| DAL latest price $22.5700 (-6.43%) ($20.5000 - $22.7900) on Mon. May. 4, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.36% (three month average) |
RSI | 45 |
Latest Price | $22.5700(-6.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DAL advances 0.3% a day on average for past five trading days. |
Weekly Trend | DAL advances 2.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support DAL advance at 0% a week (0% probability) JETS(96%) PEJ(75%) IWN(73%) IWD(68%) XAR(68%) |
Factors Impacting DAL price | DAL will decline at least -3.68% in a week (0% probabilities). VIXM(-43%) UUP(-26%) VXX(-16%) TLT(-16%) SHY(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.68% (StdDev 7.36%) |
Hourly BBV | -0.9 () |
Intraday Trend | 6.9% |
| |
|
|