Londinia Opportunities Analyses - 06/18/2021 (GMT) DELTA AIR LINES INC. - 1H

DELTA AIR LINES INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Type: Stocks
Ticker: DAL
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 44.91 USD
My targets
44.30 USD (-0.69%)
43.61 USD (-2.24%)
My analysis
The bearish trend is currently very strong for DELTA AIR LINES INC.. As long as the price remains below the resistance at 44.91 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 44.30 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 43.61 USD as an objective. Crossing it would then enable sellers to target 42.99 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.9

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The DELTA AIR LINES INC. price is 44.61 USD. The price registered an increase of +0.09% on the session and was between 43.95 USD and 44.88 USD. This implies that the price is at +1.50% from its lowest and at -0.60% from its highest.

43.95
44.88
44.61

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this 1H chart of DELTA AIR LINES INC. indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour


Horizontal support is broken

Type : Bearish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 42.99 43.61 44.30 44.61 44.91 45.53 46.00
Change (%) -3.63% -2.24% -0.69% - +0.67% +2.06% +3.12%
Change -1.62 -1.00 -0.31 - +0.30 +0.92 +1.39
Level Major Minor Minor - Minor Major Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard42.0643.1643.8644.9645.6646.7647.46
Camarilla44.0844.2444.4144.5744.7444.9045.07
Woodie41.8743.0643.6744.8645.4746.6647.27
Fibonacci43.1643.8444.2744.9645.6446.0746.76


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard44.2145.0545.7746.6147.3348.1748.89
Camarilla46.0746.2146.3646.5046.6446.7946.93
Woodie44.1645.0245.7246.5847.2848.1448.84
Fibonacci45.0545.6446.0146.6147.2047.5748.17


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard39.0941.0144.3546.2749.6151.5354.87
Camarilla46.2346.7247.2047.6848.1648.6449.13
Woodie39.7941.3745.0546.6350.3151.8955.57
Fibonacci41.0143.0244.2646.2748.2849.5251.53

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): 32.53
MACD (12,26,9): -0.3600
Directional Movement: -20.98
AROON (14): -50.00
DEMA (21): 44.81
Parabolic SAR (0,02-0,02-0,2): 45.75
Elder Ray (13): -0.68
Super Trend (3,10): 45.78
Zig ZAG (10): 44.84
VORTEX (21): 0.8300
Stochastique (14,3,5): 24.65
TEMA (21): 44.62
Williams %R (14): -71.43
Chande Momentum Oscillator (20): -1.37
Repulse (5,40,3): -0.3600
ROCnROLL: 2
TRIX (15,9): -0.0900
Courbe Coppock: 3.28
MA7: 45.55
MA20: 46.36
MA50: 46.21
MA100: 46.19
MAexp7: 44.74
MAexp20: 45.23
MAexp50: 45.73
MAexp100: 46.06
Price / MA7: -2.06%
Price / MA20: -3.77%
Price / MA50: -3.46%
Price / MA100: -3.42%
Price / MAexp7: -0.29%
Price / MAexp20: -1.37%
Price / MAexp50: -2.45%
Price / MAexp100: -3.15%

Quotes : - 15 min delayed data - Actions NYSE