Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Intel's stock (INTC) fell in the last session with negative pressure from the 50-day SMA, amid the dominance of the main downward trend in the short term, with negative signals from the RSI after reaching overbought levels.
Therefore we expect more losses for the stock, targeting the support of 24.35, provided the resistance of 30.00 holds on.
Expected trend for today: Bearish