Stock Analysis: Delta Air Lines Inc (DAL)

Stock Analysis for Delta Air Lines Inc (DAL)

The Interpreter
Hey Friend, I'm analysing DELTA AIR LINES INC (DAL), and it is between the Support of $ 45.35 (Triangle Projection Level 1) and the Resistance of $ 46.90 (Pivot). The stock is also approaching the line of Pivot at $ 46.90, and if it goes above this line it could reach the next Resistance of 100% of Fibonacci at $ 49.20.

Delta Air Lines Inc (DAL)

$ 47.94 -2.6%

Last Close 24-Apr-24

Trade DAL Now

Supports

Next Support: $ 45.35

Pivot S1: $ 44.61
Fibonacci 61.8%: $ 45.18
Triangle Level (1): $ 45.35

Resistances

Next Resistance: $ 46.90

Pivot: $ 46.90
Fibonacci 100%: $ 49.20
Triangle Level (4): $ 50.50

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 19 Jan 2024	Sell Price: 37.28	Profit: Close Day1 ($ 36.98)	Engulfing	Sell
002 02 Jan 2024	Buy Price: 40.45	Loss: Close Day2 ($ 39.21)	Piercing Line	Buy
003 28 Dec 2023	Buy Price: 40.64	Loss: Close Day2 ($ 40.44)	Piercing Line	Buy
004 12 Jul 2023	Sell Price: 47.95	Profit: Close Day1 ($ 47.71)	Engulfing	Sell
005One Year Average	Both Sides Result for 4 Signals	Loss: $ -0.90 ($ -0.23 / Signal) -2.2% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for DAL Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	48.59	SELL	2	48.29	SELL
3	48.73	SELL	3	48.35	SELL
5	48.32	SELL	5	48.24	SELL
8	47.84	BUY	8	47.99	SELL
13	47.52	BUY	13	47.61	BUY
21	47.26	BUY	21	47.00	BUY
34	45.96	BUY	34	46.02	BUY
55	44.13	BUY	55	44.70	BUY
90	42.51	BUY	90	43.19	BUY
200	40.77	BUY	200	41.02	BUY

Company Info +

Name & IPO

Delta Air Lines Inc
IPO: 2007-04-26

Stock Ticker & Exchange

Ticker: DALIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.delta.com/
Phone:

Stock Type

Common Stock

SIC Office

Energy & Transportation ()

Industry

Air Transportation, Scheduled

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.