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TMCNet:  Downtrend Call Working As Intel Stock Falls 18.2% (INTC)

[December 11, 2012]

Downtrend Call Working As Intel Stock Falls 18.2% (INTC)

Dec 11, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Intel (NASDAQ:INTC) on August 23rd, 2012 at $25.26. In approximately 4 months, Intel has returned 18.23% as of today's recent price of $20.65.

In the past 52 weeks, Intel share prices have been bracketed by a low of $19.16 and a high of $29.27 and are now at $20.65, 8% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 1%.

Intel Corporation designs, manufactures, and sells computer components and related products. The Company's major products include microprocessors, chipsets, embedded processors and microcontrollers, flash memory products, graphics products, network and communications products, systems management software, conferencing products, and digital imaging products.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Intel.

Log in and add Intel (INTC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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