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The Significance of Moving Averages in Dell Technologies Inc Inc. (DELL) Price Performance

ALXO Stock

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 66.91%.However, over the last six months, we can see a weaker performance of 92.91%. Over the last 30 days, the price of DELL has fallen by 5.97%. And in the last five days, it has surged by 6.73%.

Dell Technologies Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $136.16 on 04/04/24, and the lowest price during the same period was recorded at $39.90 on 04/10/23.

52-week price history of DELL Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Dell Technologies Inc’s current trading price is -6.22% away from its 52-week high, while its distance from the 52-week low is 220.02%. The stock’s price range over this timeframe has been between $39.90 and $136.16. The shares of the Technology sector company recorded a trading volume of approximately 5.82 million for the day, which was comparatively lower than the average daily volume of 7.47 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Dell Technologies Inc (DELL) has experienced a quarterly rise of 68.37% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 91.14B and boasts a workforce of 120000 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 88.54, with a change in price of +54.02. Similarly, Dell Technologies Inc recorded 6,330,848 in trading volume during the last 100 days, posting a change of +73.50%.

DELL Stock Stochastic Average

Dell Technologies Inc’s raw stochastic average for the past 50 days is currently at 84.48%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 72.57%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 77.69% and 81.67%, respectively.