Large Inflow of Money Detected in Intel Corporation

Intel Corporation (INTC) : On Thursday, The money flowed into the Intel Corporation (INTC) stock with an uptick to downtick ratio was recorded at 1.34. Transactions worth $23.99 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $17.86 million. The total money flow into the stock was $6.13 million. The block trades reveal a bullish bias with an up-down ratio of 10.06. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $13.93 million of block transactions on upticks. The value of block trades on downticks was $1.38 million, indicating lower selling interest. The total money flow in block trades was $12.55 million. In terms of price action, Intel Corporation (INTC) traded down $0.02 during the session at $34.99. Compared to the previous days closing, the stock was down only by -0.06%. For the week, the stock is 2.91%, over previous weeks closing.


The stock has recorded a 20-day Moving Average of 7.82% and the 50-Day Moving Average is 11.48%. Shares have rallied 15.64% from its 1 Year high price. On Dec 29, 2015, the shares registered one year high at $35.59 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $32.03 and the 200 Day Moving Average price is recorded at $31.26.

Intel Corporation (NASDAQ:INTC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $35.13 and $34.96 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $35.30. The buying momentum continued till the end and the stock did not give up its gains. It closed at $35.20, notching a gain of 0.54% for the day. The total traded volume was 25,296,374 . The stock had closed at $35.01 on the previous day.

In an insider trading activity, Krzanich Brian M, director officer (CEO) of Intel Corp, unloaded 71,413 shares at an average price of $32.73 on July 1, 2016. The total amount of the transaction was worth $2,337,347, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company sells these platforms to original equipment manufacturers (OEMs), original design manufacturers (ODMs), and industrial and communications equipment manufacturers in the computing and communications industries. The Companys platforms are used to deliver a range of computing experiences in notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, and the Internet of Things. It also develops and sells software and services focused on security and technology integration. The Companys operating segments include the PC Client Group (PCCG), the Data Center Group (DCG), the Internet of Things Group (IOTG), the Mobile and Communications Group (MCG), the software and services (SSG) and all other. SSG segment includes McAfee and software and services group. All Other segment includes Non-Volatile Memory Solutions Group, Netbook Group and New Devices Group.

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