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Dell Technologies Inc. Stock Forecast NYSE:DELL

$55.57 (-3.19%)

Volume: 4M

Closed: Jan 21, 2022

Hollow Logo Score: -1.181

Dell Technologies Inc. Stock Forecast

$55.57 (-3.19%)

Volume: 4M

Closed: Jan 21, 2022

Score Hollow Logo -1.181
Which way will DELL go? Request

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)

Live Samples:

Bollinger Bottleneck Buy Pattern 1
Bollinger Bottleneck Buy Pattern 2
Bollinger Bottleneck Sell Pattern

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.

Source: http://www.bollingerbands.com

Key Stats
P/E Ratio 6.12
Beta 1.05
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 47 and the stock is currently not being overbought or oversold

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: -1.181

Sell 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
$56.03 $55.57 (Undervalued)

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Analyst Ratings

On Nov 24, 2021 "Morgan Stanley" gave "$67.00 - $68.00" rating for DELL. The price target was set to $57.51+5.2%.

Volatility and Risk
Daily Average Volatility: 3.04 %
Overall Risk: Very High High Medium Low Very Low
Volatility
3.04 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $56.70
Price: $55.57
Support: $55.20

DELL Insider Trading Show all Trades

INSIDER POWER

-41.414

Last 100 transactions
Buy: 7 456 917 | Sell: 18 424 169 (Shares)
Date Action Amount Person Type
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
Show all Insider Trades
INSIDER POWER

-41.414

Last 100 transactions
Buy: 7 456 917 | Sell: 18 424 169 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 58.02 4.40 %
57.26 3.03 %
56.79 2.19 %
Current price: 55.57
Support 55.27 -0.55 %
54.80 -1.39 %
54.04 -2.76 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 59.88 7.76 %
57.30 3.11 %
56.70 2.03 %
Current price 55.57
Support 55.20 -0.67%
55.13 -0.79%
54.61 -1.73%

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