DELL TECHNOLOGIES INC (DVMT) Stock Technical Analysis
NYSE:DVMT - New York Stock Exchange, Inc. -
We assign a technical rating of 1 out of 10 to DVMT. DVMT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month DVMT has a been trading in the 75.10 - 107.08 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
DVMT has an average volume of 3180140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, DVMT turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
DVMT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DVMT is lagging the market slightly.
The technical rating of DVMT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
75.44
106.58
When analyzing the support we notice one important area.
- Support @76.20 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 97.30 to 98.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @105.52 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for DVMT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DVMT is down. |
| ChartMill Relative Strength | 55.13 | NEUTRAL | DVMT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DVMT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DVMT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DVMT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 17.71 | OVERSOLD | The low RSI value suggests DVMT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.27 | NEGATIVE | The MACD value suggests DVMT has a negative trend. |
| Stochastics (14,3) | 17.12 | OVERSOLD | The low Stochastics value suggests DVMT may be oversold. |
| Average True Range in percent/ATR (20) | 4.2 | MEDIUM VOLATILITY | The ATR as a percentage value for DVMT suggests some volalility. |
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)
80
-1.13 (-1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.39%
1 Week-23.7%
2 Weeks-23.82%
1 Month-23.56%
3 Month-17.63%
6 Month-5.41%
12 Month-1.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.88
ATR(20)%4.2%
ATR Inc-39.49%
Range Today2.35
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.13
Mansfield0.12
10 Day High106.9
10 Day Low75.1
20 Day High107.08
20 Day Low75.1
52 Week High107.22
52 Week Low64.96
CS1 End76.2
CR1 Start97.3
Volume & EV
DER(3)-0.05%
DER(5)-0.78%
Volume1.92M
Volume Incr4.74%
Vol(5)4.01M
Vol(50)3.18M