Dell Technologies Shows Rising Relative Price Performance; Still Shy Of Key Benchmark

Dell Technologies (DELL) had its Relative Strength (RS) Rating upgraded from 67 to 77 Tuesday — a welcome improvement, but still below the 80 or higher score you look for.


When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.

This unique rating identifies technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock’s price performance over the trailing 52 weeks compares to other publicly traded companies.

Decades of market research shows that the best stocks typically have an RS Rating of at least 80 as they begin their biggest runs. See if Dell Technologies can continue to rebound and clear that threshold.

See How IBD Helps You Make More Money In Stocks

Dell Technologies broke out earlier, but has fallen back below the prior 100.93 entry from a cup with handle. If a stock you’re tracking climbs above a buy point then declines 7% or more below the original entry price, it’s considered a failed base. It’s best to wait for the stock to form a new base and breakout. Also understand that the latest consolidation is a later-stage base, which makes it riskier to establish a new position or add shares to an existing one.

Earnings growth slowed last quarter from 59% to 17%. But sales moved higher, from 12% to 15%.

The company earns the No. 1 rank among its peers in the Computer-Hardware/Peripherals industry group.


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