BIT:DAL - Euronext Milan - IT0004053440 - Common Stock - Currency: EUR
We assign a technical rating of 2 out of 10 to DAL. Recently some decent action could be observed, but in the medium term time frame this is still negative. DAL was also a bad performer in the overall market in the last year.
Although the technical rating is bad, DAL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 4.49, a Stop Loss order could be placed below this zone.
4.43
When analyzing the support we notice one important area.
4 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for DAL.MI is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DAL.MI is neutral. |
ChartMill Relative Strength | 22.32 | NEGATIVE | DAL.MI has a low relative strength, it was outperformed by 77.68% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of DAL.MI is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DAL.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DAL.MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 49.39 | NEUTRAL | The RSI value for DAL.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DAL.MI has a negative trend. |
Stochastics (14,3) | 16.59 | OVERSOLD | The low Stochastics value suggests DAL.MI may be oversold. |
Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for DAL.MI suggests some volalility. |
Average Directional Index/ADX (14) | 14.05 | NEGATIVE | The low ADX value for DAL.MI suggests a weak or negative trend. |
BIT:DAL (6/4/2025, 5:29:46 PM)
4.495
0 (-0.11%)