Intuit, week 13 of a sell signal
Intuit: the decline slows after the double bottom in the 256 area
Intuit, week 13 of a sell signal
In Summary
Intuit is in week 13 of a sell signal, and this week gained 2.8% following the double bottom in the 256 area, with an intermediate rebound of 10%. The technical picture is turning more nuanced: buying volume is back up to 88%, and the MACD histogram has narrowed to −3.9 from −6.13 two weeks ago.
IQS Phase
66
in tension
Signal Strength
2
decline losing steam
Sizing
MINIMUM
Ranking
#74 / 137
US stocks
Trade P&L %
+21.54%
from signal to today
restricted Platinum content