Dell Technologies Cl C had its Relative Strength (RS) Rating upgraded from 63 to 71 Monday — a welcome improvement, but still shy of the 80 or higher score you look for.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 as they begin their biggest price moves. See if Dell Technologies Cl C can continue to rebound and hit that benchmark.
Dell Technologies Cl C is now considered extended and out of buy range after clearing a 70.77 buy point in a first-stage double bottom. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
Dell Technologies Cl C posted -15% EPS growth in its most recent report, while sales growth came in at 5%.
Dell Technologies Cl C earns the No. 6 rank among its peers in the Computer-Hardware/Peripherals industry group. D-Wave Quantum, Super Micro Computer and IonQ are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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