Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Bottlenecks in bandwidth indicates a upcoming change. Break up through the moving average line, or continuously movements above the moving average line indicates a break up, and vice versa downwards.
Dell Technologies Inc. stock downgraded from Buy Candidate to Sell Candidate after Friday trading session.
(Updated on Jan 21, 2022)
Sell candidate since 2022-01-21 PDF
The Dell Technologies Inc. stock price fell by -3.19% on the last day (Friday, 21st Jan 2022) from $57.40 to $55.57. and has now fallen 5 days in a row. During the day the stock fluctuated 3.60% from a day low at $55.26 to a day high of $57.25. The price has fallen in 6 of the last 10 days and is down by -4.26% for this period. Volume has increased on the last day by 1 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 4 million shares were bought and sold for approximately $233.62 million.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -25.60% during the next 3 months and, with a 90% probability hold a price between $32.14 and $63.40 at the end of this 3-month period.
Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, December 20, 2021, and so far it has risen 3.68%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Dell Technologies Inc. stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $58.72 and $57.35. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss
Dell Technologies Inc. finds support from accumulated volume at $55.20 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.99 between high and low, or 3.60%. For the last week, the stock has had a daily average volatility of 3.04%.
Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.
Is Dell Technologies Inc. stock A Buy?
Dell Technologies Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.
Current score: -1.181Sell Candidate Downgraded
Insiders are negative selling more shares than they are buying in Dell Technologies Inc.
In the last 100 trades there were 7.46 million shares bought and 18.42 million shares sold. The last trade was done 16 days ago by Rios Brunilda who sold 3.8 thousand shares. In general the insiders are selling more stocks than they buy. There can be a variety of reasons for this, but in general it can be considered as a negative signal.
Predicted Opening Price for Dell Technologies Inc. of Monday, January 24, 2022
The predicted opening price is based on yesterday's movements between high, low, and the closing price.
|Fair opening price January 24, 2022||Current price|
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On Nov 24, 2021 "Morgan Stanley" gave "$67.00 - $68.00" rating for DELL. The price target was set to $57.51+5.2%.
DELL Insider Trading
|Jan 06, 2022||Sell||3 799||Rios Brunilda||Class C Common Stock|
|Dec 26, 2021||Buy||1 417||Dorman David W||Class C Common Stock|
|Dec 15, 2021||Sell||374||Rios Brunilda||Class C Common Stock|
|Dec 10, 2021||Sell||91 938||Scannell William F||Class C Common Stock|
|Dec 09, 2021||Sell||73 271||Scannell William F||Class C Common Stock|
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