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


INTU closes below its opening price unable to hold early session gains
INTU closes within previous day's range


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):

Daily technical analysis candlestick chart for Intuit Inc. (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

Loading Market Conditions for INTU (Intuit Inc.)...
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