Is Intel Corporation (INTC) Stock About to Get Hot Wednesday?

Overall market sentiment has been high on Intel Corporation (INTC) stock lately. INTC receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Intel Corporation has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on INTC!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With INTC Stock Today?

Intel Corporation (INTC) stock has risen 6.39% while the S&P 500 is down -0.55% as of 1:48 PM on Wednesday, May 31. INTC has risen $1.92 from the previous closing price of $29.99 on volume of 69,928,564 shares. Over the past year the S&P 500 is up 1.22% while INTC is down -28.16%. INTC lost -$0.69 per share in the over the last 12 months.

More About Intel Corporation

Intel is the world's largest logic chipmaker. It designs and manufactures microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors. It was the prime proponent of Moore's law for advances in semiconductor manufacturing, though the firm has recently faced manufacturing delays. While Intel's server processor business has benefited from the shift to the cloud, the firm has also been expanding into new adjacencies as the personal computer market has stagnated. These include areas such as the Internet of Things, artificial intelligence, and automotive. Intel has been active on the merger and acquisitions front, acquiring Altera, Mobileye, and Habana Labs in order to bolster these efforts in non-PC arenas. Click Here to get the full Stock Report for Intel Corporation stock.