Delta Air Lines (DAL) Shares are Down -2.79%

Delta Air Lines (DAL) has risen sharply, recording gains of 0.8% in the past 4 weeks. However, the stock has corrected -2.79% in the past 1 week, providing a good buying opportunity on dips. Delta Air Lines (DAL) : During the past 4 weeks, traders have been relatively bearish on Delta Air Lines (DAL), hence the stock is down -1.64% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.2% relative to the S&P 500.

Delta Air Lines (NYSE:DAL): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $36.98 and $36.86 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $37.73. The buying momentum continued till the end and the stock did not give up its gains. It closed at $37.67, notching a gain of 3.09% for the day. The total traded volume was 8,097,455 . The stock had closed at $36.54 on the previous day.

The stock has recorded a 20-day Moving Average of 3.17% and the 50-Day Moving Average is 3.73%. Delta Air Lines, Inc. has dropped 10.11% during the last 3-month period . Year-to-Date the stock performance stands at -25.21%.

Delta Air Lines (DAL) stock is expected to deviate a maximum of $5.87 from the average target price of $54.95 for the short term period. 10 Street Experts have initiated coverage on the stock with the most promising target being $67 and the most muted being $49.


Delta Air Lines, Inc. (Delta) provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Companys route network is centered on a system of hub and international gateway airports that it operates in Amsterdam, Atlanta, Detroit, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle and Tokyo-Narita. The Companys segments include its Airline segment and Refinery segment. The Companys Airline segment provides scheduled air transportation for passengers and cargo and other ancillary airline services, including maintenance and repair services for third-parties. Its Refinery segment provides jet fuel to the airline segment from its own production and through jet fuel obtained through agreements with third-parties.

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