Intel Breaks Above 200-Day Moving Average

In trading on Wednesday, shares of Intel crossed above their 200 day moving average of $30.61, changing hands as high as $31.89 per share. Intel shares are currently trading up about 7.6% on the day.

Start slideshow: 10 Stocks Crossing Above Their 200 Day Moving Average »

The chart below shows the one year performance of INTC shares, versus its 200 day moving average

Looking at the chart above, INTC’s low point in its 52 week range is $24.59 per share, with $52.51 as the 52 week high point — that compares with a last trade of $31.52. The INTC DMA information above was sourced from TechnicalAnalysisChannel.com

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Source: https://www.forbes.com/sites/dividendchannel/2023/03/29/intel-breaks-above-200-day-moving-average/