(For more on INTC, see Jim Cramer: An Intel/GlobalFoundries Deal Likely Isn't Going Anywhere)
Let's check on the charts to see how much damage is being done.
In this daily bar chart of INTC, below, we can see that price has made a new low for the move down from early April. INTC is trading below the declining 50-day moving average line and the rising 200-day moving average line.
The On-Balance-Volume (OBV) line has slumped to a new low for the move down, telling us that traders of INTC have been more aggressive sellers. The Moving Average Convergence Divergence (MACD) oscillator has been below the zero line since April.