In its latest trading session, Dell Technologies Inc. (NYSE:DELL) dropped by -0.7% – here is what that looked like (as of 2019-12-04):
What’s the reason for these moves? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 50.805, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.02, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.09, an Accumulation/Distribution Index (ADI) of 1.09, an On-Balance Volume (OBV) of 450.17, and a Chaiikin Money Flow (CMF) of 47.72. 2.072
So what do these technical indicators mean? Let’s see. According to Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for Dell Technologies Inc. (NYSE:DELL). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.