DELL Technical Analysis - DELL TECHNOLOGIES -C

Technical Rating and Analysis

Taking everything into account, DELL scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DELL is only an average performer.

The long and short term trends are both positive. This is looking good!

DELL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DELL is lagging the market slightly.

In the last month DELL has a been trading in the 117.70 - 135.18 range, which is quite wide. It is currently trading near the high of this range.

DELL has an average volume of 5798580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

When compared to the yearly performance of all other stocks, DELL outperforms 64% of them, which is more or less in line with the market.

DELL is an average performer in the Technology Hardware, Storage & Peripherals industry, it outperforms 40% of 33 stocks in the same industry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

DELL TECHNOLOGIES -C / DELL Weekly stock chart

DELL TECHNOLOGIES -C / DELL Daily stock chart

Setup Rating and Analysis

Although DELL has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

71.92

143.07

When analyzing the support we can see 3 important areas.

A support zone ranging from 125.90 to 127.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 120.96 to 123.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @72.65 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 136.57 to 138.29. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Resistance @141.65 from a horizontal line in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	UP	POSITIVE	The long term trend for DELL is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for DELL is up.
ChartMill Relative Strength	64.98	NEUTRAL	DELL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of DELL is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of DELL is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of DELL is above the rising SMA(200).
Relative Strength Index/RSI (14)	56.94	NEUTRAL	The RSI value for DELL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.85	POSITIVE	The MACD value suggests DELL has a positive trend.
Stochastics (14,3)	83.4	OVERBOUGHT	The high Stochastics value suggests DELL may be overbought.
Average True Range in percent/ATR (20)	3.12	MEDIUM VOLATILITY	The ATR as a percentage value for DELL suggests some volalility.
Average Directional Index/ADX (14)	13.42	NEGATIVE	The low ADX value for DELL suggests a weak or negative trend.