• Return to Headlines

Intuit Inc Crosses Above its 10-day MA (INTU)

By Nick Russo

Today, shares of Intuit Inc (NASDAQ:INTU) have advanced above their 10-day MA of $272.09 on a volume of 180K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Intuit Inc share prices have moved between a 52-week high of $284.97 and a 52-week low of $166.52 and are now trading 64% above that low price at $272.45 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 0.9%.

SmarTrend is monitoring the recent change of momentum in Intuit Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Intuit Inc in search of a potential trend change.

Keywords: moving crosses intuit inc

Ticker(s): INTU