How Will the Market React to Dell Technologies Inc (DELL) Stock Getting a Bullish Rating

The market has been high on Dell Technologies Inc (DELL) stock recently. DELL gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Dell Technologies Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on DELL!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With DELL Stock Today?

Dell Technologies Inc (DELL) stock is trading at $44.60 as of 3:32 PM on Wednesday, Nov 23, an increase of $0.75, or 1.7% from the previous closing price of $43.85. The stock has traded between $43.54 and $45.33 so far today. Volume today is 3,768,168 compared to average volume of 3,190,874. To see InvestorsObserver's Sentiment Score for Dell Technologies Inc click here.

More About Dell Technologies Inc

Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises. It is focused on premium personal computers and enterprise on-premises data center hardware. It holds top-three shares in its core markets of personal computers, peripheral displays, mainstream servers, and external storage. Dell is vertically-integrated but has a robust ecosystem of component and assembly partners, and also relies heavily on channel partners to fulfill its sales. Click Here to get the full Stock Report for Dell Technologies Inc stock.