DELL TECHNOLOGIES INC. CLASS C

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	DELL
ISIN:

DELL TECHNOLOGIES INC. CLASS C - Daily - Technical analysis published on 07/07/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

11%

44%

My opinion

Bullish above 132.20 USD

My targets

149.22 USD (+7.38%)

157.09 USD (+13.05%)

My analysis

A bullish trend on DELL TECHNOLOGIES INC. CLASS C both in substance and in the short term. A purchase could be considered as long as the price remains above 132.20 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 149.22 USD. Then the price could move towards 157.09 USD. Then 179.21 USD by extension. Be careful, a return below 132.20 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.

Force

2.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by AMIKOTUN. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DELL TECHNOLOGIES INC. CLASS C rating is 138.96 USD. On the day, this instrument lost -2.50% and was between 138.31 USD and 142.76 USD. This implies that the price is at +0.47% from its lowest and at -2.66% from its highest.

138.31

142.76

138.96

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Abnormal volumes on DELL TECHNOLOGIES INC. CLASS C were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Daily of this DELL TECHNOLOGIES INC. CLASS C chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

The probability of a further decline is low given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	81.07	114.42	132.20	138.96	149.22	179.21
Change (%)	-41.66%	-17.66%	-4.86%	-	+7.38%	+28.97%
Change	-57.89	-24.54	-6.76	-	+10.26	+40.25
Level	Major	Minor	Major	-	Major	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	132.81	135.56	137.26	140.01	141.71	144.46	146.16
Camarilla	137.74	138.14	138.55	138.96	139.37	139.78	140.18
Woodie	132.29	135.30	136.74	139.75	141.19	144.20	145.64
Fibonacci	135.56	137.26	138.31	140.01	141.71	142.76	144.46

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	116.06	124.85	131.90	140.69	147.74	156.53	163.58
Camarilla	134.60	136.06	137.51	138.96	140.41	141.86	143.32
Woodie	115.20	124.42	131.04	140.26	146.88	156.10	162.72
Fibonacci	124.85	130.90	134.64	140.69	146.74	150.48	156.53

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	89.23	108.41	123.16	142.34	157.09	176.27	191.02
Camarilla	128.58	131.69	134.80	137.91	141.02	144.13	147.24
Woodie	87.02	107.30	120.95	141.23	154.88	175.16	188.81
Fibonacci	108.41	121.37	129.38	142.34	155.30	163.31	176.27

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	48.63
MACD (12,26,9):	0.4800
Directional Movement:	9.78
AROON (14):	21.43
DEMA (21):	141.54
Parabolic SAR (0,02-0,02-0,2):	133.80
Elder Ray (13):	-0.26
Super Trend (3,10):	156.86
Zig ZAG (10):	138.96
VORTEX (21):	0.9900
Stochastique (14,3,5):	35.02
TEMA (21):	139.82
Williams %R (14):	-74.63
Chande Momentum Oscillator (20):	-3.07
Repulse (5,40,3):	-3.6000
ROCnROLL:	-1
TRIX (15,9):	0.0300
Courbe Coppock:	8.10

MA7:	140.48
MA20:	138.79
MA50:	138.86
MA100:	124.08
MAexp7:	140.88
MAexp20:	140.69
MAexp50:	136.32
MAexp100:	124.40
Price / MA7:	-1.08%
Price / MA20:	+0.12%
Price / MA50:	+0.07%
Price / MA100:	+11.99%
Price / MAexp7:	-1.36%
Price / MAexp20:	-1.23%
Price / MAexp50:	+1.94%
Price / MAexp100:	+11.70%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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