Intel's (INTC) stock price has been put to the test this summer alongside a wider sell-off in chip names.
But with the stock beginning to build a new base on the charts, Intel could be one to watch for traders looking for a bullish play.
Here's your Yahoo Finance AlphaSpace stat to know.
This is the 50-day moving average on Intel, which is ideally the next key test for the stock after it closed above the 100-day moving average on Aug. 4. That marked Intel's first close above the 100-day moving average since July 24.
Intel's record high came on June 22 at $140.94. The stock currently trades at $99.56.
#above #july
But with the stock beginning to build a new base on the charts, Intel could be one to watch for traders looking for a bullish play.
Here's your Yahoo Finance AlphaSpace stat to know.
This is the 50-day moving average on Intel, which is ideally the next key test for the stock after it closed above the 100-day moving average on Aug. 4. That marked Intel's first close above the 100-day moving average since July 24.
Intel's record high came on June 22 at $140.94. The stock currently trades at $99.56.
#above #july
3 months ago
