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DELL’s Market Quandary: Decoding the Ups and Downs of 2023

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -0.75%.However, over the last six months, we can see a weaker performance of 11.10%. Over the last 30 days, the price of DELL has fallen by 4.71%. And in the last five days, it has surged by 7.53%.

The stock market performance of Dell Technologies Inc has been very steady. Over the last year, the company’s stock hit its highest at $179.70 on 05/29/24, while the lowest price during the same time frame was $80.49, recorded on 02/21/24.

52-week price history of DELL Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Dell Technologies Inc’s current trading price is -36.35% away from its 52-week high, while its distance from the 52-week low is 42.10%. The stock’s price range for this period has been between $80.49 and $179.70. The Technology sector company’s shares saw a trading volume of about 16.83 million for the day, which was higher than the average daily volume of 8.15 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Dell Technologies Inc (DELL) has experienced a quarterly decline of -16.19% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 80.26B 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 120.68, with a change in price of -3.12. Similarly, Dell Technologies Inc recorded 7,876,339 in trading volume during the last 100 days, posting a change of -2.66%.

DELL Stock Stochastic Average

As of today, the raw stochastic average of Dell Technologies Inc over the past 50 days is 52.83%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 70.86%. Additionally, the Stochastic %K and %D values for the company were 62.63% and 60.75%, respectively, over the past 20 days.

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