Shares of INTC Up 18.4% Since Uptrend Call on Shares
SmarTrend identified an Uptrend for Intel (NASDAQ:INTC) on June 8th, 2016 at $31.90. In approximately 4 months, Intel has returned 18.36% as of today's recent price of $37.75.
In the past 52 weeks, Intel share prices have been bracketed by a low of $21.89 and a high of $38.36 and are now at $37.75, 72% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.
Intel Corporation designs, manufactures, and sells computer components and related products. The Company's major products include microprocessors, chipsets, embedded processors and microcontrollers, flash memory products, graphics products, network and communications products, systems management software, conferencing products, and digital imaging products.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Intel shares.
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Keywords: spotlights Intel