|
Semiconductors Industry Stocks Technical Analysis - INTCArchive - 12/13/2024 - Sign In to see current Signals. |
Intel Corp. (INTC) Technical Analysis
|
|
| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Intel Corp. (INTC). During the week, the INTC dropped -0.58 points, or -2.77%, and closed at 20.34 on Friday, December 13, 2024. Weekly volume was 14% above average. Long-term trend: [See INTC long-term trend chart] A long-term downtrend had started on December 27, 2023 at 51.28 and reached 18.51 on September 10, 2024. INTC lost 32.77 points, or 63.90%, in 36 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 9.60 and resistance is at 21.92. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend. Medium-term trend: [See INTC medium-term trend chart] A medium-term uptrend had started on September 10, 2024 at 18.51 and reached 26.43 on November 8, 2024. INTC gained -7.92 points, or -42.79%, in 8 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (23.22) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. INTC may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend. Weekly Technical Indicators: [See INTC weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is above its signal line since October 4, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help. Short-term trend: [See INTC short-term trend chart] A short-term downtrend had started on November 8, 2024 at 26.43 and reached 19.87 on December 11, 2024. INTC lost 6.56 points, or 24.82%, in 33 days. The price is now at the 7.16% retracement level. Daily Technical Indicators: [See INTC daily technical indicators chart] Daily Williams' Percentage Range is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Williams' Percentage Range or strongly oversold daily Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Use the following link to access Lane's Stochastic help. The daily MACD line is below its signal line since November 18, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|