On Monday, Dell Technologies Cl C hit a key performance benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 85, up from 80 the day before.
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This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains tend to have an RS Rating of at least 80 as they begin their biggest price moves.
Dell Technologies Cl C has risen more than 5% past a 70.77 entry in a first-stage double bottom, meaning it's now out of a proper buy range. Look for the stock to offer a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
Dell Technologies Cl C showed -15% EPS growth in its most recent report. Sales rose 5%.
Dell Technologies Cl C earns the No. 4 rank among its peers in the Computer-Hardware/Peripherals industry group. Super Micro Computer is the No. 1-ranked stock 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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