Relative Stregth Index (RSI)

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Stock Of The Day: Is Dell Going To Reverse?
Benzinga· 2025-10-09 14:44
Shares of Dell Technologies Inc. (NYSE:DELL) are consolidating Thursday. Yesterday, the company raised its long-term revenue and profit forecast. This drove the shares higher by more than 9%.Now they are overbought and may be on the verge of a reversal. This is why Dell is our Stock of the Day.Many trading strategies and methods are based on the concept of reversion to the mean. If a stock gets over extended in one direction, traders will enter the market because they will be anticipating a reversion or rev ...