Intel's Rally Faces Potential Pullback Amid High RSI and Rising Put-Call Ratios

Intel's stock closed at $82.54 on Friday, marking a significant increase after nearly doubling over the past month. According to NS3.AI, traders are now speculating whether this upward momentum can push the stock price to $100 before the end of May. The stock maintains a bull flag pattern above $64.84, but several indicators suggest a potential pullback. The Relative Strength Index (RSI) stands at 80.92, indicating overbought conditions, while thinning trading volume and increasing put-call ratios further highlight the risk of a price correction.