Intel Bullish Moving Average Crossover Alert (INTC)
Published on Wed, 05/27/2015 - 12:32
By Robert Cotter in Moving average crossovers, INTC, intel, moving crosses, nasdaq:intc
Intel (NASDAQ:INTC) crossed over its 10-day moving average of $33.21 on a volume of 8.2 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
Over the past year, Intel has traded in a range of $21.89 to $37.90 and is now at $33.51, 53% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.4%.
Intel Corporation designs, manufactures, and sells computer components and related products. The Company's major products include microprocessors, chipsets, embedded processors and microcontrollers, flash memory products, graphics products, network and communications products, systems management software, conferencing products, and digital imaging products.
Intel (NASDAQ:INTC) has potential upside of 6.1% based on a current price of $33.51 and analysts' consensus price target of $35.55. Intel shares should encounter resistance at the 200-day moving average (MA) of $33.98 and support at the 50-day MA of $32.04.
Sentiment: Strong Buy
Intel Stock Rating Reaffirmed by FBR & Co. (INTC)
Posted by Shayan Afkhami on May 20th, 2015 // No Comments
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Intel logoIntel (NASDAQ:INTC)‘s stock had its “outperform” rating reaffirmed by equities researchers at FBR & Co. in a research report issued on Tuesday. They currently have a $40.00 price objective on the stock. FBR & Co.’s target price would suggest a potential upside of 20.66% from the stock’s previous close.
Posted By: Aman JainPosted date: May 20, 2015 10:05:55 AMIn: TechnologyNo Comments
INTEL Corporation (NASDAQ:INTC)-owned Basis Science has launched a new Titanium edition of its fitness tracking watch, the Basis Peak. Basis was acquired by the chip maker more than a year ago, and now it is all set to offer its new watch to the market, creating competition for the Apple Inc. (NASDAQ:AAPL) Watch.
How it’s different from Apple Watch
The fitness tracking watch from Intel costs $300, a price point that’s less than Apple’s device costing between $350 and $17,000. The current Basis Peak watch sell at $200, which is a justified price point considering that the sensors put in the watch can track heart rate, measure the number of hours a user is sleeping and track activities like swimming, walking, running or biking.
Jef Holove, general manager of the Basis division at Intel, said in an interview with VentureBeat that people are fond of dressing up and being fashionable, and the Basis watch has everything required to make a smartwatch most useful.
Differentiating its product from others made by Apple and Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930), Holove said the notification feature of the watch is common, but, “We are not in the same category as general-purpose devices like Samsung and Apple watches.” The executive said that the company is largely focused on the premium health and fitness space, adding, “We intend to give you the most comprehensive view of your health. That is what we do deep.”
Having Intel on their side a big advantage
Sharing his experience of working under Intel, Holove stated that it has been a good one as the chip maker has better supply chain relationships, being a big company. Also the company has a couple of teams assigned to research work that is directly relevant to wearable devices such as the Basis Peak. Holove
Intel added factory automation systems and paired them with data analytics to improve equipment uptime, increase manufacturing yield, and conduct preventive maintenance before equipment failed. As a result, the company saved $9 million from the efficiencies -- in just one factory.
After testing out the systems, Intel started selling automation and predictive maintenance services to businesses this year.
Which leads us the real reason why both Cisco and Intel are focusing their energies on new Internet of Things manufacturing opportunities: it is a huge market.
A PricewaterhouseCoopers survey released in February showed that manufacturers are implementing Internet of Things systems into their plants faster than in any other part of the industry.
Part of that growth comes from predictive maintenance systems, similar to the Intel example, which are poised to be a huge part of the manufacturing IoT. IDC said Internet of Things predictive maintenance will become one of the most important trends in IoT solutions this year, and General Electric said it will create $100 billion in value for the energy and utility industries by 2020.
About 18% of global industrial machinery companies are already using IoT devices in their manufacturing processes. As more companies implement the IoT systems Intel and Cisco are already using, the two companies are poised to benefit from all that new spending.
Both have already shown the value of adding sensors, predictive maintenance, and other IoT systems to manufacturing -- and the manufacturing sector is right behind them. BI Intelligence said the manufacturing industry will invest $140 billion in Internet of Things devices and services over the next five years. Intel and Cisco are in the perfect place to benefit from all this growth.
By Chris Neiger | More Articles
May 20, 2015 | Comments (0)
Much of the talk about the Internet of Things focuses on hot products such as smartwatches, autonomous cars, or Internet-connected home appliances. And with good reason. These formerly unconnected things will bring about new autonomous systems and a treasure trove of data for analysis.
