For Company Research, enter symbol or keyword and choose type of research:    Symbol Search
Delta Air Lines Inc
(NYSE: DAL) Add to Portfolio
$58.05
+0.37 (+0.64%)
as of 14:11 EDT

Delta Air Li Set to Possibly Pullback After Yesterday's Rally of 1.75%

Delta Air Li (NYSE:DAL) traded in a range yesterday that spanned from a low of $59.56 to a high of $63.01. Yesterday, the shares gained 1.8%, which took the trading range above the 3-day high of $62.24 on volume of 4.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, Delta Air Li share prices have been bracketed by a low of $45.08 and a high of $63.01 and are now at $62.88, 39% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of Delta Air Li on June 13th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $56.46. Since that recommendation, shares of Delta Air Li have risen 9.3%. We continue to monitor DAL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to SmarTrend at cs@mysmartrend.com

---------------------------------------------------------------------------------------------

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

© 2019 Market data provided and hosted by Barchart Market Data Solutions. Fundamental company data provided by Morningstar and Zacks Investment Research. SEC Filings provided by Edgar Online. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.