Delta Air Lines: the rally stalls
Delta Air Lines slides 3.7% as a fresh sell signal fires at contested highs
Delta Air Lines: the rally stalls
Our view last week
Delta Air Lines stock closes the week down 5.8%, with sellers running the tape — 79% of volume on the sell side — after weeks of a strong run toward the highs. This weekly technical analysis marks a cooldown: RSI from 72 to 64, MACD losing steam, even as the structure stays bullish. Earnings land today, an event that can swing the stock hard. The trade is still up more than 30% since entry.
This week's summary
After weeks of rallying toward its highs, Delta Air Lines changes course: this week the stock sheds 3.7% and a new sell signal fires, the opening move of a new phase. This weekly technical analysis shows sellers taking clear control of the last bar, while the stock stays boxed between a support and a resistance sitting right on top of each other. Earnings are already behind it: the event risk has passed, but the picture still calls for caution.
IQS Phase
49
ordinary
Signal Strength
55
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#58 / 140
New us stocks
Trade P&L %
+0.00%
from signal to today
restricted Platinum content