INTC
, On the most recent trading day, Friday, July 14, 2023, the stock price of Intel experienced a decline of -2.13%, dropping from $33.87 to $33.15. Throughout the day, the stock exhibited a fluctuation of 2.64%, reaching a low of $33.00 and a high of $33.87. Over the specified period, the stock price has displayed fluctuations, resulting in a 0.73% gain over the past two weeks. Notably, the volume decreased in tandem with the stock, which is generally considered a positive sign as volume should align with the stock's movement. Specifically, on the last day, the trading volume witnessed a decrease of -242 thousand shares. In total, approximately 30 million shares were bought and sold, with a total value of approximately $987.65 million.
The stock is currently positioned within the center of a substantial and robust upward trend in the short term, indicating a potential for further growth within this trend. Considering the prevailing short-term trajectory, it is anticipated that the stock will experience a 13.10% increase over the next three months. Moreover, there is a 90% probability that the stock will maintain a price range between $33.66 and $42.59 at the conclusion of this three-month period.