Stocks TradingCharts.com

stocks prices, charts & quotes

Free Stock Prices, Charts & Stock Price Quotes

Search
Symbol Search Browse Symbols My Charts Menu
QUICK QUOTE
QUICK CHART
F.A.Questions Suggestion Box Advertising Info Commodity Charts Forex Markets

Stocks & Financial News

Breaking financial news 24/7 courtesy of TradingCharts.com Inc. / TFC Commodity Charts

Look for Shares of Intel Corp to Potentially Pullback after Yesterday's 6.11% Rise

Mar 24, 2020 (SmarTrend(R) News Watch via COMTEX) --
Intel Corp (NASDAQ:INTC) traded in a range yesterday that spanned from a low of $51.96 to a high of $54.64. Yesterday, the shares gained 6.1%, which took the trading range above the 3-day high of $50.49 on volume of 16.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, shares of Intel Corp have traded between a low of $42.86 and a high of $69.29 and are now at $52.61, which is 23% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Intel Corp on February 26th, 2020 by issuing a Downtrend alert when the shares were trading at $60.05. Since that call, shares of Intel Corp have fallen 17.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Write to SmarTrend at cs@mysmartrend.com

---------------------------------------------------------------------------------------------

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.