Intel Technical Analysis (NASDAQ:INTC)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Intel stock price data and volume are plotted in INTC stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Intel. The technical analysis form of Intel stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Intel Moving Average
Moving averages show the INTC stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $54.97 is above the last closing price of $52.5 and the 50 day moving average of $53.96 is above the last closing price of $52.5. The 10 and 20 day periods can predict short term moving average trends.
Intel Bollinger Bands
Bollinger bands comprise of a center line usually INTC SMA, and two INTC stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the lower band in the context of Intel bollinger bands.
Intel Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Intel MACD indicator is below 0 indicating a bearish trend.
Intel Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . If the RSI of INTC stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.