Peter Smith
Intel has been quietly building momentum lately, and traders are starting to take notice. After months of choppy trading, the chip giant seems to be finding its footing around key technical levels. With renewed investor interest in the company's AI strategy and turnaround efforts, INTC is showing some promising signs that could signal more upside ahead.
Intel (INTC) Price Action: Support From Moving Averages
Intel wrapped up Friday's trading at $24.49, down just 0.49% for the day. The stock bounced around between $24.17 and $24.71, with a decent 55.7 million shares changing hands.
What's got market analyst @StockTickerZone interested is how Intel keeps staying above both its 50-day moving average at $22.86 and the longer-term 200-day average at $21.70. This kind of technical strength usually means investors are feeling more confident about the stock's direction, and it gives INTC a much more solid base than we've seen in recent months.
The numbers are looking pretty good for Intel right now. The RSI sits at 57.73, which puts the stock in that sweet spot where it's showing strength but isn't overdone yet. There's still room for more upside before things get too heated.
The MACD is also playing along nicely, staying in positive territory with the main line sitting above the signal line. This kind of setup usually means the bulls are getting stronger, and it could help push Intel toward even higher prices as we move through September.
Why Intel (INTC) Is Back in Focus
Social media buzz around Intel has been picking up steam, with investors getting excited about the company's comeback story and its big push into AI chips. One post that's been making the rounds puts it simply:
"$INTC Why Is Intel Stock Skyrocketing This Month? - Nasdaq #stocks #news"
This kind of chatter shows that people are starting to believe Intel can fight back against rivals like AMD and Nvidia. The company's massive investments in foundry services and cutting-edge chip designs are finally getting some recognition from the investment community.
If this momentum keeps up, Intel could be eyeing those resistance levels around $26–$27 that we saw earlier in 2025. Breaking through that zone would really confirm that the bulls are in charge and could open the door to even bigger gains.
But let's keep it real - Intel needs to hold support between $23.00 and $23.50. If it slips below that area, we might see a test of that 50-day moving average at $22.86. Still, as long as INTC stays above that 200-day average at $21.70, the bigger picture looks pretty solid.
Peter Smith
