Terms and Privacy Policy Your Privacy Choices CA Privacy Notice More Info After consolidating for months between $18.92 and $27.90 , NASDAQ:INTC broke sharply higher, clearing multiple resistance levels and forming a strong bullish structure on weekly charts. The 36.96 zone now serves as critical support; a weekly close above it could trigger the next leg to $43.00 and eventually $50.55 , according to the latest projection models. The 50-day moving average ($25.39) remains well below spot price, reinforcing the strength of the ongoing trend, while the 200-day moving average ($22.39) confirms a long-term reversal from the 2023 lows near $17.67 . Short interest has dropped to 2.17% of float , signaling fading bearish sentiment as momentum traders re-enter the stock. Technical Nvidia price forecast analysis shows higher lows forming, implying accumulation by long-term funds. Bollinger bands suggest possible breakout conditions if volume confirms above 35 million shares per day.