Intel (INTC) chart analysis

Intermediate and near-term uptrend for Intel
Chart analysis for Intel showing the intermediate and near-term uptrend with the resistance zone.

Intel 6-Month Candlestick Chart

The major trend is down for Intel (ticker:INTC) but the intermediate and near-term trends are up. The company reports after the bell on Thursday and this could be the catalyst to break above the resistance zone. But January options expire on Friday and there is always a tendency for a stock to be pinned to the nearest option price which is $22.50.

Reference the website for Intel to review the fundamental data and latest earnings report.

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Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

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