DELTA AIR LINES INC (DAL) Stock Technical Analysis
NYSE:DAL - US2473617023 - Common Stock
60.55 USD
-0.72 (-1.18%)
60.58 USD
+0.03 (+0.05%)
Taking everything into account, DAL scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DAL is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
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.
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 9154060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, DAL did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
DAL is an average performer in the Passenger Airlines industry, it outperforms 50% of 23 stocks in the same industry.
DAL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
36.91
62.39
We found 4 important support areas.
- Support @57.83 from a horizontal line in the daily time frame.
- A support zone ranging from 55.60 to 56.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.19 from a trend line in the weekly time frame.
- Support @37.28 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 60.91 to 61.77. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The short term trend for DAL is up. |
| ChartMill Relative Strength | 85.9 | POSITIVE | DAL has a high relative strength, it outperformed 85.9% 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) | DOWN | MIXED | The current price of DAL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.14 | NEUTRAL | The RSI value for DAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests DAL has a negative trend. |
| Stochastics (14,3) | 59.06 | NEUTRAL | The Stochastics value for DAL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for DAL suggests some volalility. |
| Average Directional Index/ADX (14) | 28.82 | POSITIVE | The high ADX value value for DAL suggests a strong trend. |
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)
60.55
-0.72 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-1.18%
1 Week-1.16%
2 Weeks2.54%
1 Month11.88%
3 Month18.84%
6 Month13.64%
12 Month44.06%
2 Year63.65%
3 Year115.79%
5 Year98.01%
10 Year34.95%
15 Year420.19%
Volatility
ATR(14)1.91
ATR(20)%3.23%
ATR Inc43.81%
Range Today2.31
ADR(20)1.8
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.9
Mansfield0.11
10 Day High63.91
10 Day Low57.59
20 Day High63.91
20 Day Low52.88
52 Week High69.98
52 Week Low34.74
CS1 End57.83
CR1 Start60.91
Volume & EV
DER(3)2.4%
DER(5)1.75%
Volume7.02M
Volume Incr-11.65%
Vol(5)6.36M
Vol(50)9.15M