Therein lies a huge opportunity in the Internet of Things, or IoT: the ability to automate factories and collect actionable data that could potentially save companies billions of dollars in efficiencies.
For years, Cisco Systems (NASDAQ: CSCO ) and Intel (NASDAQ: INTC ) have trumpeted the benefits of the IoT to the market, but practicing what they preach, they also leverage the IoT in their own operations.
A bet on IoT and its employees
In an interview with The Wall Street Journal last week, Cisco Senior Vice President John Kern discussed a $4 million fund through which employees can develop new IoT solutions to make the company more efficient.
One recent effort is a $700,000 project to outfit a Cisco plant in Malaysia with thousands of new sensors that monitor how much energy is being used and also make decisions on how to reduce that usage. Kern said the project managers believe that deploying the sensors across all Cisco manufacturing plants would cut company-wide factory energy usage by 20% to 30% -- which could mean tens of millions of dollars in savings.
While Cisco acknowledged that some of the projects under this program will fail, the company wants to demonstrate it believes the IoT will change manufacturing processes.
And it is not alone.
Intel is saving millions
Toward the end of last year, Intel also started using its own predictive maintenance technology at its manufacturing plant in Malaysia, which allows the site to run more efficiently with less downtime. Intel added factory automation sy
"Better yet assign a real person to go bust up the cretins who do this. Chase them down and ban them permanently"
Although that would be nice, I don't think Yahoo cares about the stock message boards. They only care about getting fresh hits and unfortunately these spammers provide that.
Second Opinion® - INTEL CORP (INTC)
Exchange: NMS • In S&P 500
Report Date: 5/19/15
Trading Activity - 5/18/15 Technical Terms Explained
Close 33.41 Change +0.42 Volume(00) 235931
Open 33.00 High 33.41 Low 32.85
Opinion NEUTRAL FROM AVOID Date Opinion Formed 4/17/15 Price Opinion Formed 32.87
Score 3 C-Rate 0.0 Power Rating 39
Stock shows Strongly Improving Conditions. SCORE = 3
If you are Short this stock, consider covering or monitor stock closely.
Stock is an Early Entry Buy Candidate if stock closes above 33.48
There have been positive signs in some of the indicators suggesting that the stock has bottomed. Look for improvement in trend following indicators such as MACD-ST or short term moving averages for confirmation that a new uptrend is beginning. A break above resistance numbers would also confirm that higher prices are in the near term outlook. Over the last 50 trading days, when compared to the S&P 500, the stock has performed in line with the market. The MACD-LT, an intermediate-term trend indicator, is bullish at this time. A close above $33.48 is a number to watch to confirm a trend reversal. Momentum as measured by the 9-day RSI is gaining in strength. The stock is in a short-term overbought condition based on a Slow % K stochastic reading of 80 or higher. Over the last 50 trading sessions, there has been more volume on up days than on down days indicating that INTC is under accumulation, which is a bullish condition. The stock is trading above a rising 50-day moving average which confirms the improving technical condition.
and repurchased if when it drops later.
*I agree that the ARM postings are nothing but a personal issue with people that just clutter the board. The ARMH board is the appropriate place for such posts.
You are not very politically astute. You should stick to INTEL and try and figure why they are stumbling just as their technical began turning positive.
Intel (NASDAQ:INTC) was upgraded by equities research analysts at Tigress Financial from a “neutral” rating to a “buy” rating in a research note issued to investors on Friday.
Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein upgraded shares of Intel from an “underperform” rating to a “market perform” rating and raised their price target for the stock from $28.00 to $32.00 in a research note on Thursday. Analysts at Barclays reiterated an “equal weight” rating and set a $32.00 price target on shares of Intel in a research note on Wednesday. Analysts at FBR & Co. set a $40.00 price target on shares of Intel and gave the company a “buy” rating in a research note on Wednesday. Finally, analysts at Oppenheimer reiterated a “market perform” rating on shares of Intel in a research note on Wednesday. Four equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and twenty-two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $36.58.
however , close above 33:48 to confirm. It can can just as easily flounder and reverse new :neutral" rating to :avoid" again. The stock has gone higher on better volume days recently indicating is under accumulation.
By: Martin Blanc
Published: Apr 15, 2015 at 8:55 am EST
Intel Corporation.(NASDAQ:INTC) may soon announce the acquisition of chip manufacturer VIA Telecom, a subsidiary of Taiwan-based company VIA Technologies. According to a recent report published on Next Magazine the two companies are close to finalizing an acquisition agreement that values VIA Telecom at $500 million. Next Magazine, a Taipei-based publication, however did not cite any sources in this regard.
