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INTU

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FALLING KNIFE
Support
$315
Resistance
$350
INTU Intuit Inc. daily candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — falling knife as of May 22, 2026
INTU Daily chart 2026-05-22 20:38:10 UTC
AI-generated analysis — not financial advice. For educational purposes only.

INTU Daily Technical Analysis Summary

As of May 22, 2026, INTU (Intuit Inc.) is in a falling knife state on the daily chart, with a confidence level of 74%. Key support is at $315 and key resistance at $350. Price at $320.17 is breaking down to fresh lows on a big volume spike; still well below declining EMA50/EMA100 with RSI ~33 (weak momentum).

Price Scenarios & Targets

bearish

Bearish continuation: price retests/breaks the recent low zone, then attempts a weak bounce into declining short MAs (dead-cat bounce). Rough probability 60%.

Price Target
$260
Path to target
First move
$300
Pullback
$335
Final target
$260

bullish

Capitulation low + bounce: spike-volume washout holds, then mean-reversion rally toward EMA20/EMA50 area; needs follow-through to become a true bottoming attempt. Rough probability 40%.

Price Target
$405
Path to target
First move
$355
Pullback
$330
Final target
$405

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Daily close below $315 would confirm continuation of the falling-knife leg.

✗ Invalidation

Two daily closes back above $355 would invalidate falling-knife risk and shift toward a bottoming attempt.

Position Entry & Exit Levels

⊕ Add

Start $295 – $315
Add $270 – $295
Heavy $240 – $270

Entries staged around the current pivot-low/support shelf ($315) and Fibonacci-style deeper retracement zones if the impulse down extends; avoid sizing heavily until a HL or reclaim of EMA50 occurs.

⊖ Derisk

Trim 1 $405 – $450
Trim 2 $480 – $520
Close $560 – $620

Trim into mean-reversion rallies back to clustered MAs (EMA50/SMA50 region) and larger downtrend MAs (EMA100/EMA200/SMA200) where prior breakdown supply likely sits.

Frequently Asked Questions

What is the daily technical outlook for INTU today?

As of May 22, 2026, INTU (Intuit Inc.) is in a falling knife state on the daily chart with 74% confidence. Price at $320.17 is breaking down to fresh lows on a big volume spike; still well below declining EMA50/EMA100 with RSI ~33 (weak momentum).

What are the daily support and resistance levels for INTU?

On the daily timeframe, INTU has key support at $315 and key resistance at $350. The most likely scenario (bearish) targets $300 and $260, with a revert level at $335.

Is INTU in an uptrend or downtrend?

INTU (Intuit Inc.) is currently classified as falling knife on the daily chart, with 74% confidence. Confirmation requires: Daily close below $315 would confirm continuation of the falling-knife leg. This would be invalidated by: Two daily closes back above $355 would invalidate falling-knife risk and shift toward a bottoming attempt.

What are the price targets for INTU?

The most likely scenario (bearish) targets $300 and $260, with a revert level at $335. The alternative scenario (bullish) targets $355 and $405.

Other Timeframes for INTU
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