Intel Share Price | INTC Stock Price Today | Intel Stock Price History | IFCM Tanzania
IFC Markets Online CFD Broker

Intel Share Price

INTC Stock Price Today

  • 1m
  • 5m
  • 15m
  • 30m
  • 1h
  • 4h
  • 1d
  • 1w
  • 1m
  • 5m
  • 15m
  • 30m
  • 1h
  • 4h
  • 1d
  • 1w

Try Trading Simulator

0
Leverage 1:20
Margin 1000
Calculation base
Status: Closed Trading
Change:
Quotation in USD
Prev. closing
Open price
Today, max.
Today, min.

Technical Analysis

The technical analysis of the Intel stock price chart on 4-hour timeframe shows #S-INTC,H4 beached below the 200-period moving average MA(200) which is rising still. We believe the bearish momentum will continue after the price breaches below the lower boundary of Donchian channel at 22.58. A level below this can be used as an entry point for placing a pending order to sell. The stop loss can be placed above 23.59. After placing the order, the stop loss is to be moved every day to the next fractal high, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (23.59) without reaching the order (22.58), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Stocks -

Intel stock closed down on Thursday despite the chip maker reporting better than expected Q2 revenue. Will the Intel stock price continue declining?

Yesterday Intel reported Q2 revenue of $12.8 billion against an anticipated revenue of $11.8 billion. The chip maker had posted $12.8 billion in revenue in the same period last year. Intel said it took an $800 million non-cash impairment and accelerated depreciation charges related to "excess tools with no identified re-use" and roughly $200 million one-time period costs for Q2. The company said it will lay off 15% of its work force and expects to have approximately 75,000 employees by the end of the year. The chip maker revealed it has canceled planned projects in Germany and Poland and is slowing construction of its facility in Ohio. And while Intel offered an upbeat Q3 revenue forecast of between $12.6 billion and $13.6 billion, above Wall Street estimate of $12.6 billion, Intel stock closed down on the day as it gave back earlier gains of more than 2%. Despite better than expected second quarter Intel results and an upbeat guidance, continuing uncertainty about Intel’s turnaround remains a serious downside risk for Intel stock price.

IndicatorSignal
RSI Neutral
MACD Sell
Donchian Channel Sell
MA(200) Sell
Fractals Neutral
Parabolic SAR Sell
Learn more
Close support
Call to WhatsApp Call to telegram Call Back