Stock Analysis: Intel - Worst Performing Dow Component

by Christian Paolinetti
source:tradershuddle.com
The Dow Jones Industrial Average is lower trading at 10139.3, which represents -0.13% versus its previous trading session close. The blue chip index is having a mixed day with downside bias by having only 12 Dow components trading higher.

JP Morgan (NYSE:JPM) is the Dow's top performer this morning with the stock trading at $38.64 representing 1.6% versus the previous trading session. Shares of JP Morgan, the second largest U.S. lender have defined support at $36.55 and resistance at $39.78.

Bank of America (NYSE:BAC) is also among the top performers early in the trading session, trading at $15.22 representing 1.33% from its previous close. Bank of America, the largest U.S. lender has calculated support and resistance levels at $14.77 and $16.10 respectively. The other top performer this morning is Merck (NYSE:MRK), which is trading at $35.93 representing 0.9% from the previous trading session.

The Dow's worst performers include Intel (NASDAQ:INTC) that is trading at $20.01 or -1.53% from the previous close. Shares of Intel, the largest chipmaker in the world have defined support at $19.74 and resistance at $21.69. Also among the worst performers we have Coca Cola (NYSE:KO), which is trading at $51.1 representing -1.35% from the previous trading session.