DELTA AIR LINES INC (DAL) Stock Technical Analysis
NYSE:DAL - New York Stock Exchange, Inc. - US2473617023 - Common Stock - Currency: USD
Overall DAL gets a technical rating of 4 out of 10. 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.
74% of all other stocks performed better in the past year than DAL.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
DAL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
DAL has an average volume of 13677200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DAL is an average performer in the Passenger Airlines industry, it outperforms 50% of 23 stocks in the same industry.
DAL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DAL is lagging the market slightly.
DAL has only a medium technical rating, but it does show a decent setup pattern. 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 very little resistance above the current price. There is a support zone below the current price at 49.97, a Stop Loss order could be placed below this zone.
More info and screens
36.91
53.53
We found 3 important support areas.
- A support zone ranging from 49.93 to 49.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.07 to 46.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 37.28 to 37.87. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @50.93 from a horizontal line in the weekly time frame.
- Resistance @51.81 from a trend line in the daily time frame.
- Resistance @53.00 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.53
Mansfield-0.73
10 Day High53.56
10 Day Low44.78
20 Day High53.56
20 Day Low39.94
52 Week High69.98
52 Week Low34.74
Performance
1 Week-5.68%
2 Weeks11.54%
1 Month23.9%
3 Month-16.7%
6 Month-21.09%
12 Month-3.59%
2 Year37.57%
3 Year19.88%
5 Year98.25%
10 Year16.45%
15 Year268.04%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.64
RSI(14)59.63
LBB41.7
UBB54.76
49.98
-1.21 (-2.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-2.36%
1 Week-5.68%
2 Weeks11.54%
1 Month23.9%
3 Month-16.7%
6 Month-21.09%
12 Month-3.59%
2 Year37.57%
3 Year19.88%
5 Year98.25%
10 Year16.45%
15 Year268.04%
Volatility
ATR(14)2.13
ATR(20)%4.05%
ATR Inc-28.74%
Range Today1.56
ADR(20)1.76
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.53
Mansfield-0.73
10 Day High53.56
10 Day Low44.78
20 Day High53.56
20 Day Low39.94
52 Week High69.98
52 Week Low34.74
CS1 End49.97
CR1 Start50.93
Volume & EV
DER(3)1.9%
DER(5)0.29%
Volume9.06M
Volume Incr-16.41%
Vol(5)9.49M
Vol(50)13.68M