INTU closes below its opening price unable to hold early session gains
Intuit Inc. (INTU) Technical Analysis Report for Sep 14, 2018 | by Techniquant Editorial Team
Highlights
Overview
INTU finished the week 3.28% higher at 227.54 after edging lower $0.24 (-0.11%) today. Trading $1.13 higher after the open, the market was unable to hold its gains as the bears took control ending the day below its opening price. Closing within the prior day's range, prices failed to decisively move past the previous day's trading range.
Daily Candlestick Chart (INTU as at Sep 14, 2018):
Friday's trading range was $3.04 (1.33%), that's slightly below last trading month's daily average range of $3.72. Things look different on a weekly scale, where volatility is slightly above the markets average with the monthly volatility being way above average.
The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.
Market Conditions for INTU as at Sep 14, 2018
Get the stats behind the charts
Find out what happened when Intuit Inc. traded like this in the past. See the odds for each technical pattern with expected gain and loss.
Find out more