Intel Corporation Does it Again: Heads Down for the 3rd Straight Day

The Hourly View for Intel Corporation

  • At the time of this writing, INTC’s price is up $0.13 (0.25%) from the hour prior.
  • This move is a reversal from the hour prior, which saw price move down.
  • If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe.
  • The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Intel Corporation’s hourly price chart is shown below.

INTC

The Daily View for Intel Corporation

  • At the time of this writing, INTC’s price is down $-0.46 (-0.86%) from the day prior.
  • The daily chart shows that Intel Corporation has seen 3 straight down days.
  • As for the trend on the daily timeframe, we see the clearest trend on the 100 day timeframe.
  • The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Below is a daily price chart of Intel Corporation.

INTC

Featured Intel Corporation Idea From TradingView

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