Intuit Inc Stock Technical Analysis

INTU Stock  USD 613.21  1.72  0.28%   
As of the 17th of April 2024, Intuit retains the Market Risk Adjusted Performance of 0.016, risk adjusted performance of 0.0141, and Downside Deviation of 1.64. Intuit technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Intuit Inc, which can be compared to its competitors. Please check out Intuit Inc information ratio and downside variance to decide if Intuit is priced fairly, providing market reflects its last-minute price of 613.21 per share. Given that Intuit Inc has jensen alpha of (0.07), we strongly advise you to confirm Intuit Inc's regular market performance to make sure the company can sustain itself at a future point.

Intuit Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Intuit, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Intuit
  
Intuit's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Intuit Analyst Consensus

Target PriceAdvice# of Analysts
533.67Strong Buy27Odds
Intuit Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Intuit analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Intuit stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Intuit Inc, talking to its executives and customers, or listening to Intuit conference calls.
Intuit Analyst Advice Details
Intuit technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Intuit technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Intuit trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Intuit Inc Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Intuit Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Intuit Inc Trend Analysis

Use this graph to draw trend lines for Intuit Inc. You can use it to identify possible trend reversals for Intuit as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Intuit price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Intuit Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Intuit Inc applied against its price change over selected period. The best fit line has a slop of   0.3  , which may suggest that Intuit Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3295.9, which is the sum of squared deviations for the predicted Intuit price change compared to its average price change.

About Intuit Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Intuit Inc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Intuit Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Intuit Inc price pattern first instead of the macroeconomic environment surrounding Intuit Inc. By analyzing Intuit's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Intuit's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Intuit specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0061640.0061830.007110.009128
Price To Sales Ratio9.8710.019.014.62

Intuit April 17, 2024 Technical Indicators

Most technical analysis of Intuit help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Intuit from various momentum indicators to cycle indicators. When you analyze Intuit charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Intuit April 17, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Intuit stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Intuit Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Intuit Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Intuit Inc Stock. Highlighted below are key reports to facilitate an investment decision about Intuit Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intuit Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for Intuit Stock analysis

When running Intuit's price analysis, check to measure Intuit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Intuit is operating at the current time. Most of Intuit's value examination focuses on studying past and present price action to predict the probability of Intuit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intuit's price. Additionally, you may evaluate how the addition of Intuit to your portfolios can decrease your overall portfolio volatility.
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Is Intuit's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Intuit. If investors know Intuit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Intuit listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.18)
Dividend Share
3.36
Earnings Share
9.78
Revenue Per Share
53.811
Quarterly Revenue Growth
0.41
The market value of Intuit Inc is measured differently than its book value, which is the value of Intuit that is recorded on the company's balance sheet. Investors also form their own opinion of Intuit's value that differs from its market value or its book value, called intrinsic value, which is Intuit's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Intuit's market value can be influenced by many factors that don't directly affect Intuit's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Intuit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intuit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intuit's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.