Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Stocks

Intel’s Rising SCTR Score: Why You Should Add This Stock to Your Portfolio

by Invest Daily Pro
February 14, 2025
in Stocks
0
Intel’s Rising SCTR Score: Why You Should Add This Stock to Your Portfolio
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Intel’s stock price has struggled for most of 2024, even as most of its semiconductor cousins were thriving. Why pay attention to Intel Corp. (INTC) now?

The stock showed up on my StockCharts Technical Rank (SCTR) scan, which is a good enough reason to analyze the stock. The scan is provided at the end of the article.

Vice President JD Vance emphasized the increase in US AI systems manufacturing in the AI summit in Paris. Since Intel is the largest domestic AI chip producer, the stock price got a much-needed boost. gave INTC a boost.

Previously, INTC has been beaten down hard. Weak earnings didn’t help, and the stock has been acting like a sinking ship with no lifeboat since the second half of 2024 (see chart below). But things may be shifting as it looks like the lifeboat may have appeared, bringing the stock a little closer to the surface.

The daily chart of INTC stock below gives a good picture of the price action.

FIGURE 1. DAILY CHART OF INTEL STOCK. The stock has closed higher for four consecutive days. It’s now hitting its first resistance against the 200-day moving average. Look for a breakout off of this level.Chart source: StockCharts.com. For educational purposes.

Note the following points in the chart:

  • The stock price has risen for four consecutive days with increasing volume.
  • Thursday’s close is battling against its 200-day simple moving average (SMA) resistance.
  • The SCTR score has crossed above the 76 level, the first criterion of my scan.
  • Intel’s relative performance (price relative/relative strength) against the VanEck Semiconductor ETF (SMH) is now in positive territory (13.02%).
  • The moving average convergence/divergence (MACD) has crossed above its signal line and moved above zero.

With all the positive technicals, does it mean INTC stock is a buy at these levels? A break above the 200-day SMA would check one box. Beyond that, I would look at the November 2024 high (see weekly chart below).

FIGURE 2. WEEKLY CHART OF INTC STOCK. After a steep fall in mid-2024, Intel’s stock price is showing signs of recovery. A break above its early November high would be the first sign of a move higher.Chart source: StockCharts.com. For educational purposes.

A break above this high could mean that INTC could float toward its 52-week high. However, there are resistance hurdles to cross — the July 2024 high and January to March 2024 consolidation — before reaching the December 2023 high.

The bottom line: I’ll be monitoring Intel’s stock price closely. I’ve set an alert to notify me when the stock price crosses $26.25. If the indicators in the daily chart still indicate buying pressure is still strong and the trend is bullish, I’ll consider adding INTC to my portfolio.


SCTR Scan

[country is US] and [sma(20,volume) > 100000] and [[SCTR.us.etf x 76] or [SCTR.large x 76] or [SCTR.us.etf x 78] or [SCTR.large x 78] or [SCTR.us.etf x 80] or [SCTR.large x 80]]


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

ShareTweetPin

Related Posts

Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now
Stocks

Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

June 2, 2025
Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now
Stocks

Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

June 1, 2025
Week Ahead: NIFTY Stays In A Defined Range; Moving Past This Level Crucial For Resumption Of Upmove
Stocks

Week Ahead: NIFTY Stays In A Defined Range; Moving Past This Level Crucial For Resumption Of Upmove

June 1, 2025
Run Your Stock Portfolio Like a Pro Sports Team
Stocks

Run Your Stock Portfolio Like a Pro Sports Team

May 31, 2025
Leadership Rotation Could Confirm Corrective Phase
Stocks

Leadership Rotation Could Confirm Corrective Phase

May 31, 2025
Analyzing SIL, USO, and NVDA: Could These Bullish Patterns Trigger?
Stocks

Analyzing SIL, USO, and NVDA: Could These Bullish Patterns Trigger?

May 30, 2025
Next Post
Could Bitcoin Reach $200000? Market & Expert Insights

Could Bitcoin Reach $200000? Market & Expert Insights

Recommended

‘Honda Helps’ extends 30% discount on select parts for Carina-affected cars

‘Honda Helps’ extends 30% discount on select parts for Carina-affected cars

August 4, 2024
Improving the patient journey in the Philippines

Improving the patient journey in the Philippines

September 15, 2024

Starting an Online Casino Business: Key Considerations to Keep in Mind

September 19, 2024
RCBC boosts salary loan product

RCBC boosts salary loan product

September 23, 2024
Largest solar project eligible for green lane treatment — BoI

Largest solar project eligible for green lane treatment — BoI

August 13, 2024
SEC to follow phased timeline for sustainability reporting

SEC to follow phased timeline for sustainability reporting

January 5, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Terms & Conditions
    • Thank you

    Copyright © 2024 investdailypro.com | All Rights Reserved