DELL Forms Early Stage 2 Base Near Highs, Bull Flag Intact

Posted on by Eben@CANSLIM Research
DELL daily stock chart with 10, 20, 50, 150 and 200-day moving averages, volume and RS line versus SPY, Stage 2 (Advancing), as of August 31, 2026 at 01:08 — CANSLIM Research
Eben@CANSLIM Research's avatarEben@CANSLIM Research

DELL is trading in a well-defined Stage 2 uptrend, holding above a sharply rising 30-week moving average with the price just 4.5% off its 52-week high. The market is focused on a two-week consolidation pattern that has yet to produce a full breakout, though a bull flag formation is present after a 33.8% run. Overall sentiment is bullish, supported by a strong trend template score of 7 out of 8, with the only miss being relative strength not yet at a three-month high.

Technical Analysis

As of 2026-08-27 · Close $472.26

Stage Analysis

Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 23.29%)

Detected Patterns — What the Market Is Watching

  • Consolidation (not yet a fully-formed base) — depth 12.4%, length 2 weeks, pivot $494.51
  • Bull Flag after a 33.8% run, currently 4.5% off the flag high

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