.60 | 266.08 | 267.84 | 269.31 | 271.07 |
| Fibonacci | 262.80 | 264.03 | 264.80 | 266.03 | 267.27 | 268.03 | 269.27 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 245.55 | 250.22 | 258.38 | 263.06 | 271.22 | 275.89 | 284.05 |
| Camarilla | 263.02 | 264.20 | 265.37 | 266.55 | 267.72 | 268.90 | 270.08 |
| Woodie | 247.30 | 251.09 | 260.13 | 263.93 | 272.97 | 276.76 | 285.80 |
| Fibonacci | 250.22 | 255.12 | 258.15 | 263.06 | 267.96 | 270.99 | 275.89 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 217.67 | 238.20 | 251.80 | 272.33 | 285.93 | 306.46 | 320.06 |
| Camarilla | 256.01 | 259.14 | 262.27 | 265.40 | 268.53 | 271.66 | 274.79 |
| Woodie | 214.20 | 236.47 | 248.34 | 270.60 | 282.47 | 304.73 | 316.60 |
| Fibonacci | 238.20 | 251.24 | 259.30 | 272.33 | 285.37 | 293.43 | 306.46 |
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): | 40.59 | |
| MACD (12,26,9): | -3.0000 | |
| Directional Movement: | -16.33 | |
| AROON (14): | -64.28 | |
| DEMA (21): | 262.87 | |
| Parabolic SAR (0,02-0,02-0,2): | 255.14 | |
| Elder Ray (13): | -2.05 | |
| Super Trend (3,10): | 278.21 | |
| Zig ZAG (10): | 260.46 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 54.50 | |
| TEMA (21): | 261.16 | |
| Williams %R (14): | -68.11 | |
| Chande Momentum Oscillator (20): | -8.17 | |
| Repulse (5,40,3): | -0.7000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1600 | |
| Courbe Coppock: | 3.22 |
| MA7: | 263.54 | |
| MA20: | 265.62 | |
| MA50: | 272.29 | |
| MA100: | 267.46 | |
| MAexp7: | 263.78 | |
| MAexp20: | 266.75 | |
| MAexp50: | 269.45 | |
| MAexp100: | 265.91 | |
| Price / MA7: | -0.97% | |
| Price / MA20: | -1.74% | |
| Price / MA50: | -4.15% | |
| Price / MA100: | -2.42% | |
| Price / MAexp7: | -1.06% | |
| Price / MAexp20: | -2.16% | |
| Price / MAexp50: | -3.14% | |
| Price / MAexp100: | -1.85% |
News
Don"t forget to follow the news on INTUIT INC.. At the time of publication of this analysis, the latest news was as follows:
- Intuit QuickBooks and Visa Enable Real-Time Access to Funds Anytime, Anywhere for Small Businesses
- Intuit ProConnect Group Introduces Cloud Hosting for ProSeries and Lacerte
- Intuit Hosts Investor Day: Reaffirms First-quarter and Fiscal 2020 Guidance
- Intuit Hosts Annual Investor Day on October 3, 2019
- Intuit Launches Prosperity Hub Program to Bring 3,000+ Jobs to Communities in Need
This member declared not having a position on this financial instrument or a related financial instrument.
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