Intel rises in volatile session - Analysis - 25-03-2020

2020-03-25 10:58:08 GMT (Economies.com)
 

Intel's stock spiked 5.69% in the last session while trying to recoup past heavy losses, amid positive signals from the RSI, with the dominance of the downward short-term trend, coupled with negative pressure from the 50-day SMA. 

 

Therefore we expect the stock to return lower, targeting the support of 48.55. 

 

Expected trend for today: Bearish 

 
 
 
  Symbol Last Change Chg.%
1.0809
-0.0326
2.9264%
1.2267
-0.0188
1.5090%
Tadawul
6752.19
2.50
0.04%
14.417
-0.029
0.201%
28.815
6.987
32.012%
34.94
5.00
16.70%
1620.000
-0.150
0.009%
 
 
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