The Relative Strength (RS) Rating for Dell Technologies Cl C headed into a new percentile Tuesday, as it got a lift from 68 to 71.
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This exclusive rating from Investor's Business Daily tracks share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an 80 or higher RS Rating as they begin their biggest runs. See if Dell Technologies Cl C can continue to rebound and clear that threshold.
Dell Technologies Cl C has climbed 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 chance to get in like a three-weeks tight or pullback to the 50-day or 10-week line.
The company showed -15% EPS growth in its most recent report, while sales growth came in at 5%. Keep an eye out for the company's next round of numbers on or around Aug. 28.
Dell Technologies Cl C holds the No. 7 rank among its peers in the Computer-Hardware/Peripherals industry group. Logitech International, D-Wave Quantum and Dell Technologies Cl C 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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