USA - New York Stock Exchange - NYSE:DAL - US2473617023 - Common Stock
We assign a technical rating of 9 out of 10 to DAL. 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.
Although DAL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
36.91
When analyzing the support we can see 3 important areas.
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 | 80.66 | POSITIVE | DAL has a high relative strength, it outperformed 80.66% 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) | 70.76 | OVERBOUGHT | The high RSI value suggests DAL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.67 | POSITIVE | The MACD value suggests DAL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.16 | OVERBOUGHT | The high Stochastics value suggests DAL may be overbought. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for DAL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.66 | NEUTRAL | The ADX value for DAL suggests a possible start of a new trend. |
69.81
-0.75 (-1.06%)
ChartMill assigns a technical rating of 9 / 10 to DAL.
The current trend direction for DELTA AIR LINES INC (DAL) is Bullish.
DELTA AIR LINES INC (DAL) has an RSI value of 70.7618. This indicates that the stock is currently overbought.
The MACD indicator for DELTA AIR LINES INC (DAL) has a value of 0.668435, indicating a bearish trend.
DELTA AIR LINES INC (DAL) has a support level at 58.08. Check the full technical report for our detailed analysis of DAL support and resistance levels.