Intel (INTC), Aug 2, 2024
US stock · 60 daily candles up to Aug 1, 2024
Did INTC close higher or lower on Aug 2, 2024?
Compared with the previous close. The hidden candle is the dashed box.
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INTC closed down 26.06% at 21.48.
The hidden day
Over the prior 20 sessions it lost 7.0%, and RSI(14) sat near 33 (neutral). Price was sitting just above its 52-week low.
- Opening gap
- -24.48%
- Day range
- 5.37%
- Volume vs 50-day avg
- 6.2×
What happened next
- Next session
- -6.38%
- 5 sessions later
- -8.24%
- 20 sessions later
- +2.61%
Measured from the event-day close.
Background
After a Q2 loss and a weak Q3 forecast, Intel announced it would cut about 15% of its workforce and suspend its dividend.
Source: CBC — Intel's stock plunges as company cuts 15% of workforce
Patterns in this case
What you can see before the call
- Last visible close
- 29.05
- 20-session trend
- -7.0%
- RSI (14)
- 33
- vs 50-day SMA
- -7.9%
- vs 200-day SMA
- -24.8%
- vs 52-week high
- -43.4%
Try a similar case
Keep practicing
Historical practice only. Past price moves say nothing certain about the next one, and nothing here is investment advice.