| DAL latest price $34.6700 (1.7%) ($33.7000 - $34.7500) on Fri. Oct. 28, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.49% (three month average) |
RSI | 85 |
Latest Price | $34.6700(1.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DAL advances 1.3% a day on average for past five trading days. |
Weekly Trend | DAL advances 6.7% 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(90%) IYT(69%) IWN(63%) IWM(62%) PAVE(62%) |
Factors Impacting DAL price | DAL will decline at least -1.245% in a week (0% probabilities). SHY(-25%) UUP(-15%) VIXM(-12%) GLD(-7%) UNG(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.245% (StdDev 2.49%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.8% |
| |
|
|