| DAL latest price $31.0800 (2.3%) ($30.8600 - $31.9200) on Fri. Oct. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.6% (three month average) |
RSI | 66 |
Latest Price | $31.0800(2.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DAL advances 1.2% a day on average for past five trading days. |
Weekly Trend | DAL advances 2.1% a week on average for past two weeks. |
Market Behavior | Broad based 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(89%) IYT(69%) IWN(62%) PEJ(62%) IWD(61%) |
Factors Impacting DAL price | DAL will decline at least -1.3% in a week (0% probabilities). SHY(-25%) UUP(-16%) VIXM(-13%) GLD(-7%) VXX(-5%) |
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 | -1.3% (StdDev 2.6%) |
Hourly BBV | 1 () |
Intraday Trend | -1.6% |
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