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Archive - 6/6/2025 - Sign In to see current Signals. |
Delta Airlines (DAL) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Delta Airlines (DAL). During the week, the DAL gained 2.56 points, or 5.29%, and closed at 50.95 on Friday, June 6, 2025. Weekly volume was -14% below average. DAL is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See DAL long-term trend chart] A long-term uptrend had started on October 3, 2022 at 27.20 and reached 69.98 on January 22, 2025. DAL gained -42.78 points, or -157.28%, in 120 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 35.68 and resistance is at 74.93. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See DAL medium-term trend chart] A medium-term downtrend had started on January 22, 2025 at 69.98 and reached 34.74 on April 4, 2025. DAL lost 35.24 points, or 50.36%, in 10 weeks. The price is now at the 46.00% retracement level.
Weekly Technical Indicators: [See DAL weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since February 14, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See DAL short-term trend chart] A short-term downtrend had started on May 12, 2025 at 53.56 and reached 46.88 on May 23, 2025. DAL lost 6.68 points, or 12.47%, in 11 days. The chart has formed a Symmetric Triangle chart pattern.
Daily Technical Indicators: [See DAL daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since May 22, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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