INTEL CORP.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	INTC
ISIN:

INTEL CORP. - Daily - Technical analysis published on 10/08/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

56%

39%

My opinion

Bullish above 22.21 USD

My targets

23.91 USD (+2.75%)

25.91 USD (+11.35%)

My analysis

The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for INTEL CORP. as long as the price remains well above 22.21 USD. The buyers' bullish objective is set at 23.91 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 25.91 USD. If there is any crossing, the next objective would be the resistance located at 29.67 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 23.91 USD. On this resistance, against the trend traders who would like to go short on INTEL CORP. with a bearish signal from their trading strategy, should not hesitate to act.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

2.3

Comment on the analysis

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.

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Additional analysis

Quotes

The INTEL CORP. price is 23.27 USD. The price registered an increase of +3.98% on the session with the lowest point at 22.05 USD and the highest point at 23.30 USD. The deviation from the price is +5.53% for the low point and -0.13% for the high point.

22.05

23.30

23.27

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by INTEL CORP.:

Technical

Technical analysis of this Daily chart of INTEL CORP. indicates that the overall trend is slightly bearish. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of triangle

Type : Bearish

Timeframe : Daily

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7.60	15.78	18.92	23.27	23.91	29.67	34.66
Change (%)	-67.34%	-32.19%	-18.69%	-	+2.75%	+27.50%	+48.95%
Change	-15.67	-7.49	-4.35	-	+0.64	+6.40	+11.39
Level	Minor	Major	Major	-	Major	Intermediate	Intermediate

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
Standard	21.42	21.72	22.05	22.35	22.68	22.98	23.31
Camarilla	22.21	22.27	22.32	22.38	22.44	22.50	22.55
Woodie	21.44	21.73	22.07	22.36	22.70	22.99	23.33
Fibonacci	21.72	21.96	22.11	22.35	22.59	22.74	22.98

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	19.21	20.43	21.51	22.73	23.81	25.03	26.11
Camarilla	21.96	22.17	22.38	22.59	22.80	23.01	23.22
Woodie	19.14	20.40	21.44	22.70	23.74	25.00	26.04
Fibonacci	20.43	21.31	21.85	22.73	23.61	24.15	25.03

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.61	16.06	19.76	22.21	25.91	28.36	32.06
Camarilla	21.77	22.33	22.90	23.46	24.02	24.59	25.15
Woodie	14.24	16.37	20.39	22.52	26.54	28.67	32.69
Fibonacci	16.06	18.41	19.86	22.21	24.56	26.01	28.36

Numerical data

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

Technical indicators

Moving averages

RSI (14):	57.35
MACD (12,26,9):	0.3500
Directional Movement:	5.20
AROON (14):	35.71
DEMA (21):	22.58
Parabolic SAR (0,02-0,02-0,2):	24.48
Elder Ray (13):	0.13
Super Trend (3,10):	20.77
Zig ZAG (10):	23.22
VORTEX (21):	1.0900
Stochastique (14,3,5):	55.57
TEMA (21):	23.56
Williams %R (14):	-32.39
Chande Momentum Oscillator (20):	1.42
Repulse (5,40,3):	5.3000
ROCnROLL:	-1
TRIX (15,9):	0.2100
Courbe Coppock:	21.32

MA7:	22.72
MA20:	22.02
MA50:	21.48
MA100:	26.48
MAexp7:	22.76
MAexp20:	22.24
MAexp50:	23.10
MAexp100:	26.12
Price / MA7:	+2.42%
Price / MA20:	+5.68%
Price / MA50:	+8.33%
Price / MA100:	-12.12%
Price / MAexp7:	+2.24%
Price / MAexp20:	+4.63%
Price / MAexp50:	+0.74%
Price / MAexp100:	-10.91%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on INTEL CORP.. At the time of publication of this analysis, the latest news was as follows:

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

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