Dell Technologies (DELL) demonstrates exceptional technical momentum with a 246% increase over the past year.
DELL maintains robust fundamentals with cash flow up 313% last year.
Technical indicators show a 100% “Buy” opinion from Barchart.
Analyst sentiment skews positive with multiple “Strong Buy” ratings, but valuation concerns persist.
Today’s Featured Stock
Valued at $267 billion, Dell Technologies (DELL) is a provider of information technology solutions.
What I’m Watching
I found today’s Chart of the Day by using Barchart’s powerful screening functions to sort for stocks with the highest technical buy signals; superior current momentum in both strength and direction. I then used Barchart’s Flipcharts feature to review the charts for consistent price appreciation. DELL checks those boxes. The Trend Seeker issued a new “Buy” signal on March 2. Since then, the stock has gained 180.88%.
More News from Barchart
Barchart’s Technical Indicators for Dell Technologies
Editor’s Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report. These technical indicators form the Barchart Opinion on a particular stock.
Dell Technologies scored an all-time high of $469.47 on June 1.
Dell has a Weighted Alpha of +220.35.
DELL has a 100% “Buy” opinion from Barchart.
The stock has gained 246.58% over the past 52 weeks.
Dell has its Trend Seeker “Buy” signal intact.
The stock recently traded at $431.36 with a 50-day moving average of $335.44.
DELL has made 8 new highs and gained 7.57% over the past month.
60-month beta of 1.31.
Relative Strength Index (RSI) is at 60.66.
There’s a technical support level around $399.88.
Don’t Forget the Fundamentals
$267 billion market capitalization.
32.45 x trailing price-earnings ratio.
0.59% dividend yield.
Revenue is projected to grow 50.82% this year and another 11.14% next year.
Earnings are estimated to increase 78.38% this year and an additional 16.49% next year.
