Can INTC Reach $45-$48 Resistance Zone?

$Intel(INTC)$

Intel Corp.(INTC) Gains +3.39%: Rebound from Support, Eyeing $45-$48 Zone

Latest Close Data

Closed at $43.93 on 2026-01-28, up +3.39% (+$1.44). Currently sits ~19.5% below its 52-week high of $54.60.

Core Market Drivers

The stock rebounded from recent lows, supported by ongoing market focus on its strategic foundry and AI initiatives. Pre-market trading indicates continued positive momentum.

Technical Analysis

Volume was substantial at 122M shares (Vol. Ratio 0.61). The MACD histogram turned negative (-0.61), suggesting short-term momentum is waning. The 6-day RSI (41.82) is neutral, recovering from oversold territory, indicating a potential stabilization.

Key Price Levels

Primary Support: $36.97 (critical floor from 2026-01-27).
Strong Resistance: $48.67 (key ceiling to watch).
Immediate Pivot: ~$44.00 (today's close; break above needed for further upside).

Valuation Perspective

Forward P/E of 69.42 is above its historical average of 60.46, reflecting premium pricing for its turnaround and growth prospects.

Analyst Targets

37 analysts have an average price target of $45.26 (range $20.4-$71.5). Consensus sentiment is "Hold" (33 Hold, 6 Buy, 2 Strong Buy).

Weekly Outlook

Expect consolidation between $42 and $46. A decisive break above $45 could target the $48 resistance. Failure to hold $42 may lead to a retest of the $37 support.

Risk Disclaimer

This analysis is for informational purposes only and not financial advice. Investing involves risks, including the potential loss of principal. Past performance is not indicative of future results.

For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.

🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now

Find out more here.

Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.

Click to access the activity

Other helpful links:

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

To The Moon