Dell Price Levels to Watch as Stock Plunges After Earnings

1 hour ago

Dell (DELL) shares tumbled in premarket trading Wednesday after the server and personal computer maker reported fiscal 2025 third-quarter revenue that came in below Wall Street expectations.

Since bottoming out below the 200-day moving average (MA) in early August, Dell shares have trended higher within a rising wedge, a chart pattern that may signal a potential reversal upon a breakdown below the formation’s lower trendline.

While the relative strength index (RSI) indicates positive price momentum with a reading above 60, the indicator turned downwards ahead of earnings as the stock’s price ran into selling pressure near the rising wedge pattern’s top trendline.

Investors should watch key support levels on Dell's chart around $130, $105, and $87. while also monitoring an important overhead area near $180.

Dell shares were down 12% at $125 in recent premarket trading.

Read the full technical analysis piece here.

–Timothy Smith

Major Index Stock Futures Little Changed

1 hr 40 min ago

Futures tied to the Dow Jones Industrial Average were up 0.1%.

S&P 500 futures were down 0.1%.

Nasdaq 100 futures were down 0.2%.

Take the Next Step to Invest Advertiser Disclosure × The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.