DELTA AIR LINES INC (DAL)

US2473617023 - Common Stock

49.92  +0.04 (+0.08%)

After market: 49.87 -0.05 (-0.1%)

Technical Rating and Analysis

10

Overall DAL gets a technical rating of 10 out of 10. 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.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, DAL did better than 91% of all other stocks.
DAL is one of the better performing stocks in the Passenger Airlines industry, it outperforms 95% of 24 stocks in the same industry.
A new 52 week high is currently being made by DAL, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so DAL is leading the market.
In the last month DAL has a been trading in the 45.45 - 50.24 range, which is quite wide. It is currently trading near the high of this range.
DAL has an average volume of 10338800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
DAL Weekly chart
DAL Daily chart
Setup Rating and Analysis

6

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. There is a support zone below the current price at 48.25, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

31.27

50.42

We found 4 important support areas.

  • A support zone ranging from 47.56 to 48.25. 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 45.87 to 46.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 44.42 to 45.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 31.59 to 31.85. This zone is formed by a combination of multiple trend lines in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.31
Mansfield1.13
10 Day High50.24
10 Day Low45.64
20 Day High50.24
20 Day Low45.45
52 Week High50.24
52 Week Low30.6
Performance
1 Week4.94%
2 Weeks6.53%
1 Month4.28%
3 Month25.97%
6 Month62.87%
12 Month45.5%
2 Year16.01%
3 Year6.39%
5 Year-14.36%
10 Year35.54%
15 Year709.08%
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)0.11
RSI(14)65.96
LBB45.58
UBB50.21
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.

ENTRYEXITDISTANCECAPITAL
50.2547.552.70 (5.37%)18.61%
An entry @50.25. This is a Buy Stop order right above the 10 day high.An exit @47.55. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 2.70 points, which is 5.37%.When investing 18.61% 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 Daily chart

DELTA AIR LINES INC

NYSE:DAL (4/26/2024, 7:04:00 PM)

After market: 49.87 -0.05 (-0.1%)

49.92

+0.04 (+0.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg0.08%
1 Week4.94%
2 Weeks6.53%
1 Month4.28%
3 Month25.97%
6 Month62.87%
12 Month45.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.67
ATR(20)%3.23%
ATR Inc
Range Today1.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High50.24
10 Day Low45.64
20 Day High50.24
20 Day Low45.45
52 Week High50.24
52 Week Low30.6
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume9.98M
Volume Incr-12.37%
Vol(5)10.87M
Vol(50)10.34M