Intuit's most recent trend suggests a bullish bias. One trading opportunity on Intuit is a Bull Put Spread using a strike $77.50 short put and a strike $70.00 long put offers a potential 11.94% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $6.70 would be incurred if the stock dropped below the $70.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Intuit is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Intuit is bullish.
The RSI indicator is at 29.04 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Intuit
Tech workers ask appeals court to reject Apple, Google bid
Wed, 15 Oct 2014 06:47:48 GMT
Three-Time Grammy Award Winner Train Joins Intuit as Musical Headliner at QuickBooks Connect
Thu, 09 Oct 2014 12:30:00 GMT
Business Wire – Intuit today announced that Train will be the headlining musical act at the upcoming QuickBooks Connect event, taking place in San Jose, Calif., Oct. 21-23, 2014. The band will clo
No Health Insurance? You May Be Exempt from the Tax Penalty
Wed, 08 Oct 2014 12:00:00 GMT
Business Wire – The Affordable Care Act is designed to ensure everyone has health insurance and imposes tax penalties on those who don’t. But the law recognizes there are legitimate reasons people may be exempt from this rule.
Intuit’s three-year plan for cloud success
Tue, 07 Oct 2014 16:37:51 GMT
A Planning Tool to Help Start-Ups, Before They Start
Mon, 06 Oct 2014 18:55:06 GMT
New York Times – The program, which is free, takes entrepreneurs through a series of questions about their business.
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