Intuit Inc. — declining momentum, confirmation points to exit

Intuit Inc. is at week 10 of a sell signal: the trade has returned 23.92% from entry, but the pace of decline eased sharply in the latest week. The weekly drop stepped down from -10.5% to -6.7% to -3.5% over the last 3 weeks, with sellers still prevailing but losing dominance. The confirmation week closed bullish, and the model points to reviewing an exit from the short position.