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Intel Corp (INTC) Breaks Through Support at $63.70

Mar 30, 2021 (SmarTrend(R) News Watch via COMTEX) --
Shares of Intel Corp (NASDAQ:INTC) opened today below their pivot of $64.41 and have already reached the first level of support at $63.70. Should the shares continue to fall, the support pivots of $62.89 and $61.37 will be of interest.

Potential upside of 0.0% exists for Intel Corp, based on a current level of $0.00 and analysts' average consensus price target of $60.56. The stock should run into initial resistance at its 200-day moving average (MA) of $53.67 and subsequent resistance at its 50-day MA of $60.62.

Intel Corp share prices have moved between a 52-week high of $67.44 and the current low of $0.00 and are currently at $0.00 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Intel Corp and will alert subscribers who have INTC in their portfolio or watchlist when shares have changed trend direction.

Write to SmarTrend at cs@mysmartrend.com

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