INTC Technical Analysis | INTC Trading: 2022-11-17 | IFCM Iran
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INTC Technical Analysis - INTC Trading: 2022-11-17

Intel Technical Analysis Summary

Neutral
SellBuy
Strong SellStrong Buy

Below 29.27

Sell Stop

Above 31.31

Stop Loss

Ara Zohrabian
Ara Zohrabian
Senior Analyst
Articles2785
IndicatorSignal
RSI Neutral
MACD Sell
Donchian Channel Neutral
MA(200) Buy
Fractals Neutral
Parabolic SAR Sell

Intel Chart Analysis

Intel Chart Analysis

Intel Technical Analysis

The technical analysis of the Intel stock price chart on 4-hour timeframe shows #S-INTC,H4 is retracing down after breaching above Fibonacci resistance and is about to test the 200-period moving average MA(200) which is falling. We believe the bearish momentum will continue after the price breaches below the lower boundary of Donchian channel at 29.27. This level can be used as an entry point for placing a pending order to sell. The stop loss can be placed above the fractal high at 31.31. 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 (29.27) without reaching the order (31.31), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Stocks - Intel

Intel stock edged up after the court ruling against the chip maker in a patent infringement lawsuit. Will the Intel stock price continue advancing?

Two days ago a Texas federal court ruled Intel Corporation must pay VLSI Technology LLC $948.8 million for infringing a VLSI patent for computer chips. Intel said the company "strongly disagrees" with the verdict and plans to appeal. Intel stock closed up 1.2% on the day after the ruling. Last March VLSI won a nearly $2.2 billion verdict from Intel in a separate Texas trial over different chip patents. Intel has appealed the verdict. VLSI subsequently lost another related patent trial against Intel the following month. Two other patent cases brought by VLSI against Intel are still pending in Northern California and Delaware.

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This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.

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