Market update
What happened
Intel Corporation (INTC) was flagged in the active-mover screen with a 6.6% decline at 96.685 USD. The today intraday price path showed further weakness, falling from 96.60 to 93.01, a 3.7% move lower.
The setback complicates a short-term recovery that had left the stock up 7.8% over four weeks. Weekly market data still show a 102.50 USD latest close, a 0.8% one-week return and a -14.5% twelve-week return, while Market Dynamics at -0.77 points to pressure and Relative Strength stands at 47.3.