VIA Technologies currently has a 50% stake in Via Telecom, which means that the company would be paid half of the sale proceeds in cash. Following these reports, VIA’s stock soared by 7% on Taiwan’s stock market, reaching its upper limit for the day.
Intel has been taking several initiatives to establish itself as a key supplier of processor chips to the smartphone and tablet segment, as PC demand continues to decline across the globe. Back in March, Intel had attempted to acquire Altera Corporation (NASDAQ:ALTR), a semiconductor manufacturer highly regarded for its programmable chips. Intel had offered to purchase Altera for $50 per share at a premium of 40%, but the deal failed to materialize as Altera‘s management deemed the offer too low.
There is still growing speculation in the media that the two companies might renegotiate a deal. Key stakeholders in Altera such as Cadian Capital Management and TIG Advisors are insisting that the company reconsider Intel’s offer before it loses interest. These investors have also doubted Altera’s ability to generate value on its own that pars with Intel’s bid.
Intel released its quarterly report on Tuesday after the closing bell. While the company’s revenue of $12.78 billion narrowly missed expectations of $12.82 billion, its net income of 4 cents per share was very much in line with consensus estimates. Intel’s stock subsequently surged by 4% in after-hou
Intel Corporation (INTC) Reportedly Intends To Buy The Chip Unit Of VIA Technologies Inc
by Neha Gupta · April 16, 2015 05:21 AM PDT
Altera and Intel did not immediately respond to requests for comment.
Altera's upcoming earnings report on April 23 may also be on the minds of options traders as volatility expectations tend to spike ahead of earnings reports.
But in Altera's case, the expectation for a big move in the near term is about twice as high as it has been ahead of its other recent reports.
"While it’s hard to discern how much of the implied volatility increase is on takeover speculation and how much is because of the known event, I do expect it to still stay in the high end of the range even after earnings," Brian Overby, senior options analyst at online brokerage TradeKing in Charlotte, North Carolina, said.
Open interest in Altera's calls, usually used for placing bullish bets on a stock, has risen to more than 310,000 contracts, up from 81,000 on May 26, according to Trade Alert.
Calls betting on the shares rising above $45, $47 and $55 have attracted a lot of attention and now represent some of the biggest blocks of open interest in Altera's options expiring in April. Despite reports of the talks stalling, calls have outnumbered puts by a ratio of more than 3-to-1 on heavy volume.
Still, since implied volatility only gives a sense of the risk of a big move in the stock and not the direction of the move, the elevated risk in share price could also be read to mean that Altera shares could go lower sharply if a deal does not materialize, said Gottlieb.
CFO Stacy Smith, noting the company’s Q2 outlook, remarked, “We believe there was an inventory burn across the worldwide PC supply chain in the first quarter, and we expected a further reduction in inventory supply chain levels in the second quarter, in anticipation of the Windows 10 launch this summer.”
The stock has gotten two upgrades this morning, that I can see, from Wedbush’s Betsy Van Hees, and from RBC Capital’s Doug Freedman.
Van Hees, raising her rating to Outperform from Neutral, and raising her price target to $37 from $34, writes that ”We believe we are at the trough in PCs and expect strong Q3 Q/Q growth as the supply chain replenishes for the launch of Windows 10.”
Moreover, the situation is going to improve for Intel’s struggling mobile chip efforts, she writes:
2H Client Computing Group (CCG) to benefit from roll-off of contra dollars. INTC is now reporting mobile in CCG. Revenue from Mobile was $202MM in 2014 and operating losses were -$4.2B, primarily impacted by contra dollars. INTC said it will reduce mobile losses by $800MM in 2015. While bears will likely balk at the strong growth needed in 2H from CCG to achieve the flat Y/Y revenue guide for 2015, we argue if mobile were to be flat at $202MM, plus the $800MM lost revenue from the contra program that provides about 3% to 4% Y/Y growth in CCG, it would make the 2H snap back needed in CCG to hit the 2015 revenue easily achievable.
Freedman, raising the stock to Outperform from Sector Perform, and raising his target to $40 from $38, writes that “Our upgrade is about double digit data center growth driving a 25% increase in cash flow over the next 2 years. It is not about Q/Q changes in inventory and reported gross margins.”
It’s all about data center, writes Freedman:
The Increasing Mix of DCG has a Big Impact on INTC due to higher margins Because INTC’s operating margin on DCG is ~10% (on an absolute basis, 40% vs. 50%) higher than that of PCCG, INTC may become more driven by DCG prospec