Want to know the current price of Intel, and what will happen to shares of INTC next? On this page we share the latest news about Intel and give tips on buying shares. You can also watch the latest Intel Stock Forecast for 2022 and 2023 from our experts.
Whether to buy or sell shares of Intel today? To what levels can the shares of this company rise in a year, two, three? How much will it cost Intel paper in 2021, 2022, 2023 years? We have been making currency rate forecasts for a long time, and we can also predict the behavior of the stock market using technical analysis and simple indicators.
We also take into account the technical, fundamental analysis of stocks, the news background, the general geopolitical situation in the world and other, smaller factors. The projections shares listed targets for INTC shares of the company, both lift and likely fall.
Intel Stock Forecast for 2022 and 2023
Intel quotes continue to move in the protracted sideways correction and formation model “triangle”. Moving averages indicate a short-term bearish trend for the shares of INTC. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of securities and a likely continuation of the fall in the near future. At the time of publication of Intel stock price forecast of 53.67 per share. In the forecast we can expect the fall and try to test support levels near 48.05 area. Further, the price bounces up and the continued rise in the value of securities. The potential target of such a movement in shares is the area above the level of 80.05 already in 2021, 2022, 2023.
An additional signal in favor of Intel means stock will perform the test the support line on the Relative Strength Indicator (RSI). The second signal will be a rebound from the lower border of the Triangle pattern. Cancellation option lifting quotation value of the shares of INTC will drop and the breakdown level of 42.55. This points to the breakdown of the lower boundary of the model, in this case can be considered a continuation of decrease in securities in the region at the level of 31.55. Expect confirmation lifting shares worth a breakdown resistance area and closing above the level of 65.05, which indicate a breakdown of the upper boundary of the model “triangle” and the beginning of working out of this pattern.
Intel Stock Forecast for 2022 and 2023 suggests an attempt to reduce the development and test of support area near the level of 48.05. Where should we expect a rebound and an attempt to continue the rise of shares in the area above the level of 80.05. In favor of the growth of securities, a test of the trend line on the relative strength index (RSI) will come out. Cancellation option will drop INTC rise and breakdown of the level 42.05. This will indicate breakdown bovine channel and the lower limit value continued to fall below the level of 31.55.
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