INTEL CORP. - Daily - Technical analysis published on 10/02/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
17%
39%
44%
My opinion
Bullish above 46.54 USD
My targets
50.12 USD (+0.95%)
52.92 USD (+6.59%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on INTEL CORP.. As long as you are above the support located at 46.54 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 50.12 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 52.92 USD as an objective. Crossing it would then enable buyers to target 54.64 USD. If the support 46.54 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
FORCE
0
10
1.8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
INTEL CORP. rating 49.65 USD. On the day, this instrument lost -2.19% and was traded between 49.63 USD and 50.37 USD over the period. The price is currently at +0.04% from its lowest and -1.43% from its highest.49.63
50.37
49.65
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
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 bullish. 67.86% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near resistance of channel
Type : Bearish
Timeframe : Daily
Resistance of triangle is broken
Type : Bullish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 42.42 | 44.94 | 46.54 | 49.65 | 50.12 | 52.92 | 54.64 |
| Change (%) | -14.56% | -9.49% | -6.26% | - | +0.95% | +6.59% | +10.05% |
| Change | -7.23 | -4.71 | -3.11 | - | +0.47 | +3.27 | +4.99 |
| Level | Major | Major | Intermediate | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.24 | 49.33 | 50.05 | 51.14 | 51.86 | 52.95 | 53.67 |
| Camarilla | 50.26 | 50.43 | 50.59 | 50.76 | 50.93 | 51.09 | 51.26 |
| Woodie | 48.05 | 49.24 | 49.86 | 51.05 | 51.67 | 52.86 | 53.48 |
| Fibonacci | 49.33 | 50.03 | 50.45 | 51.14 | 51.84 | 52.26 | 52.95 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 47.92 | 48.67 | 49.73 | 50.48 | 51.53 | 52.28 | 53.34 |
| Camarilla | 50.28 | 50.45 | 50.62 | 50.78 | 50.95 | 51.11 | 51.28 |
| Woodie | 48.07 | 48.75 | 49.88 | 50.55 | 51.68 | 52.36 | 53.49 |
| Fibonacci | 48.67 | 49.36 | 49.79 | 50.48 | 51.17 | 51.59 | 52.28 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 40.74 | 43.62 | 47.57 | 50.45 | 54.41 | 57.29 | 61.24 |
| Camarilla | 49.65 | 50.28 | 50.90 | 51.53 | 52.16 | 52.78 | 53.41 |
| Woodie | 41.28 | 43.89 | 48.11 | 50.72 | 54.95 | 57.56 | 61.78 |
| Fibonacci | 43.62 | 46.23 | 47.84 | 50.45 | 53.06 | 54.68 | 57.29 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 47.00 | |
| MACD (12,26,9): | 0.4700 | |
| Directional Movement: | 1.16 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 51.27 | |
| Parabolic SAR (0,02-0,02-0,2): | 52.24 | |
| Elder Ray (13): | -0.71 | |
| Super Trend (3,10): | 49.12 | |
| Zig ZAG (10): | 49.75 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 32.48 | |
| TEMA (21): | 51.22 | |
| Williams %R (14): | -91.62 | |
| Chande Momentum Oscillator (20): | -2.48 | |
| Repulse (5,40,3): | -3.0100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2300 | |
| Courbe Coppock: | 3.55 |
| MA7: | 50.65 | |
| MA20: | 51.32 | |
| MA50: | 49.21 | |
| MA100: | 48.01 | |
| MAexp7: | 50.67 | |
| MAexp20: | 50.53 | |
| MAexp50: | 49.64 | |
| MAexp100: | 49.30 | |
| Price / MA7: | -1.97% | |
| Price / MA20: | -3.25% | |
| Price / MA50: | +0.89% | |
| Price / MA100: | +3.42% | |
| Price / MAexp7: | -2.01% | |
| Price / MAexp20: | -1.74% | |
| Price / MAexp50: | +0.02% | |
| Price / MAexp100: | +0.71% |
News
The latest news and videos published on INTEL CORP. at the time of the analysis were as follows:
- Intel Appoints Sharon L. Heck as Corporate Treasurer
- Karen Walker Joins Intel as Senior Vice President and Chief Marketing Officer
-
Trump speaks after Acting Intel Chief Maguire testifies
-
Jim Jordan wants intel chief to answer for political vendetta against Trump
- Intel Accelerates Data-Centric Technology with Memory and Storage Innovation
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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