NYSE trade advice (A): US consumer discretionary stock | 5-6% gain | USA stock trading picks on 6 Nov 2024

Date
November 6, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
NYSE, United States of America

US Stocks Trading Signals

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Delta Air Lines
  • 57 – 58
  • 60.7 – 61.5
  • Below 56
  • 5% – 6%
  • 12 - 14 Days
  • Buy
    Delta Air Lines
  • Buy
    Range
    57 – 58
  • Target
    60.7 – 61.5
  • Stoploss
    Below 56
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.

    Delta Air Lines (NYSE: DAL) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • DAL
  • Delta Air Lines
  • Consumer Discretionary
  • 59.1869
  • 32.46
  • NYSE code DAL
  • Stock Name Delta Air Lines
  • Sector Consumer Discretionary
  • 52 Weeks High 59.1869
  • 52 Weeks Low 32.46
  • Delta Air Lines (NYSE: DAL) vs NYSE - Relative Strength Comparison

    The image highlights Delta Air Lines's performance over the last year versus TASI.
    Relative Performance - Last 1 Year
    UAL —   NYSE —

  • Delta Air Lines (NYSE: DAL) - Technical Analysis (Daily)

    Delta Air Lines - Technical Analysis chart on Daily Price and Volume
    Delta Air Lines - Technical Analysis chart on Daily Price and Volume

    • Following an extended phase of consolidation, the stock price has developed a Double Bottom pattern.
    • With a recent breakout, it is set for considerable upward movement.
    • As long as it remains above the 55 level, the outlook will remain positive.
  • Delta Air Lines (NYSE: DAL) - RSI Indicator

    Delta Air Lines stock analysis based on Stochastic indicator
    Delta Air Lines - RSI indicator

    • Current RSI of this stock is 66.21, which indicates the strength of buyers.

  • Delta Air Lines (NYSE: DAL) - ADX & DI Indicator

    Delta Air Lines stock analysis based on ADX & DI indicator
    Delta Air Lines - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Delta Air Lines (NYSE: DAL) - EMA Crossover

    Delta Air Lines stock analysis based on EMA Crossover
    Delta Air Lines - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - Delta Air Lines (NYSE: DAL) Stock Price Forecast

    Based on our swing trading strategies for USA stocks, Delta Air Lines stock price target will be USD 60.7 - USD 61.5 in the next 12-14 trading sessions.

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  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Delta Air Lines
  • 57 – 58
  • 60.7 – 61.5
  • Below 56
  • 5% – 6%
  • 12 - 14 Days
  • Buy Delta Air Lines
  • Buy
    Range
    57 – 58
  • Target 60.7 – 61.5
  • Stoploss Below 56
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    12 - 14 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Delta Air Lines
  • 57 – 58
  • 60.7 – 61.5
  • Below 56
  • 5% – 6%
  • 12 - 14 Days
  • Buy
    Delta Air Lines
  • Buy
    Range
    57 – 58
  • Target
    60.7 – 61.5
  • Stoploss
    Below 56
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Delta Air Lines (NYSE: DAL) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • DAL
  • Delta Air Lines
  • Consumer Discretionary
  • 59.1869
  • 32.46
  • NYSE code DAL
  • Stock Name Delta Air Lines
  • Sector Consumer Discretionary
  • 52 Weeks High 59.1869
  • 52 Weeks Low 32.46
  • Company profile

    Delta Air Lines, Inc. offers scheduled air travel for passengers and cargo both domestically and internationally. It operates in two segments: Airline and Refinery. The domestic network focuses on key hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, along with coastal hubs in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle. Internationally, it has a presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Sao Paulo, Seoul-Incheon, and Tokyo. Tickets are sold through various channels, including delta.com and the Fly Delta app, and the company also provides reservations services and operates both online and traditional travel agencies. Additionally, it offers aircraft maintenance, repair, and vacation packages to consumers. Delta operates a fleet of around 1,273 aircraft and was founded in 1924, with its headquarters in Atlanta, Georgia.

  • Delta Air Lines (NYSE: DAL) vs NYSE - Relative Strength Comparison

    The image highlights Delta Air Lines's performance over the last year versus TASI.
    Relative Performance - Last 1 Year
    UAL —   NYSE —

  • Delta Air Lines (NYSE: DAL) - Technical Analysis (Daily)

    Delta Air Lines - Technical Analysis chart on Daily Price and Volume
    Delta Air Lines - Technical Analysis chart on Daily Price and Volume

    • Following an extended phase of consolidation, the stock price has developed a Double Bottom pattern.
    • With a recent breakout, it is set for considerable upward movement.
    • As long as it remains above the 55 level, the outlook will remain positive.
  • Delta Air Lines (NYSE: DAL) - RSI Indicator

    Delta Air Lines stock analysis based on Stochastic indicator
    Delta Air Lines - RSI indicator

    • Current RSI of this stock is 66.21, which indicates the strength of buyers.

  • Delta Air Lines (NYSE: DAL) - ADX & DI Indicator

    Delta Air Lines stock analysis based on ADX & DI indicator
    Delta Air Lines - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Delta Air Lines (NYSE: DAL) - EMA Crossover

    Delta Air Lines stock analysis based on EMA Crossover
    Delta Air Lines - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - Delta Air Lines (NYSE: DAL) Stock Price Forecast

    Based on our swing trading strategies for USA stocks, Delta Air Lines stock price target will be USD 60.7 - USD 61.5 in the next 12-14 trading sessions.

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    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

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