Dell Technologies Inc DELL will report third-quarter results on Tuesday. Wall Street expects earnings per share of $2.05 and revenue of $24.65 billion, the company reported after market hours.

The stock is up 93.61% over the past year and 19.48% over the past month.

Let’s take a look at what the charts indicate for Dell stock and how the stock currently compares to Wall Street estimates.

Also Read: How to Make $500 a Month on Dell Stock Before Q3 Earnings

Dell tech setup ahead of Q3 earnings

Dell stock is showing a strong bullish trend, with the stock price at $144.16 comfortably above the five-day, twenty-day, and fifty-day exponential moving averages.

Chart created with Benzinga Pro

This upside momentum is reinforced by the eight-day simple moving average (SMA) of $137.40, the 20-day SMA of $134.40, and the 50-day SMA of $126.41, all of which indicate continued bullish strength.

Furthermore, the stock remains well above its 200-day SMA of $122.23, underscoring its long-term upside momentum.

While the Moving Average Convergence Divergence (MACD) of 4.36 confirms the bullish trend, and the RSI of 66.17 indicates strong buying momentum, the RSI’s proximity to overbought territory indicates a risk of bearish consolidation.

Slight selling pressure also indicates potential short-term volatility. While the trend remains solidly bullish, investors should watch for signs of cooling as stocks approach overbought levels.

Analysts see a 7% increase

Ratings and consensus estimates: The analyst consensus rating for Dell stock currently stands at a Buy level with a price target of $121.73. Recent analyst ratings from Evercore ISI Group, Wells Fargo, and Morgan Stanley indicate an average price target of $154.67 for Dell stock, implying an upside of 7%.

Price promotion: Dell shares closed the trading day Monday at $144.16, down 0.03%.

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