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INTU

weekly
Daily Weekly Monthly
FALLING KNIFE
Support
$310
Resistance
$400
INTU Intuit Inc. weekly candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — falling knife as of May 22, 2026
INTU Weekly chart 2026-05-22 20:38:10 UTC
AI-generated analysis — not financial advice. For educational purposes only.

INTU Weekly Technical Analysis Summary

As of May 22, 2026, INTU (Intuit Inc.) is in a falling knife state on the weekly chart, with a confidence level of 82%. Key support is at $310 and key resistance at $400. Sharp selloff from ~$680 area broke multiple MA supports; price now ~$320 with RSI(14) ~30 (oversold) and heavy volume, trend structure remains LH/LL.

Price Scenarios & Targets

bearish

Dead-cat bounce from the $310-$320 area, then rejection near broken support/fast MAs; price likely retests the lows before any durable base forms (prob ~60%).

Price Target
$240
Path to target
First move
$280
Pullback
$390
Final target
$240

bullish

Oversold capitulation marks a swing low; price consolidates and reclaims $400, then mean-reverts toward the next resistance cluster (prob ~40%).

Price Target
$500
Path to target
First move
$440
Pullback
$360
Final target
$500

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Weekly close below $310 confirms continued falling-knife continuation risk

✗ Invalidation

Weekly close back above $400 would be the first meaningful reclaim/structure shift attempt

Position Entry & Exit Levels

⊕ Add

Start $300 – $330
Add $270 – $295
Heavy $235 – $265

Staggered buys around current swing-low support (~$310) with adds on breakdown to next demand levels; heavy add aligns with deeper capitulation/likely Fib extension zone after a failed bounce.

⊖ Derisk

Trim 1 $520 – $560
Trim 2 $600 – $680
Close $740 – $800

Trim into mean-reversion back to major MA clusters (EMA200/SMA200 ~$551-$557) and prior breakdown supply ($600-$680); full close near prior cycle highs (~$780) where long-term stretch/exhaustion risk rises.

Frequently Asked Questions

What is the weekly technical outlook for INTU today?

As of May 22, 2026, INTU (Intuit Inc.) is in a falling knife state on the weekly chart with 82% confidence. Sharp selloff from ~$680 area broke multiple MA supports; price now ~$320 with RSI(14) ~30 (oversold) and heavy volume, trend structure remains LH/LL.

What are the weekly support and resistance levels for INTU?

On the weekly timeframe, INTU has key support at $310 and key resistance at $400. The most likely scenario (bearish) targets $280 and $240, with a revert level at $390.

Is INTU in an uptrend or downtrend?

INTU (Intuit Inc.) is currently classified as falling knife on the weekly chart, with 82% confidence. Confirmation requires: Weekly close below $310 confirms continued falling-knife continuation risk This would be invalidated by: Weekly close back above $400 would be the first meaningful reclaim/structure shift attempt

What are the price targets for INTU?

The most likely scenario (bearish) targets $280 and $240, with a revert level at $390. The alternative scenario (bullish) targets $440 and $500.

Other Timeframes for INTU
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