Intuit is neutral

Our pivot point is at 600.

Our preference

Look for a drop towards 600 before a bounce.

Alternative scenario

Below 600, expect 572 and 556.

Comment

The RSI is above its neutrality area at 50. The MACD is negative and below its signal line. The penetration of 50 on the RSI would call for further downside. Moreover, the stock is trading under its 20 day moving average (634.0545) but above its 50 day moving average (622.1566).

Supports and resistances

719 **

702 *

686 **

668

630.2 (USD-last)

611

600 **

572 *

556 **

Number of asterisks represents the strength of support and resistance levels.