Is Intuit Inc. (INTU) Stock About to Get Hot Tuesday?

Overall market sentiment has been high on Intuit Inc. (INTU) stock lately. INTU receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Intuit Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on INTU!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With INTU Stock Today?

Intuit Inc. (INTU) stock is trading at $665.24 as of 11:22 AM on Tuesday, Nov 30, a loss of -$29.42, or -4.24% from the previous closing price of $694.66. The stock has traded between $661.74 and $681.57 so far today. Volume today is 1,179,220 compared to average volume of 1,359,695. To screen for more stocks like Intuit Inc. click here.

More About Intuit Inc.

Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of U.S. market share for small-business accounting and DIY tax-filing software. Click Here to get the full Stock Report for Intuit Inc. stock.