Delta stock: buy or sell
Updated on:
Jul 29th, 2021
1
Delta stock brief
- Delta Air Lines closed on Wednesday at $41.30 after slightly changing a 0.83%.
- Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery.
Should I buy Delta Air Lines stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $DAL stock a buy?
Currently, Delta Air Lines stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $DAL in coming sessions, or that it may not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Delta Air Lines stock?
Do you know when is it time to sell Delta Air Lines stock?. Trading strategies help us to avoid impetuous decisions based on our personal emotions or the buzz that surrounds the market. Our trading system selects very simple strategies to guide us on when is the best moment to sell our shares. Be aware that these strategies are not intended for selling short $DAL stock
As a rule of thumb, you must never keep a trade that results in higher than expected losses at the time of purchase. The moment to sell shares should always be determined by the stop-loss (automatic or manual)
Is it time to sell Delta Air Lines stock?
In the current situation of Delta Air Lines there is not any eligible sell setup, so Delta Air Lines stock holders with operations in green can keep their positions
Delta Air Lines ratings
In the previous month we couldn't find any rating for Delta Air Lines
Delta Air Lines stock analysis
SMAs overview
Supports and resistances
The current resistance levels are:
The current supports are:
Bollinger bands
Since the price broke down the lower band on July 19, the price bounced by 9.96%
Relative strength index
The RSI crossed up the oversold line of 30 on July 20 after just being in the oversold zone for a single day (what can be considered a strength sign). The RSI value on Wednesday was 45.14. Delta Air Lines price exploded a 7.11% since that level was surpassed
Delta Air Lines stock price history
Delta Air Lines started trading priced at an adjusted price1 of $19.32 on May 2007. Since then, DAL stock surged by 113.77%, with an average of 8.13% per year. If you had invested thousand dollars in Delta Air Lines stock on May 2007, it would worth $2,137.68 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Delta Air Lines stock
How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations publish their analysis forecasting how a particular stock will performance in the future.
Along with buy or sell recommendations, financial institutions publish their price forecasts based on the stock price action and the company fundamental data. Most of these estimates follow the publication of new financial information by the company, and many times. If you are a small investor you don't have to trade based on these projections.
In the previous 30 days we couldn't find any price target published for Delta Air Lines stock.
Earnings and financials
On July 14, Delta Air Lines ($DAL) hosted the earnings event and posted the report. Delta posted earnings of $-1.07 per share on sales of $7.1 billion. The consensus earnings estimate was $-1.40 per share on revenue of $6.2 billion.
Compared to the same quarter one year ago, EPS was $-4.43, so posted EPS means a gain of 75.85%. Looking at turnover, figures skyrocketed a 385.42% compared to $14.7B same quarter a year ago.Delta ($DAL) presents quarterly financial report next October. Analysts predict of $0.44, that is a 141.12% higher than previous quarter.
Delta Air Lines performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Delta Air Lines ($DAL) | -4.00% | -12.00% | 4.40% |
Please read:
The viewpoints given in this post are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this paper does not know the individual positions of the reader, his or her finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are published for learning purposes onlyDelta summary
| Wednesday, July 28th, 2021 | |
|---|---|
| Open | $41.37 |
| Close | $41.3 |
| Day range | $40.63 - $41.65 |
| Previous close | $40.96 |
| Session gain | 0.83% |
| Average true range | $1.94 |
| 50d mov avg | $44.31 |
| 100d mov avg | $45.82 |
| 200d mov avg | $42.56 |
| Earnings date | October 11th, 2021 |