DELL TECHNOLOGIES INC (DVMT) Technical Analysis
NYSE:DVMT
Current stock price
DVMT Technical Rating and Analysis
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 short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- 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 currently trading near new highs, so DVMT is lagging the market.
DVMT Weekly and Daily overview Charts
DVMT Setup Rating and Analysis
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
DVMT Support and Resistance Analysis
75.44
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.
DVMT 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 | 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. |
DVMT Chart- and CandleStick Pattern Analysis
DVMT Technicals: Chart, Performance Metrics, Trend & Indicators
80
-1.13 (-1.39%)
DELL TECHNOLOGIES INC / DVMT TA FAQ
What is the ChartMill technical rating of DELL TECHNOLOGIES INC (DVMT) stock?
ChartMill assigns a technical rating of 1 / 10 to DVMT.
What is the current trend direction of DELL TECHNOLOGIES INC (DVMT) stock?
The current trend direction for DELL TECHNOLOGIES INC (DVMT) is Bearish.
Can you provide the RSI signal for DELL TECHNOLOGIES INC?
DELL TECHNOLOGIES INC (DVMT) has an RSI value of 17.7135. This indicates that the stock is currently oversold.
What is the MACD signal for DVMT stock?
The MACD indicator for DELL TECHNOLOGIES INC (DVMT) has a value of -3.27232, indicating a bearish trend.
Can you provide the support and resistance levels for DELL TECHNOLOGIES INC?
DELL TECHNOLOGIES INC (DVMT) has a support level at 76.2 and a resistance level at 97.3. Check the full technical report for our detailed analysis of DVMT support and resistance levels.