The selloff appears to be driven by a broad shift away from growth stocks rather than company-specific news. With U.S. equity futures under pressure, investors are trimming exposure to technology names that have rallied sharply over the past year.Intel has remained near the upper end of its 52-week trading range. That leaves the stock vulnerable to profit-taking when market sentiment weakens. Dow futures were down 0.52%, while Russell 2000 futures fell 1.68%, reinforcing the cautious tone across equities.Technical AnalysisDespite Tuesday’s pullback, Intel remains in a strong long-term uptrend. The stock is trading 11% above its 20-day simple moving average of $117.47 and 26.6% above its 50-day SMA of $103.01.The longer-term picture also remains positive. Intel trades 73.9% above its 100-day SMA of $74.97 and 132.5% above its 200-day SMA of $56.10.Momentum indicators continue to favor bulls. The MACD remains above its signal line, suggesting upward momentum is intact despite the recent weakness.The moving-average setup also supports the trend. The 20-day SMA remains above the 50-day SMA, while the golden cross formed in August 2025, with the 50-day SMA above the 200-day SMA, remains in place.Traders will watch whether the stock can establish another higher low after a swing low formed in March and a swing high in May.Key resistance: $133.00Earnings And Analyst OutlookIntel is expected to report second-quarter results on July 23.Wall Street expects earnings of 19 cents per share, compared with a loss of 10 cents per share a year earlier. Revenue is projected to rise to $14.40 billion from $12.86 billion.The stock carries a consensus Hold rating with an average analyst price forecast of $82.33. Recent analyst actions include: