| DAL latest price $31.6400 (-7.4%) ($29.7600 - $32.9900) on Wed. Jun. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.14% (three month average) |
RSI | 74 |
Latest Price | $31.6400(-7.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DAL advances 1.9% a day on average for past five trading days. |
Weekly Trend | DAL advances 19.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support DAL advance at 0% a week (0% probability) JETS(96%) PEJ(73%) IWN(71%) IWD(67%) IVE(66%) |
Factors Impacting DAL price | DAL will decline at least -4.07% in a week (0% probabilities). VIXM(-43%) UUP(-24%) VXX(-16%) TLT(-16%) SHY(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.07% (StdDev 8.14%) |
Hourly BBV | -1.1 () |
Intraday Trend | -1.7% |
| |
|
|