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Intel Provides An Opportunity To Make Some Bucks

Apr. 01, 2018 4:39 AM ETIntel Corporation (INTC)60 Comments


  • Intel's share price is set to rise this year on the back of strong fundamental cues and positive chart signage.
  • The firm's share price has taken support from the 100% Fibonacci level.
  • The fourth-quarter earnings report of the firm has beaten analysts estimates in all aspects.
  • The acquisition of Mobileye has provided the firm with a fresh market line that promises a great future market share and profit level.

Intel (NASDAQ: NASDAQ:INTC) is one stock that I am certain shall have an impressive growth trajectory this year as the equity’s future price outlook is positive in both the short and long term.

Thus to discuss this further, I shall break down the equity’s future share price analysis into two major aspects. On one front, we shall solely utilise technical analysis to predict the price movements that investors can expect during the near future. Whilst in the next section, we shall utilise fundamental analysis to discuss the firm's earnings and the fundamental reasons of buying the equity whilst also glancing at the future pressure points of the firm.

The analysis has been broken down into this formation as in my last article, I received several requests from readers that valued the technical analysis point of view; but there were some readers who wanted to learn about the fundamental growth factors of the firm, thus I shall satiate both sides of the pond in this analytical article.

Equity Price History for the past six months:

Intel Corporation chartThe stock is part of a rare group of equities that didn’t tumble significantly in the past one month as we saw the stock stay largely remain above its 50-day MA whilst most equities fell right through it. Moreover, we see that the equity never broke below 100-day MA with its real body as it tested the 100-day MA twice but rose from it instantly and that too with huge bullish strength. Moreover, we see that the firm has been trading in identical swings from a while thus offering predictability in its equity prices.

Technical analysis:

Intel Daily ChartAs mentioned above, in this segment we shall solely rely on technicals as I believe this provides a superior outlook for the future. When I add the technical tools to the equity’s

This article was written by

I am a finance and investment professional whose prime focus is on the British, Indian and American financial markets. I specialise in technical analysis with my key area being Candlestick pattern analysis and Fibonacci analysis.  Academically, I posses two masters degrees one is a Masters of Science in Finance degree from the University of Portsmouth, United Kingdom and the other is a Masters of Commerce degree specialising in Accounting. My Bachelors degree is in Economics, Finance and Banking from the University of Portsmouth, United Kingdom.

Analyst’s Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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