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Delta Air Lines Inc (DAL-N) Quote - Press Release

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SmarTrend Watching for Potential Rebound in Shares of Delta Air Li After 2.63% Loss

Comtex SmarTrend(R) - Mon Sep 16, 12:05PM CDT

Delta Air Li (NYSE:DAL) traded in a range yesterday that spanned from a low of $57.65 to a high of $60.56. Yesterday, the shares fell 2.6%, which took the trading range below the 3-day low of $58.14 on volume of 3.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Delta Air Li share prices have moved between a 52-week high of $63.44 and a 52-week low of $45.08 and are now trading 30% above that low price at $58.39 per share. The 200-day and 50-day moving averages have moved 0.12% higher and 0.20% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Delta Air Li. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Delta Air Li in search of a potential trend change.

Write to SmarTrend at cs@mysmartrend.com

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