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Bullish Moving Average Cross by Intel (INTC)

By Amy Schwartz

Today, shares of Intel (NASDAQ:INTC) have crossed bullishly above their 10-day moving average of $36.24 on a volume of 3.4 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Intel share prices have moved between a 52-week high of $38.45 and a 52-week low of $21.89 and are now trading 67% above that low price at $36.55 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.

SmarTrend is tracking the current trend status for Intel and will alert subscribers who have INTC in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Intel

Ticker(s): INTC