Delta Air Lines Stock Technical Analysis
DAL Stock | USD 47.87 0.56 1.18% |
As of the 29th of March, Delta Air shows the Downside Deviation of 2.49, mean deviation of 1.37, and Coefficient Of Variation of 795.5. Delta Air Lines technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Delta Air Lines, which can be compared to its rivals. Please confirm Delta Air Lines treynor ratio, and the relationship between the variance and potential upside to decide if Delta Air Lines is priced favorably, providing market reflects its regular price of 47.87 per share. Given that Delta Air has jensen alpha of 0.0364, we urge you to verify Delta Air Lines's prevailing market performance to make sure the company can sustain itself at a future point.
Delta Air Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Delta, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DeltaDelta |
Delta Air Analyst Consensus
Target Price | Advice | # of Analysts | |
53.94 | Strong Buy | 21 | Odds |
Most Delta analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Delta stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Delta Air Lines, talking to its executives and customers, or listening to Delta conference calls.
Delta Air technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Delta Air Lines Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Delta Air Lines volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Delta Air Lines Trend Analysis
Use this graph to draw trend lines for Delta Air Lines. You can use it to identify possible trend reversals for Delta Air as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Delta Air price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Delta Air Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Delta Air Lines applied against its price change over selected period. The best fit line has a slop of 0.11 , which may imply that Delta Air Lines will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 483.07, which is the sum of squared deviations for the predicted Delta Air price change compared to its average price change.About Delta Air Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Delta Air Lines on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Delta Air Lines based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Delta Air Lines price pattern first instead of the macroeconomic environment surrounding Delta Air Lines. By analyzing Delta Air's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Delta Air's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Delta Air specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2023 | 2024 (projected) | Dividend Yield | 0.004979 | 0.005726 | 0.00544 | Price To Sales Ratio | 0.83 | 0.44 | 0.33 |
Delta Air March 29, 2024 Technical Indicators
Most technical analysis of Delta help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Delta from various momentum indicators to cycle indicators. When you analyze Delta charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0771 | |||
Market Risk Adjusted Performance | 0.1568 | |||
Mean Deviation | 1.37 | |||
Semi Deviation | 2.07 | |||
Downside Deviation | 2.49 | |||
Coefficient Of Variation | 795.5 | |||
Standard Deviation | 2.02 | |||
Variance | 4.09 | |||
Information Ratio | 0.059 | |||
Jensen Alpha | 0.0364 | |||
Total Risk Alpha | (0.21) | |||
Sortino Ratio | 0.0479 | |||
Treynor Ratio | 0.1468 | |||
Maximum Drawdown | 12.37 | |||
Value At Risk | (2.15) | |||
Potential Upside | 3.34 | |||
Downside Variance | 6.21 | |||
Semi Variance | 4.3 | |||
Expected Short fall | (1.31) | |||
Skewness | (1.23) | |||
Kurtosis | 5.95 |
Delta Air March 29, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Delta stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 229,177 | ||
Daily Balance Of Power | 0.69 | ||
Rate Of Daily Change | 1.01 | ||
Day Median Price | 47.66 | ||
Day Typical Price | 47.73 | ||
Price Action Indicator | 0.49 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Air Lines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Delta Air Lines information on this page should be used as a complementary analysis to other Delta Air's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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When running Delta Air's price analysis, check to measure Delta Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Delta Air is operating at the current time. Most of Delta Air's value examination focuses on studying past and present price action to predict the probability of Delta Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delta Air's price. Additionally, you may evaluate how the addition of Delta Air to your portfolios can decrease your overall portfolio volatility.
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Is Delta Air's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Delta Air. If investors know Delta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Delta Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.436 | Dividend Share 0.3 | Earnings Share 7.17 | Revenue Per Share 90.842 | Quarterly Revenue Growth 0.059 |
The market value of Delta Air Lines is measured differently than its book value, which is the value of Delta that is recorded on the company's balance sheet. Investors also form their own opinion of Delta Air's value that differs from its market value or its book value, called intrinsic value, which is Delta Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Delta Air's market value can be influenced by many factors that don't directly affect Delta Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Delta Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Delta Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delta Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.