Dell Technologies Inc. (NYSE:DELL) Jumped Up 0.7%, But Why?

      Comments Off on Dell Technologies Inc. (NYSE:DELL) Jumped Up 0.7%, But Why?

In its latest trading session, Dell Technologies Inc. (NYSE:DELL) spiked up by 0.7% – here is what that looked like (as of 2019-12-26):

Why are these moves happning?? To understand this better, We ought to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 24.748, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.014, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.928, an Accumulation/Distribution Index (ADI) of 0.928, an On-Balance Volume (OBV) of 127.05, and a Chaiikin Money Flow (CMF) of -50.46. 1.455

Now let’s take all these indicators into account. According to Trading View, putting it all together gets the following:

That is what an analysis of technical indicators seems to indicate for Dell Technologies Inc. (NYSE:DELL). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.