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Delta Air Lines Bullish Moving Average Crossover Alert (DAL)

By David Diaz

Delta Air Lines (NYSE:DAL) crossed over its 10-day moving average of $39.57 on a volume of 2.6 million shares. This may provide swing traders with 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 $40.01, 23% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.1%.

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