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Stock Charts AI Power Rank: 1.3
Power Rank trend -> Rising
07/26/2024 16:23:00 EST
Delta Air Lines Inc (DAL)
Industry: Airlines
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, DAL has been trading in a range between $47.44 and $43.00 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
The AI powered stock chart is in a Red zone currently. We would avoid this stock.
Upside / Downside Potential
Delta Air Lines Inc $DAL entered a Red zone 29 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $53.94, a potential upside of 22.23% from the recent price of 44.13. The stock is trading 22.05% (potential upside) below its 52 week high of $53.86 and 44.83 % (potential downside) above its 52 week low of $30.47 - based on the recent price.
Company Summary
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.
News
| Airline stocks snap back, heading for bullish ‘key reversal' patterns Jets ETF and American Airlines' stock gap lower at the open, hit fresh lows, then rallied above the previous day's highs. Source: Market Watch Thu, 25 Jul 2024 14:40:00 -0400 Sentiment: Positive |
| Delta canceled more flights in 5 days after the CrowdStrike outage than it did in 2018 and 2019 combined Delta canceled more flights in less than a week due to a global IT outage than it did in two years. Between Friday and Tuesday, Delta canceled 5,470 flights. Source: Business Insider Thu, 25 Jul 2024 07:57:59 -0400 Sentiment: Negative |
| Delta could take $500M profit hit after Crowdstrike outage: Wall Street analyst Analysts have been cutting expectations for the premium airline after it struggled to bounce back from mass delays. Source: New York Post Wed, 24 Jul 2024 16:08:56 -0400 Sentiment: Negative |
| Delta Reportedly Facing $500 Million Loss From CrowdStrike Outage Delta Air Lines is reportedly facing a half-billion dollar hit after last week's IT outage. The air carrier on Wednesday (July 24) was still recovering from last week's incident, in which a software glitch at cybersecurity firm CrowdStrike brought down millions of computers running Microsoft Windows. Source: PYMNTS Wed, 24 Jul 2024 15:03:52 -0400 Sentiment: Negative |
| Delta Air Lines Faces $500M Financial Hit As IT Outage Causes Thousands Of Cancellations Delta Air Lines Inc DAL is about to face significant financial repercussions this quarter due to a recent system failure that resulted in thousands of flight cancellations and triggered a federal investigation into the airline's response. Source: Benzinga Wed, 24 Jul 2024 12:02:26 -0400 Sentiment: Negative |
Technicals 52 Week Hi: 53.86 52 Week Low: 30.4693 Beta: 1.353 50 Day MA: 48.5954 200 Day MA: 42.8763 Earnings / Revenue Trends Qtr Earnings Growth YOY: -0.292 Qtr Revenue Growth YOY: 0.069 Forward PE: 6.8966 Trailing PE: 6.2367