14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of INTC
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Intel stock upgraded to Buy Candidate.
(Updated on Mar 04, 2024)

Buy or Hold candidate since Feb 29, 2024 Gain 5.95% PDF
The Intel stock price gained 4.08% on the last trading day (Monday, 4th Mar 2024), rising from $43.82 to $45.61. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 6.29% from a day low at $43.85 to a day high of $46.61. The price has risen in 5 of the last 10 days and is up by 4.83% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 18 million more shares were traded than the day before. In total, 59 million shares were bought and sold for approximately $2.71 billion.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -6.08% during the next 3 months and, with a 90% probability hold a price between $39.29 and $45.47 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

INTC Signals & Forecast

Mostly positive signals in the chart today. The Intel stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $43.31 and $44.50. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, February 28, 2024, and so far it has risen 8.62%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Intel stock

Intel finds support from accumulated volume at $45.18 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $2.76 between high and low, or 6.29%. For the last week the stock has had daily average volatility of 2.77%.

Our recommended stop-loss: $43.86 (-3.84%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 3 days ago.)

Trading Expectations (INTC) For The Upcoming Trading Day Of Tuesday 5th

For the upcoming trading day on Tuesday, 5th we expect Intel Corporation to open at $45.36, and during the day (based on 14 day Average True Range), to move between $44.24 and $46.98, which gives a possible trading interval of +/-$1.37 (+/-3.01%) up or down from last closing price. If Intel Corporation takes out the full calculated possible swing range there will be an estimated 6.02% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $45.18 (0.94%) than the resistance at $46.16 (1.21%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Intel Corporation stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 3.400 Buy Candidate Upgraded

Predicted Opening Price for Intel Corporation of Tuesday, March 5, 2024

Fair opening price March 5, 2024 Current price
$45.36 ( 0.555%) $45.61

The predicted opening price is based on yesterday's movements between high, low, and closing price.

News Digest

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 48.12 5.50 %
R2 47.06 3.18 %
R1 46.41 1.76 %
Current price: 45.61
Support S1 44.30 -2.87 %
S2 43.65 -4.30 %
S3 42.60 -6.61 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 50.50 10.72 %
R2 49.55 8.64 %
R1 46.16 1.21 %
Current price 45.61
Support S1 45.18 -0.94%
S2 43.65 -4.30%
S3 42.98 -5.77%

FAQ

What is the symbol for Intel Stock and on which exchange is it traded?
The symbol for Intel is INTC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Intel Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Intel Stock?
Intel Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Intel Stock.

What's the current price of Intel Stock?
As of the end of day on the 2024-03-04, the price of an Intel (INTC) share was $45.61.

What is the 52-week high and low for Intel Stock?
The 52-week high for Intel Stock is $51.28 and the 52-week low is $25.45.

What is the market capitalization of Intel Stock?
As of the 2024-03-04, the market capitalization of Intel is 185.271B.

When is the next earnings date for Intel?
The upcoming earnings date for Intel is Apr 25, 2024.

Click to get the best stock tips daily for free!

About Intel Corporation

Intel Intel Corporation engages in the design, manufacture, and sale of computer products and technologies worldwide. The company operates through CCG, DCG, IOTG, Mobileye, NSG, PSG, and All Other segments. It offers platform products, such as central processing units and chipsets, and system-on-chip and multichip packages; and non-platform or adjacent products, including accelerators, boards and systems, connectivity products, graphics, and memory and... INTC Profile

INTC Dividend Data

1.27%

Dividend Yield (TTM)
Payout Ratio (TTM) 0
Frequency Quarterly
Amount Per Share $0.125
View Details

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT