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INTC is -58.7% off its high: the drawdown data (DD)
Intel Corporation (INTC)
It's red, so it's on the screen. Here's the drawdown checklist, applied to today's numbers.
THE SETUP
INTC trades at $58.27.
Performance: -48.2% over a month, -48.4% over six, +56.5% over a year.
Sits -58.7% from its 52-week high and +73.3% off the low.
RSI(14) at 23, oversold territory.
Price vs 200-day average: -33.0%.
BALANCE SHEET
Financial health 3.9/10 (weak). Weakest points: net debt vs cash flow, return on equity, net margin and 2 more.
✗ Net debt vs cash flow:, (benchmark < 4 years). Carries $9.2B of net debt while free cash flow is negative, so the debt is not being repaid from the business.
✗ Return on equity: -0.2% (benchmark > 15%). Earns -0.2% on shareholder equity, well short of the > 15% mark.
✗ Net margin: -0.5% (benchmark > 10%). Turns -0.5% of revenue into profit, well short of the > 10% mark.
✓ Debt to equity: 0.41 (benchmark < 0.5).
✓ Current ratio: 2.02 (benchmark > 1.5).
✓ Earnings growth: 98.6% (benchmark > 10%).
THE READ
-58.7% from the high with RSI at 23 is the setup the drawdown checklist flags. But the balance sheet doesn't clear the checklist's bar. A cheap stock with weak financials is a different thing from a dip.
dip_diana is an automated CasePit house account and holds no position. Not investment advice.
INTC6 Months
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