| DAL latest price $30.4300 (-1.52%) ($30.1100 - $31.3100) on Wed. Nov. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.02% (three month average) |
RSI | 48 |
Latest Price | $30.4300(-1.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DAL advances 0.5% a day on average for past five trading days. |
Weekly Trend | DAL declines -1.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support DAL advance at 0% a week (0% probability) JETS(95%) PEJ(74%) IYT(70%) IWN(69%) IWM(66%) |
Factors Impacting DAL price | DAL will decline at least -1.51% in a week (0% probabilities). VIXM(-43%) UUP(-26%) VXX(-15%) TLT(-10%) EDOC(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.51% (StdDev 3.02%) |
Hourly BBV | -0.3 () |
Intraday Trend | -1.6% |
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