INTEL CORP.
INTEL CORP.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: INTC
ISIN:

INTEL CORP. - Daily - Technical analysis published on 06/21/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 33.69 USD
My targets
28.31 USD (-9.64%)
24.05 USD (-23.24%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 33.69 USD remains possible. It is advisable to trade INTEL CORP. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 33.69 USD. The next bearish objective for sellers is set at 28.31 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 24.05 USD. In case of crossing, the next objective would be the support located at 15.88 USD. PS: if there is a bullish break in the resistance located at 33.69 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
1.6

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The INTEL CORP. price is 31.33 USD. On the day, this instrument gained +2.32% and was traded between 30.67 USD and 31.34 USD over the period. The price is currently at +2.15% from its lowest and -0.03% from its highest.

30.67
31.34
31.33

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this INTEL CORP. chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Near resistance of channel

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 15.88 24.05 31.13 31.33 36.49 39.77 44.28
Change (%) -49.31% -23.24% -0.64% - +16.47% +26.94% +41.33%
Change -15.45 -7.28 -0.20 - +5.16 +8.44 +12.95
Level Minor Major Major - Minor Minor Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard29.6830.0730.3430.7331.0031.3931.66
Camarilla30.4430.5030.5630.6230.6830.7430.80
Woodie29.6330.0430.2930.7030.9531.3631.61
Fibonacci30.0730.3230.4830.7330.9831.1431.39


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard28.5629.3529.9030.6931.2432.0332.58
Camarilla30.0830.2030.3330.4530.5730.7030.82
Woodie28.4429.2929.7830.6331.1231.9732.46
Fibonacci29.3529.8630.1830.6931.2031.5232.03


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard26.8928.3129.5831.0032.2733.6934.96
Camarilla30.1130.3630.6030.8531.1031.3431.59
Woodie26.8228.2729.5130.9632.2033.6534.89
Fibonacci28.3129.3429.9731.0032.0332.6633.69

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 50.48
MACD (12,26,9): -0.3400
Directional Movement: 6.69
AROON (14): 57.14
DEMA (21): 30.28
Parabolic SAR (0,02-0,02-0,2): 31.61
Elder Ray (13): 0.20
Super Trend (3,10): 32.62
Zig ZAG (10): 31.26
VORTEX (21): 0.8900
Stochastique (14,3,5): 57.90
TEMA (21): 30.98
Williams %R (14): -15.26
Chande Momentum Oscillator (20): 1.23
Repulse (5,40,3): 1.8100
ROCnROLL: -1
TRIX (15,9): -0.2200
Courbe Coppock: 1.28
MA7: 30.74
MA20: 30.61
MA50: 31.76
MA100: 37.18
MAexp7: 30.83
MAexp20: 30.87
MAexp50: 32.66
MAexp100: 35.37
Price / MA7: +1.92%
Price / MA20: +2.35%
Price / MA50: -1.35%
Price / MA100: -15.73%
Price / MAexp7: +1.62%
Price / MAexp20: +1.49%
Price / MAexp50: -4.07%
Price / MAexp100: -11.42%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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