Intel Stock Movement and Technical Indicators

Intel (NASDAQ: INTC) stock has shown an increase in value over the past few trading days, with a high of $23.86 and a current trading price of $23.81, up $0.35 (1.49%). This movement follows a better-than-expected sales forecast from Seagate (STX) and an analyst upgrade for Hewlett-Packard (HPQ). Technical indicators for Intel are neutral, and the stock has a neutral 3-star hold ranking from the S&P.

Key Takeaways:

• Intel stock opened at $23.50 and has a trading range of $23.42 to $23.86.
• The stock is currently trading at $23.81, up $0.35 (1.49%).
• Over the last 52 weeks, Intel stock has ranged from a low of $19.16 to a high of $25.50.
• A February out-of-the-money bull-put credit spread below the 20 range could be a potential hedged play for Intel.
• The stock received a neutral 3-star hold ranking from the S&P.
• Seagate's better-than-expected sales forecast and Hewlett-Packard's analyst upgrade contributed to an uptrend in tech stocks.

Statistics:

• Current trading price of Intel stock: $23.81
• High trading price: $23.86
• Low trading price: $23.42
• Open trading price: $23.50
• 52-week low: $19.16
• 52-week high: $25.50
• Uptrend indication: 10/28/2011 for HPQ @ $28.07
• S&P 3-star hold ranking: neutral

Sources:

• Intel stock price data: "Intel (NASDAQ: INTC)"
• Seagate sales forecast: "Seagate (STX)"
• Hewlett-Packard upgrade: "Hewlett-Packard (HPQ)"
• Comtex SmarTrend Alert: Comtex News Network, Inc.