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Jun 18, 2020
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Delta (DAL, $30.37) to add 1,000 flights a day in July and Augus

Delta (DAL, $30.37) to add 1,000 flights a day in July and Augus

Delta Air Lines  plans to continue adding flights through the summer.

The airline company is expecting to add about 1,000 flights a day in both July and August, as mentioned by CEO Ed Bastian on a shareholder call Thursday, (reported by CNBC).

Domestic capacity in August would still be 55% to 60% of typical totals, Bastian said.

Following the additions  Delta plans to pause and assess  how demand looks post-Labor Day before deciding to add further domestic flights, as indicated by Bastian.

DAL's 10-day Moving Average moved above its 50-day Moving Average on June 01, 2020

This price move may be construed as a buy signal, indicating that the trend is shifting higher. In 15 of 20 cases where DAL's 10-day Moving Average crossed above its 50-day Moving Average, its price rose further within the subsequent month. The odds of a continued Uptrend are 75%.

Current price $30.37 crossed the resistance line at $26.52 and is trading between $53.79 resistance and $26.52 resistance lines. Throughout the month of 05/15/20 - 06/17/20, the price experienced a +60% Uptrend, while the week of 06/10/20 - 06/17/20 shows a -3% Downtrend.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator exceeded the 0 level on May 26, 2020. Traders may consider buying the ticker or exploring call options. In 53 of 79 cases where the ticker's Momentum Indicator exceeded 0, its price rose further within the subsequent month. The odds of a continued Uptrend are 67%.

The Moving Average Convergence Divergence (MACD) just turned positive. Considering data from situations where DAL's MACD histogram became positive, in 27 of 43 cases, the price rose further within the following month. The odds of a continued Uptrend are 63%.

The price moved above its 50-day Moving Average, which indicates a change from a Downtrend to an Uptrend. In 33 of 45 similar backtested cases where DAL's price crossed above its 50-day Moving Average, its price rose further within the subsequent month. The odds of a continued Uptrend are 73%.

The Aroon Indicator entered an Uptrend today. In 135 of 266 similar cases where DAL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 51%.

Bearish Trend Analysis

The RSI Indicator appears to be shifting from an Uptrend to a Downtrend. In 29 of 42 cases where DAL's RSI indicator exited the overbought zone, the price fell further within the following month. The odds of a continued Downtrend are 69%.

The Stochastic Indicator may be shifting from an Uptrend to a Downtrend. In 35 of 56 cases where DAL's Stochastic indicator exited the overbought zone, the price fell further within the following month. The odds of a continued Downtrend are 63%.

The higher Bollinger Band was broken -- a price fall is expected as the ticker heads toward the middle band, which invites the trader to consider selling or shorting the ticker, or exploring put options. In 32 of 47 cases where DAL's price broke its higher Bollinger Band, its price dropped further during the following month. The odds of a continued Downtrend are 68%.

Fundamental Analysis (Ratings)

Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 62%. During the last month, the daily ratio of advancing to declining volumes was 2.08 to 1.

The Tickeron Valuation Rating of 23 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.37) is normal, around the industry mean (1.96). P/E Ratio (5.70) is within average values for comparable stocks, (10.93). Projected Growth (PEG Ratio) (0.27) is also within normal values, averaging (1.63). DAL has a moderately high Dividend Yield (2.57) as compared to the industry average of (0.98). P/S Ratio (0.40) is also within normal values, averaging (0.49).

The Tickeron SMR rating for this company is 28 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Seasonality Score of 35 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is 46 (best 1 - 100 worst), indicating steady price growth. DAL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is 87 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. DAL’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 95, placing this stock worse than average.

Related Ticker: DAL

Contributor

Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.


Momentum Indicator for DAL turns positive, indicating new upward trend

DAL saw its Momentum Indicator move above the 0 level on October 27, 2026. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 72 similar instances where the indicator turned positive. In 56 of the 72 cases, the stock moved higher in the following days. The odds of a move higher are at 78%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where DAL's RSI Oscillator exited the oversold zone, 19 of 27 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 70%.

The Moving Average Convergence Divergence (MACD) for DAL just turned positive on October 27, 2026. Looking at past instances where DAL's MACD turned positive, the stock continued to rise in 33 of 45 cases over the following month. The odds of a continued upward trend are 73%.

Following a +6.08% 3-day Advance, the price is estimated to grow further. Considering data from situations where DAL advanced for three days, in 224 of 307 cases, the price rose further within the following month. The odds of a continued upward trend are 73%.

DAL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In 233 of 322 cases where DAL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 72%.

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

DAL moved below its 50-day moving average on October 30, 2026 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where DAL declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 69%.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is 7 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is 39 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 76, placing this stock slightly better than average.

The Tickeron SMR rating for this company is 46 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is 47 (best 1 - 100 worst), indicating steady price growth. DAL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of 53 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.416) is normal, around the industry mean (2.029). P/E Ratio (13.204) is within average values for comparable stocks, (5.677). Projected Growth (PEG Ratio) (0.193) is also within normal values, averaging (2.252). Dividend Yield (0.011) settles around the average of (0.028) among similar stocks. P/S Ratio (0.749) is also within normal values, averaging (0.529).

The Tickeron Seasonality Score of 95 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

Notable companies

The most notable companies in this group are Delta Air Lines (NYSE:DAL), United Airlines Holdings (NASDAQ:UAL), Southwest Airlines Co (NYSE:LUV), American Airlines Group (NASDAQ:AAL), JetBlue Airways Corp (NASDAQ:JBLU).

Industry description

Airlines industry comprises passenger air transportation, including scheduled and non-scheduled routes. This can include charter airlines, as well as regular commuter ones. Discount pricing and the rise of low-cost carriers over recent decades have expanded the industry by making its services accessible to a much larger global population, compared to the older days when airline travel was a relative luxury for many people in the world. Delta Air Lines Inc., Southwest Airlines Co and United Continental Holdings, Inc. are some of the airlines with the largest stock market capitalizations in the U.S.

Market Cap

The average market capitalization across the Airlines Industry is 9.85B. The market cap for tickers in the group ranges from 384.9K to 1.51T. AZULD holds the highest valuation in this group at 1.51T. The lowest valued company is AIBEF at 384.9K.

High and low price notable news

The average weekly price growth across all stocks in the Airlines Industry was 2%. For the same Industry, the average monthly price growth was -10%, and the average quarterly price growth was -4%. ULCC experienced the highest price growth at 31%, while AZUL experienced the biggest fall at -33%.

Volume

The average weekly volume growth across all stocks in the Airlines Industry was -9%. For the same stocks of the Industry, the average monthly volume growth was -12% and the average quarterly volume growth was -51%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 40
P/E Growth Rating: 48
Price Growth Rating: 63
SMR Rating: 66
Profit Risk Rating: 75
Seasonality Score: 30 (-100 ... +100)
Related Portfolios: TRAVEL INDUSTRY
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General Information

a provider of scheduled air transportation for passengers, freight, and mail services

Industry Airlines

Industry
Airlines
Address
Post Office Box 20706
Phone
+1 404 715-2600
Employees
103000
Web
https://www.delta.com
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