DELL TECHNOLOGIES -C (DELL) Stock Technical Analysis
NYSE:DELL - New York Stock Exchange, Inc. - US24703L2025 - Common Stock - Currency: USD
Taking everything into account, DELL scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DELL is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
DELL is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 77% of 32 stocks in the same industry.
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 109.17 - 128.32 range, which is quite wide. It is currently trading near the high of this range.
DELL has an average volume of 5997630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that DELL is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, DELL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 126.84. Right above this resistance zone may be a good entry point.
More info and screens
71.95
129.19
When analyzing the support we can see 3 important areas.
- A support zone ranging from 123.78 to 124.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 108.08 to 109.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @72.68 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 126.84 to 127.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 80.63 | POSITIVE | DELL has a high relative strength, it outperformed 80.63% off all stocks 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) | 66.55 | NEUTRAL | The RSI value for DELL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests DELL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.4 | OVERBOUGHT | The high Stochastics value suggests DELL may be overbought. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for DELL suggests some volalility. |
| Average Directional Index/ADX (14) | 26.23 | POSITIVE | The high ADX value value for DELL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 127.92 | 123.77 | 4.15 (3.24%) | 25.00% |
| An entry @127.92. This is a Buy Stop order right above the resistance zone. | An exit @123.77. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.15 points, which is 3.24%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%. |
- The distance between exit and entry is rather small compared to the average daily movement of DELL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
126.83
-1.08 (-0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-0.84%
1 Week1.29%
2 Weeks0.67%
1 Month14.01%
3 Month54.8%
6 Month10.51%
12 Month-9.13%
2 Year139.66%
3 Year181.47%
5 Year323.97%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.3
ATR(20)%2.75%
ATR Inc-39.54%
Range Today1.93
ADR(20)3.05
ADR(20)%2.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.63
Mansfield0.51
10 Day High128.32
10 Day Low120.11
20 Day High128.32
20 Day Low109.17
52 Week High147.66
52 Week Low66.25
CS1 End124.75
CR1 Start126.84
Volume & EV
DER(3)1.11%
DER(5)0.96%
Volume3.56M
Volume Incr-28.79%
Vol(5)4.06M
Vol(50)6.00M