Dell Technologies Cl C saw a positive improvement to its Relative Strength (RS) Rating on Monday, with an upgrade from 74 to 85.
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IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the top-performing stocks tend to have an 80 or higher RS Rating as they launch their biggest runs.
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 create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
The company reported -15% earnings growth in its most recent report. Revenue increased 5%.
The company earns the No. 6 rank among its peers in the Computer-Hardware/Peripherals industry group. Super Micro Computer, D-Wave Quantum and Logitech International 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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