| DAL latest price $31.2000 (5.55%) ($29.5200 - $31.2900) on Fri. Jun. 24, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.3% (three month average) |
RSI | 27 |
Latest Price | $31.2000(5.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DAL advances 1.1% a day on average for past five trading days. |
Weekly Trend | DAL declines -11.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support DAL advance at 0% a week (0% probability) JETS(92%) IYT(73%) PEJ(73%) IWN(69%) IWM(67%) |
Factors Impacting DAL price | DAL will decline at least -1.65% in a week (0% probabilities). VIXM(-28%) UUP(-25%) SHY(-10%) TBT(-7%) VXX(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.65% (StdDev 3.3%) |
Hourly BBV | 1.4 () |
Intraday Trend | 5.7% |
| |
|
|