Intel Corporation (INTC) : $104.95 million worth of transactions were on upticks in Intel Corporation (INTC), compared to $85.59 million on downticks. The ratio between the two was 1.23, whereas, the net money flow stood at a healthy $19.36 million on Mondays session.The block trades show a bullish bias with only $37.35 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $52.65million worth of trades. The up-down ratio between the uptick and downtick was 1.41, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $15.29 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.32%. The stock was trading at $34.57, with a drop of $0.11 over the previous days close. The stock recorded -1.17% for the week.
Intel Corporation has dropped 0.37% in the last five trading days, however, the shares have posted positive gains of 0.3% in the last 4 weeks. Intel Corporation is up 15.74% in the last 3-month period. Year-to-Date the stock performance stands at 3.89%.
Intel Corporation (NASDAQ:INTC): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $34.70 and $34.63 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $35.16. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.91, notching a gain of 0.98% for the day. The total traded volume was 18,931,063 . The stock had closed at $34.57 on the previous day.
In a related news, The officer (EVP, Pres Client & IOT & SAG), of Intel Corp, Renduchintala Venkata S M had unloaded 13,997 shares at $34.71 per share in a transaction on July 28, 2016. The total value of transaction was $485,836. The Insider information was revealed by 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.