Dell Technologies maintains composure within $39.77 to $40.78 range

Published: January 26 2023, 03:31 GMT+0

Dell Technologies maintains composure within $39.77 to $40.78 range

A quick look at yesterday: Dell Technologies Inc. recovered back to $40.52 after dipping down to $39.77, in a session that followed Tuesday's $40.59 close value.

This uncertain state for Dell Technologies is reflected by published market data as data from United States concerning Crude Oil Inventories was released yesterday at 15:30 UTC. Newly published figures emphasized continued decline from last month's figure of 8.41 million to 533,000 this month. United States 5-Year Note Auction released yesterday at 18:00 UTC with a figure of 3.53, while the previous figure was 3.973. United States Cushing Crude Oil Inventories released yesterday at 15:30 UTC with a figure of 4.27 million, while the previous figure was 3.65 million.

Meanwhile, mixed performances were seen by other technology stocks as TSM stumbles 2.27% yesterday to close at $94.56. ASML Holding traded at $681.53 after closing yesterday's trading day at $670 (up 1.72%). Texas Instruments went down 1.13%, closed at $177.04.

Data to be released today might clear up some of the market fog as today at 13:30 UTC data for United States Core Durable Goods Orders will be released, with an expected decline to -0.2% from the preceding figure of 0.1%. United States Pending Home Sales is projected to outperform its last figure with -0.9%. It previously stood at -4%; data will be released tomorrow at 15:00 UTC. United States Core PCE Price Index (MoM) (Dec) scheduled to come out tomorrow at 13:30 UTC.

Dell Technologies hit a significant low of $33.77 around 3 months ago, but has since recovered 20.2%.