DELTA AIR LINES INC. - 1H - Technical analysis published on 01/20/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 40.92 USD
My targets
41.93 USD (+1.40%)
42.91 USD (+3.77%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DELTA AIR LINES INC. as long as the price remains well above 40.92 USD. The buyers” bullish objective is set at 41.93 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 42.91 USD. If there is any crossing, the next objective would be the resistance located at 43.48 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
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This analysis was given by sp3gibbs. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DELTA AIR LINES INC. price is 41.35 USD. The price has increased by +2.58% since the last closing and was between 40.50 USD and 41.35 USD. This implies that the price is at +2.10% from its lowest and at 0% from its highest.40.50
41.35
41.35
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DELTA AIR LINES INC.:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of DELTA AIR LINES INC. in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 38.90 | 40.26 | 40.92 | 41.35 | 41.93 | 42.91 | 43.48 |
| Change (%) | -5.93% | -2.64% | -1.04% | - | +1.40% | +3.77% | +5.15% |
| Change | -2.45 | -1.09 | -0.43 | - | +0.58 | +1.56 | +2.13 |
| Level | Intermediate | Major | Major | - | Minor | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 39.01 | 39.40 | 39.86 | 40.25 | 40.71 | 41.10 | 41.56 |
| Camarilla | 40.08 | 40.15 | 40.23 | 40.31 | 40.39 | 40.47 | 40.54 |
| Woodie | 39.04 | 39.42 | 39.89 | 40.27 | 40.74 | 41.12 | 41.58 |
| Fibonacci | 39.40 | 39.73 | 39.93 | 40.25 | 40.58 | 40.78 | 41.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.63 | 36.77 | 38.37 | 40.51 | 42.11 | 44.25 | 45.85 |
| Camarilla | 38.95 | 39.29 | 39.64 | 39.98 | 40.32 | 40.67 | 41.01 |
| Woodie | 34.37 | 36.64 | 38.11 | 40.38 | 41.85 | 44.12 | 45.59 |
| Fibonacci | 36.77 | 38.20 | 39.08 | 40.51 | 41.94 | 42.82 | 44.25 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 33.19 | 36.02 | 38.11 | 40.94 | 43.03 | 45.86 | 47.95 |
| Camarilla | 38.86 | 39.31 | 39.76 | 40.21 | 40.66 | 41.11 | 41.56 |
| Woodie | 32.83 | 35.84 | 37.75 | 40.76 | 42.67 | 45.68 | 47.59 |
| Fibonacci | 36.02 | 37.90 | 39.06 | 40.94 | 42.82 | 43.98 | 45.86 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 56.21 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 6.52 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 40.73 | |
| Parabolic SAR (0,02-0,02-0,2): | 39.88 | |
| Elder Ray (13): | 0.28 | |
| Super Trend (3,10): | 41.61 | |
| Zig ZAG (10): | 41.19 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 95.42 | |
| TEMA (21): | 40.74 | |
| Williams %R (14): | -4.00 | |
| Chande Momentum Oscillator (20): | 0.96 | |
| Repulse (5,40,3): | 1.7900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 2.72 |
| MA7: | 40.41 | |
| MA20: | 40.09 | |
| MA50: | 39.74 | |
| MA100: | 35.64 | |
| MAexp7: | 40.66 | |
| MAexp20: | 40.64 | |
| MAexp50: | 40.52 | |
| MAexp100: | 40.44 | |
| Price / MA7: | +2.33% | |
| Price / MA20: | +3.14% | |
| Price / MA50: | +4.05% | |
| Price / MA100: | +16.02% | |
| Price / MAexp7: | +1.70% | |
| Price / MAexp20: | +1.75% | |
| Price / MAexp50: | +2.05% | |
| Price / MAexp100: | +2.25% |
Quotes :
2021-01-20 16:53:07
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15 min delayed data
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NYSE Stocks
News
The last news published on DELTA AIR LINES INC. at the time of the generation of this analysis was as follows:
- Delta Air Lines Announces December Quarter and Full Year 2020 Financial Results
- Delta Air Lines Announces Webcast of December Quarter and Full Year 2020 Financial Results
- Thinking about buying stock in Xenetic Biosciences, Sundial Growers, Norwegian Cruise Line, Delta Air Lines, or Callon Petroleum?
- Thinking about buying stock in Altimmune, General Electric, Moderna, Delta Air Lines, or Norwegian Cruise Line?
- Thinking about buying stock in Titan Pharmaceuticals, Norwegian Cruise Line, Delta Air Lines, Zomedica, or Sundial Growers?
This member declared not having a position on this financial instrument or a related financial instrument.
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