Buy Intel Corporation | NASDAQ – INTC | Short Term Trading Advice | Technology Sector | 09th Jul 2024 | Expected Gain 7% – 9%

Stock Market
NASDAQ, United States of America

Target hit. Trade closed.

NASDAQ INTC

9 Jul 2024
17 Jul 2024
17 Jul 2024
5 days
Loss per
100,000 USD
Stop-loss
32.5
Buy Advice
9 Jul 2024
33 - 34
Target 1
17 Jul 2024
36.5
Target 2
17 Jul 2024
37
Profit per
100,000 USD
5 days
11,111
32.5
33 - 34
36.5
37
11,111
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Intel Corporation
  • 33 – 34
  • 36.5 – 37
  • Below 32.5
  • 7% - 9%
  • 10 - 12 Days
  • Buy Intel Corporation
  • Buy
    Range
    33 – 34
  • Target 36.5 – 37
  • Stoploss Below 32.5
  • Upside
    Potential
    7% - 9%
  • Trade
    Duration
    10 - 12 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Intel Corporation (NASDAQ: INTC) - Stock Overview

  • NASDAQ code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • INTC
  • Intel Corporation
  • Technology
  • 51.28
  • 29.73
  • NASDAQ code INTC
  • Stock Name Intel Corporation
  • Sector Technology
  • 52 Weeks High 51.28
  • 52 Weeks Low 29.73
  • Company profile

    Intel Corporation is a global leader in computing and related products and services, operating through various segments including Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services. The company offers a range of products including central processing units, chipsets, processors, hardware products, and semiconductor products. It also provides silicon devices, software, and optimization solutions for workloads. Intel also develops and deploys advanced driver assistance systems, autonomous driving technologies, and intelligent edge platforms for digital transformation. The company serves various manufacturers and service providers. Intel Corporation was incorporated in 1968 and is headquartered in Santa Clara, California.

  • Intel Corporation (NASDAQ: INTC) vs NASDAQ - Relative Strength Comparison

    The image highlights Intel Corporation's performance over the last year versus NASDAQ.
    Relative Performance - Last 1 Year
    INTC —   NASDAQ —

  • Intel Corporation (NASDAQ: INTC) - Technical Analysis (Daily)

    Intel Corporation - Technical Analysis chart on Daily Price and Volume
    Intel Corporation - Technical Analysis chart on Daily Price and Volume

    • After a significant drop, the price began to stabilize and gradually rise.
    • The price faced multiple rejections around the 50 level and dropped sharply.
    • Eventually, the price established a base near the 30 level and began to consolidate above this level for a period of time.
    • With a recent increase in trading volume, the price is attempting to move higher.
  • Intel Corporation (NASDAQ: INTC) - RSI Indicator

    Intel Corporation stock analysis based on RSI Indicator
    Intel Corporation - RSI Indicator

    • Current RSI of this stock is 72.52, which indicates the strength of buyers.

  • Intel Corporation (NASDAQ: INTC) - ADX & DI Indicator

    Intel Corporation stock analysis based on ADX & DI indicator
    Intel Corporation - ADX & DI Indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Intel Corporation (NASDAQ: INTC) - MACD Indicator

    Intel Corporation stock analysis based on MACD indicator
    Intel Corporation - MACD Indicator

    • MACD line has crossed the signal line from the below, generates bullish signal.

  • Conclusion - Intel Corporation (NASDAQ: INTC) Stock Price Forcast

    Based on our short term swing trade stocks in USA, Intel Corporation stock price target will be USD 36.5 - USD 37 in the next 10-12 trading sessions.

  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments

    Join Our Telegram Channel for US Stock Market Update

    USA Stock Analysis

    The stock trading advice is prepared by the Naranj Capital team under the guidance of Arijit Banerjee, CMT, CFTe.
    Maximize your return with our precise trading advice on the USA stock exchange! We recommend an technology stock poised for
    Get expert short-term trading advice for the USA stock exchange. This energy stock is projected to deliver 5%-6% returns in
    Short Term Trading Alert: This Consumer Discretionary stock has the upside potential of 5-6% in 14-15 trading days. Swing Trading
    Short Term Trading Advice: Qualcomm Inc (NASDAQ - QCOM) has the upside potential of 5-6% in 14-15 trading days

    Join Our Telegram Channel for Saudi Stock Market Update

    Saudi Stock Analysis

    Maximize your return with our precise trading advice on Saudi stock exchange Tadawul! We recommend buying Arabian Pipes (Tadawul 2200)
    Short Term Trading Alert: This Saudi health care equipment stock has the upside potential of 8-10% in 12-14 trading days.
    Get expert short-term trading advice for the Saudi stock exchange Tadawul. Buy Etihad Atheeb Telecom (Tadawul 7040) for 13%-16% returns
    Short term trading advice for Shariah compliant Tadawul stocks. Buy Riyadh Cables Group (Tadawul 4142) with potential for 15-17% returns
    Maximize your trading returns in Saudi stock exchange Tadawul! Discover a shariah halal materials sector stock having 7-9% gains in
    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website