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Intuit down 21% since signal: decline accelerates, but confirmation calls for caution

Intuit is in week 9 of a sell signal with a 21% gain on the trade. The recent decline has been among the sharpest: RSI below 30, strong distribution, MACD in steady deterioration. The confirmation week, however, closed bullish.

Intuit down 21% since signal: decline accelerates, but confirmation calls for caution
Intuit · Week 9 · sell signal under management
Intuit down 21% since signal: decline accelerates, but confirmation calls for caution
June 12, 2026
Intuit · Week 9 · sell signal under management
In Summary
Intuit is in week 9 of a sell signal, with a 21% gain on the short trade. The past 4 weeks show a progressive and aggressive decline: RSI below 30, sellers dominant, strong distribution phase. The current week closed bullish, however, and the confirmation week signals that exiting the short position should be considered.
Ongoing decline ·9th week from start ·US stocks ·T2 ★ See Gold version →
IQS Phase
74
in tension
Signal Strength
82
sharp weekly drop · exhaustion risk
Sizing
STANDARD
Ranking
#21 / 114
US stocks
Trade P&L %
+21.15%
from signal to today
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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