• Return to Headlines

Intuit Inc Bearish Moving Average Crossover Alert (INTU)

By David Diaz

Intuit Inc (NASDAQ:INTU) crossed under its 10-day moving average of $267.66 on a volume of 116K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Intuit Inc share prices have been bracketed by a low of $166.52 and a high of $295.77 and are now at $266.56, 60% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Intuit Inc and will alert subscribers who have INTU in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses intuit inc

Ticker(s): INTU