After Intel's hot rally, INTC stock flashes major crash signal

Group 1 - Intel stock experienced a significant rally, surging nearly 30% on Thursday, but closed the week down more than 3% at $29.58, despite a weekly gain of over 20% [1][2] - The surge was primarily driven by investor enthusiasm surrounding Intel's $5 billion deal with Nvidia, marking the largest single-day jump in Intel's share price in decades [2][7] - Intel's 14-day Relative Strength Index (RSI) climbed above 71, indicating the stock is in overbought territory, which typically signals a potential short-term pullback [2][4] Group 2 - The stock faced resistance near the $30.50 level, suggesting it may have reached a temporary peak, with downside risks becoming more pronounced [5] - Potential support zones are identified around $25, where the 20-day simple moving average is positioned, and a deeper retreat could push the stock toward the $23 region near the 50-day average [6] - In addition to the Nvidia deal, Intel has lowered its 2025 non-GAAP operating expense outlook, strengthened its balance sheet through asset sales, and tied major foundry investments to firm customer commitments, reflecting greater financial discipline [7][8]