DELTA AIR LINES INC (DAL) Technical Analysis
NYSE:DAL • US2473617023
Current stock price
DAL Technical Rating and Analysis
Taking everything into account, DAL scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, DAL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, DAL did better than 86% of all other stocks. On top of that, DAL also shows a nice and consistent pattern of rising prices.
- DAL is one of the better performing stocks in the Passenger Airlines industry, it outperforms 85% of 22 stocks in the same industry.
- DAL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DAL is lagging the market slightly.
- In the last month DAL has a been trading in the 62.95 - 75.02 range, which is quite wide. It is currently trading near the high of this range.
- DAL has an average volume of 12705400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DAL Weekly and Daily overview Charts
DAL Setup Rating and Analysis
DAL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
DAL Support and Resistance Analysis
58.50
We found 5 important support areas.
- A support zone ranging from 69.29 to 69.31. 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 66.74 to 67.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @63.19 from a horizontal line in the daily time frame.
- Support @61.42 from a trend line in the weekly time frame.
- Support @59.09 from a trend line in the daily time frame.
DAL Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for DAL is up. |
| ChartMill Relative Strength | 86.4 | POSITIVE | DAL has a high relative strength, it outperformed 86.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DAL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DAL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DAL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.51 | NEUTRAL | The RSI value for DAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests DAL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.75 | NEUTRAL | The Stochastics value for DAL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.23 | MEDIUM VOLATILITY | The ATR as a percentage value for DAL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.73 | NEGATIVE | The low ADX value for DAL suggests a weak or negative trend. |
DAL Chart- and CandleStick Pattern Analysis
DAL Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 75.03 | 69.28 | 5.75 (7.66%) | 13.05% |
| An entry @75.03. This is a Buy Stop order right above the 10 day high. | An exit @69.28. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.75 points, which is 7.66%. | When investing 13.05% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DAL Technicals: Chart, Performance Metrics, Trend & Indicators
71.21
-0.51 (-0.71%)
DELTA AIR LINES INC / DAL TA FAQ
What is the technical rating for DAL stock?
ChartMill assigns a technical rating of 10 / 10 to DAL.
What is the current trend direction of DELTA AIR LINES INC (DAL) stock?
The current trend direction for DELTA AIR LINES INC (DAL) is Bullish.
Can you provide the RSI signal for DELTA AIR LINES INC?
DELTA AIR LINES INC (DAL) has an RSI value of 59.5051. This indicates that the stock is currently neutral.
What is the MACD signal for DAL stock?
The MACD indicator for DELTA AIR LINES INC (DAL) has a value of 0.533943, indicating a bearish trend.
What is the short term momentum for DELTA AIR LINES INC (DAL) stock?
The short term momentum for DELTA AIR LINES INC (DAL) is positive.