DELTA AIR LINES INC (DAL) Stock Technical Analysis
USA - NYSE:DAL - US2473617023 - Common Stock
Overall DAL gets a technical rating of 3 out of 10. In the last year, DAL was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is bad, DAL does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 59.05, a Stop Loss order could be placed below this zone.
More info and screens
36.91
When analyzing the support we can see 2 important areas.
- A support zone ranging from 55.64 to 57.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.28 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @60.37 from a trend line in the weekly time frame.
- A resistance zone ranging from 61.97 to 62.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | UP | POSITIVE | The long term trend for DAL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DAL is neutral. |
| ChartMill Relative Strength | 32.04 | NEUTRAL | DAL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DAL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DAL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DAL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.19 | NEUTRAL | The RSI value for DAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests DAL has a positive trend. |
| Stochastics (14,3) | 64.45 | NEUTRAL | The Stochastics value for DAL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for DAL suggests some volalility. |
| Average Directional Index/ADX (14) | 12.42 | NEGATIVE | The low ADX value for DAL suggests a weak or negative trend. |
58.41
-1.5 (-2.5%)
DELTA AIR LINES INC / DAL FAQ
What is the technical rating for DAL stock?
ChartMill assigns a technical rating of 3 / 10 to DAL.
What is the trend direction for DAL stock?
The current trend direction for DELTA AIR LINES INC (DAL) is Bullish.
What is the RSI signal for DELTA AIR LINES INC (DAL) stock?
DELTA AIR LINES INC (DAL) has an RSI value of 53.185. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DELTA AIR LINES INC?
The MACD indicator for DELTA AIR LINES INC (DAL) has a value of 0.14071, indicating a bearish trend.
Can you provide the support and resistance levels for DELTA AIR LINES INC?
DELTA AIR LINES INC (DAL) has a support level at 59.05 and a resistance level at 60.37. Check the full technical report for our detailed analysis of DAL support and resistance levels.