• Return to Headlines

Delta Air Lines Bullish Moving Average Crossover Alert (DAL)

By Shiri Gupta

Today, shares of Delta Air Lines (NYSE:DAL) have crossed bullishly above their 10-day moving average of $37.74 on a volume of 2.2 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Delta Air Lines share prices have been bracketed by a low of $32.60 and a high of $52.77 and are now at $37.97, 16% above that low price. The 200-day and 50-day moving averages have moved 0.1% lower and 1.06% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Delta Air Lines and will alert subscribers who have DAL in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Delta Air Lines

Ticker(s): DAL