DELTA AIR LINES INC. - Daily - Technical analysis published on 11/29/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 33.28 USD
My targets
36.08 USD (+4.37%)
40.80 USD (+18.02%)
My analysis
DELTA AIR LINES INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 33.28 USD. The next resistance located at 36.08 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 40.80 USD. After this resistance, buyers could then target 42.23 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
5.9
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Additional analysis
Quotes
The DELTA AIR LINES INC. price is 34.57 USD. The price has increased by +2.07% since the last closing and was between 33.88 USD and 34.72 USD. This implies that the price is at +2.04% from its lowest and at -0.43% from its highest.33.88
34.72
34.57
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DELTA AIR LINES INC.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of DELTA AIR LINES INC. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 30.47 | 31.98 | 33.28 | 34.57 | 36.08 | 40.80 | 42.23 |
Change (%) | -11.86% | -7.49% | -3.73% | - | +4.37% | +18.02% | +22.16% |
Change | -4.10 | -2.59 | -1.29 | - | +1.51 | +6.23 | +7.66 |
Level | Major | Major | Minor | - | Major | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 32.47 | 33.17 | 33.52 | 34.22 | 34.57 | 35.27 | 35.62 |
Camarilla | 33.58 | 33.68 | 33.77 | 33.87 | 33.97 | 34.06 | 34.16 |
Woodie | 32.30 | 33.08 | 33.35 | 34.13 | 34.40 | 35.18 | 35.45 |
Fibonacci | 33.17 | 33.57 | 33.82 | 34.22 | 34.62 | 34.87 | 35.27 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 32.48 | 33.11 | 34.12 | 34.75 | 35.76 | 36.39 | 37.40 |
Camarilla | 34.67 | 34.82 | 34.97 | 35.12 | 35.27 | 35.42 | 35.57 |
Woodie | 32.66 | 33.21 | 34.30 | 34.85 | 35.94 | 36.49 | 37.58 |
Fibonacci | 33.11 | 33.74 | 34.13 | 34.75 | 35.38 | 35.77 | 36.39 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 21.18 | 24.19 | 29.06 | 32.07 | 36.94 | 39.95 | 44.82 |
Camarilla | 31.76 | 32.49 | 33.21 | 33.93 | 34.65 | 35.38 | 36.10 |
Woodie | 22.11 | 24.66 | 29.99 | 32.54 | 37.87 | 40.42 | 45.75 |
Fibonacci | 24.19 | 27.20 | 29.06 | 32.07 | 35.08 | 36.94 | 39.95 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 55.46 | |
MACD (12,26,9): | 0.5400 | |
Directional Movement: | 6.39 | |
AROON (14): | 21.43 | |
DEMA (21): | 34.80 | |
Parabolic SAR (0,02-0,02-0,2): | 32.86 | |
Elder Ray (13): | 0.03 | |
Super Trend (3,10): | 32.02 | |
Zig ZAG (10): | 34.52 | |
VORTEX (21): | 0.9400 | |
Stochastique (14,3,5): | 49.64 | |
TEMA (21): | 34.82 | |
Williams %R (14): | -51.40 | |
Chande Momentum Oscillator (20): | -0.95 | |
Repulse (5,40,3): | 0.2000 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.3000 | |
Courbe Coppock: | 5.35 |
MA7: | 34.42 | |
MA20: | 34.02 | |
MA50: | 32.17 | |
MA100: | 32.27 | |
MAexp7: | 34.41 | |
MAexp20: | 34.01 | |
MAexp50: | 33.13 | |
MAexp100: | 33.18 | |
Price / MA7: | +0.44% | |
Price / MA20: | +1.62% | |
Price / MA50: | +7.46% | |
Price / MA100: | +7.13% | |
Price / MAexp7: | +0.46% | |
Price / MAexp20: | +1.65% | |
Price / MAexp50: | +4.35% | |
Price / MAexp100: | +4.19% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on DELTA AIR LINES INC. at the time of the analysis were as follows:
- Thinking about buying stock in Reviva Pharmaceuticals, Charge Enterprises, Applied DNA Sciences, Delta Air Lines, or FibroGen?
- Thinking about buying stock in Oblong, Pulse Biosciences, Inmode, Richardson Electronics, or Delta Air Lines?
- Delta Air Lines Announces September Quarter 2022 Profit
- Thinking about buying stock in Acumen Pharmaceuticals, Delta Air Lines, Blue Apron, United Airlines, or SeaSpine Holdings?
- Delta Air Lines Announces Webcast of September Quarter Financial Results
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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