| DAL latest price $35.0200 (-5.45%) ($34.7300 - $36.8000) on Wed. Nov. 11, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.64% (three month average) |
RSI | 53 |
Latest Price | $35.0200(-5.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DAL advances 2.7% a day on average for past five trading days. |
Weekly Trend | DAL advances 4.5% 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%) IWN(69%) IYT(69%) IWM(65%) |
Factors Impacting DAL price | DAL will decline at least -1.82% in a week (0% probabilities). VIXM(-42%) UUP(-26%) VXX(-14%) TLT(-9%) EDOC(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.82% (StdDev 3.64%) |
Hourly BBV | -2 () |
Intraday Trend | -4.4% |
| |
|
|