DAL Price Prediction Next Week
Based on the provided data and current market conditions, here is the analysis for DAL's price prediction for next week:
Technical Analysis:
The technical indicators show DAL is currently in a neutral-bullish territory with RSI at 61.63, indicating room for upward movement without being overbought. The stock is trading above its 200-day SMA of $51.78 but below its 20-day SMA of $63.74, suggesting some short-term resistance.
Price Levels Analysis:
- Current Price: $67.18
- Key Fibonacci Levels:
- Resistance: R1 at $69.20, R2 at $70.77, R3 at $73.31
- Support: S1 at $64.12, S2 at $62.55, S3 at $60.01
- Pivot: $66.66
News Sentiment Analysis: Recent news indicates strong positive catalysts:
- Rising airline fares with strong demand expectations for both business and leisure travel in 2025
- Delta Air Lines included in Morgan Stanley's top 20 AI-driven stocks list, highlighting potential technological advantages
- Strong Q4 2024 performance with better-than-expected earnings
Price Prediction for Next Week: Based on technical indicators and positive news sentiment:
- Bullish Scenario (60% probability): Price likely to test R1 at $69.20 with potential to reach R2 at $70.77
- Neutral Scenario (30% probability): Consolidation between $66.66-$69.20
- Bearish Scenario (10% probability): Support at S1 $64.12 should hold
Trading Recommendation: BUY Entry point: Current market price ($67.18) Target: $69.20 (R1 level) Stop loss: $64.12 (S1 level)
The recommendation is based on:
- Strong fundamental outlook with increasing airfares
- Technical support from Fibonacci levels
- Positive analyst sentiment and inclusion in Morgan Stanley's top picks
- RSI indicating room for upward movement
DAL Similar Chart Price Prediction
The price of DAL is predicted to go up 28.57%, based on the high correlation periods with INFN. The similarity of these two price pattern on the periods is 97.23%.
DAL
INFN
Up: 28.57%Similarity: 97.23%
DAL Revenue Forecast
DAL EPS Forecast
DAL FAQs
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DAL VS S&P500
The strategy of providing premium experiences to business travelers has resonated with customers, and Delta generally earns a unit revenue premium relative to peers.
Delta has the largest frequent-flyer program of the US-based network carriers. These frequent-flyer programs bring in high-margin revenue from banks to fund credit card rewards.
Airport throughput has nearly returned to prepandemic levels amid robust leisure demand and recovering business and international travel.
DAL Analyst's Forecast
Stephen Trent
Citigroup
Strong Buy
Price Target
$65 → $76
Upside
+18.5%
Citi raised the firm's price target on Delta Air Lines (DAL) to $76 from $65 and keeps a Buy rating on the shares. The firm shifted the stock's target multiple from 9-times to 10.5-times. The firm says that although Delta and United (UAL) remain its favorite U.S. airline carriers, it elevated American Airlines (AAL) in the rank order.
Thomas Wadewitz
UBS
Strong Buy
Price Target
$88
Upside
+37.21%
Brandon Oglenski
Barclays
Buy
Price Target
$60 → $90
Upside
+38.78%