The Greedy Trader Weekly Analysis
Sign In Oct 9, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 10/2/2026 -
Sign In to see current Signals.

Intel Corp. (INTC) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken trend resistance line
Daily :Williams' Percentage Range is strongly overboughtStochastic signal line moved below overbought areaThe price has fallen below the Parabolic SAR20 Day Moving Average has crossed above the 50 Day Moving AverageBearish Dark Cloud Cover CandlestickTrend support at 117.62
Move cursor over the icon to see details.

It was the negative week for the Intel Corp. (INTC). During the week, the INTC dropped -3.67 points, or -2.98%, and closed at 119.33 on Friday, October 2, 2026. It was the worst weekly loss since August 21, 2026. Weekly volume was -11% below average.

INTC is a member of Information Technology Sector. Information Technology is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See INTC long-term trend chart]
A long-term downtrend had started on June 30, 2026 at 142.35 and reached 81.79 on July 29, 2026. INTC lost 60.56 points, or 42.54%, in 4 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (90.35) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. INTC may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See INTC medium-term trend chart]
A medium-term uptrend had started on July 29, 2026 at 81.79 and reached 127.44 on September 24, 2026. INTC gained -45.65 points, or -55.81%, in 8 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 90.35 and resistance is at 131.55. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See INTC weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since July 17, 2026. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.

Short-term trend: [See INTC short-term trend chart]
A short-term uptrend had started on August 24, 2026 at 85.14 and reached 127.44 on September 24, 2026. INTC gained -42.30 points, or -49.68%, in 31 days. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (117.62) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a short-term trend.

Daily Technical Indicators: [See INTC daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is above its signal line since September 2, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Candlestick pattern: [See INTC candlestick chart pattern]
On Friday the chart has formed a Bearish Dark Cloud Cover Candlestick pattern. Bearish Dark Cloud Cover pattern is a trend reversal indicator which signifies the end of an uptrend and the start of a downtrend. The reliability of the Bearish Dark Cloud Cover pattern is considered a highly reliable pattern of market reversalUse the Technical Stock Screener to see the list of stocks that had a Bearish Dark Cloud Cover Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 72.19
Williams' Percentage Range (W%R) 9.70
Strong Overbought
Lane's Stochastic (%D-Slow) 51.83
Greed/Fear Indicator (GFI) 71.45
Moving Average Converg./Diverg. (MACD) 5.65
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 45.53
Williams' Percentage Range (W%R) 30.30
Lane's Stochastic (%D-Slow) 63.97
Greed/Fear Indicator (GFI) 61.78
Moving Average Converg./Diverg. (MACD) 10.66
Trading Signals
Description Value Chart
Weekly Trendline Resistance 138.66
Upper Bollinger Band 132.64
Monthly Trendline Resistance 131.55
Parabolic System 126.77
Daily Stochastic Crossing 120.69
Price 119.33
Weekly Trendline Support 117.62
Weekly Stochastic Crossing 117.43
20 Day Moving Average 111.64
50 Day Moving Average 100.87
Lower Bollinger Band 91.91
Sector and Industry
Description Name Rank
Sector Information Technology 10
Industry Semiconductors 103
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 127.44
High Date 09/24/2026
Low 113.97
Low Date 09/29/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Support
Resistance 138.66
Support 117.62
Low 85.14
Low Date 08/24/2026
High 127.44
High Date 09/24/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 131.55
Support 90.35
Low 81.79
Low Date 07/29/2026
High 127.44
High Date 09/24/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 68.30
Support 90.35
High 142.35
High Date 06/30/2026
Low 81.79
Low Date 07/29/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 17.67
Low Date 04/08/2025
High 142.35
High Date 06/30/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.