Delta Air Lines Bearish Moving Average Crossover Alert (DAL)
Delta Air Lines (NYSE:DAL) crossed under its 10-day moving average of $39.62 on a volume of 3.5 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Delta Air Lines share prices have moved between a 52-week high of $52.77 and a 52-week low of $32.60 and are now trading 21% above that low price at $39.51 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.1%.
SmarTrend is monitoring the recent change of momentum in Delta Air Lines. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Delta Air Lines in search of a potential trend change.
Keywords: moving crosses Delta Air Lines