Delta Air Lines, Inc.(NYSE:DAL) Downward Trend
Overall, the bias in prices is: Downwards.
Short term: Prices are moving.
Intermediate term: Prices are trending.
The projected upper bound is: 38.96.
The projected lower bound is: 33.14.
The projected closing price is: 36.05.
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 5 white candles and 5 black candles. During the past 50 bars, there have been 24 white candles and 25 black candles for a net of 1 black candles.
Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 35.6354. This is not an overbought or oversold reading. The last signal was a sell 5 period(s) ago.
Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 39.81. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 41 period(s) ago.
Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -143.This is an oversold reading. However, a signal isn’t generated until the indicator crosses above -100. The last signal was a buy 15 period(s) ago.
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 0 period(s) ago.
Rex Takasugi – TD Profile
DELTA AIR LIN closed down -0.380 at 36.090. Volume was 35% below average (neutral) and Bollinger Bands were 54% narrower than normal.
Open High Low Close Volume___
36.470 36.640 35.900 36.090 1,815,788
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bearish
Moving Averages: 10-period 50-period 200-period
Close: 36.78 37.59 44.11
Volatility: 18 50 41
Volume: 2,087,736 2,837,665 2,615,433
Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.
DELTA AIR LIN is currently 18.2% below its 200-period moving average and is in an downward trend. Volatility is low as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of DAL.N at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on DAL.N and have had this outlook for the last 11 periods.
Latest posts by HEFFX Australia (see all)
- GrubHub Inc (NYSE:GRUB) Heffx Trading Outlook - October 27, 2016
- AK Steel Holding Corporation (NYSE:AKS) Heffx Trading Outlook - October 27, 2016
- QUALCOMM (NASDAQ:QCOM) Upward Trend - October 27, 2016