Fresh Sell signal on Intel, 10th of 140
Intel drops 13.5% as a fresh Sell signal opens at maximum strength
Fresh Sell signal on Intel, 10th of 140
Our view last week
Intel has closed its third straight down week, shedding 8.7%: the rally is losing steam faster than it looked a week ago. Money flow turned negative for the first time in a month and momentum has caved in, while the price stays boxed between the 50-day average, in the 111 area, and the pivot average, in the 109 area. The trade's gain has slipped to 141% since entry, down from 164% last week.
This week's summary
Intel shares slide 13.5% in a single week, and our model opens a fresh Sell signal, straight into 10th place among the 140 US stock sell signals. Signal strength maxes out at 100 out of 100, reading "downtrend making lower lows, pace holding" - a healthy decline still running. The daily chart, though, shows a double bottom in the 97 area with a 49% intermediate rebound, and earnings land this very week: Intel technical analysis worth watching closely.
IQS Phase
49
ordinary
Signal Strength
100
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#10 / 140
New us stocks
Trade P&L %
+0.00%
from signal to today
restricted Platinum content