DELTA AIR LINES INC (DAL) Technical Analysis
NYSE:DAL • US2473617023
Current stock price
DAL Technical Rating and Analysis
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.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that DAL is one of the better performing stocks in the market, outperforming 83% of all stocks. We also observe that the gains produced by DAL over the past year are nicely spread over this period.
- DAL is part of the Passenger Airlines industry. There are 22 other stocks in this industry. DAL outperforms 100% of them.
- 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 65.05 - 75.02 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- DAL has an average volume of 12533800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
DAL Weekly and Daily overview Charts
DAL Setup Rating and Analysis
Besides having an excellent technical rating, DAL 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 67.15, a Stop Loss order could be placed below this zone.
More info and screens
DAL Support and Resistance Analysis
58.19
When analyzing the support we can see 3 important areas.
- A support zone ranging from 66.14 to 67.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @61.86 from a trend line in the weekly time frame.
- A support zone ranging from 58.78 to 59.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @71.11 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 | NEUTRAL | NEUTRAL | The short term trend for DAL is neutral. |
| ChartMill Relative Strength | 83.57 | POSITIVE | DAL has a high relative strength, it outperformed 83.57% 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) | 53.6 | NEUTRAL | The RSI value for DAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests DAL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.32 | NEUTRAL | The Stochastics value for DAL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for DAL suggests some volalility. |
| Average Directional Index/ADX (14) | 12.3 | 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 |
|---|---|---|---|
| 71.12 | 66.13 | 4.99 (7.02%) | 14.25% |
| An entry @71.12. This is a Buy Stop order right above the resistance zone. | An exit @66.13. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.99 points, which is 7.02%. | For a 1.00% total portfolio risk, you can invest 14.25% of your capital in this trade. |
- 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
68.98
+0.99 (+1.46%)
DELTA AIR LINES INC / DAL TA FAQ
What is the technical rating for DAL stock?
ChartMill assigns a technical rating of 9 / 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 53.595. 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 -0.300806, 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 neutral.