INTEL CORP. Technical Analysis: Weekly Chart

In the weekly charts, INTEL CORP. is trading in a down channel. INTEL CORP. is currently trading below all SMA.

RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 43.40 & the resistance level is at 47.12.

INTEL CORP. will trade in the down channel until there is trend reversal.

INTEL CORP. Technical Analysis: Daily Chart

In the daily charts, INTEL CORP. is trading in a down channel. INTEL CORP. is currently trading below all SMA.

RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 43.44 & the resistance level is at 45.70.

INTEL CORP. will trade in the down channel until there is trend reversal.   

How to Trade INTEL CORP. this Week:

INTEL CORP. will follow the downtrend until their trend reversal. So, remain bearish on INTEL CORP..

TRADE SUGGESTION- SELL AT 45.03, TAKE PROFIT AT 43.44 AND STOP LOSS AT 45.70