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Downtrend Broken Resist.Archive
- 5/22/2026 -
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Delta Airlines (DAL) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a first positive week for the Delta Airlines (DAL). During the week, the DAL gained 5.91 points, or 8.42%, and closed at 76.14 on Friday, May 22, 2026. It was the best weekly gain since February 6, 2026. Weekly volume was -16% below average.
 Long-term trend: [See DAL long-term trend chart]
A long-term uptrend had started on October 3, 2022 at 27.20 and reached 77.10 on May 22, 2026. DAL gained -49.90 points, or -183.46%, in 189 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 38.19 and resistance is at 87.62. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See DAL medium-term trend chart]
A medium-term uptrend had started on March 9, 2026 at 55.28 and reached 77.10 on May 22, 2026. DAL gained -21.82 points, or -39.47%, in 10 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend resistance line (69.23) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See DAL weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.
The weekly MACD line is above its signal line since May 8, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
 Short-term trend: [See DAL short-term trend chart]
A short-term uptrend had started on April 29, 2026 at 65.82 and reached 77.10 on May 22, 2026. DAL gained -11.28 points, or -17.14%, in 23 days. The price is now at the 8.51% retracement level.
Daily Technical Indicators: [See DAL daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
 Candlestick pattern: [See DAL candlestick chart pattern]
On Friday the chart has formed a Bearish Deliberation Candlestick pattern. This pattern occurs in an uptrend;it appears after a sustained upward move and suggests that the rally is losing strength and a reversal is possible. The reliability of the Bearish Deliberation pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Deliberation Candlestick pattern during the last week.
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