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DAL

daily
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BOTTOMING ATTEMPT
Support
$62.0
Resistance
$67.1
DAL Delta Air Lines, Inc. daily candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — bottoming attempt as of March 24, 2026
DAL Daily chart 2026-03-24 09:14:11 UTC
AI-generated analysis — not financial advice. For educational purposes only.

DAL Daily Technical Analysis Summary

As of March 24, 2026, DAL (Delta Air Lines, Inc.) is in a bottoming attempt state on the daily chart, with a confidence level of 62%. Key support is at $62.0 and key resistance at $67.1. Sharp selloff from ~$75 into a ~$58 swing low, then bounce to ~$65; price still below the falling short-term MAs (SMA50/EMA50) with RSI ~52.

Price Scenarios & Targets

bullish

Range-to-reclaim: price holds above the $62 area (EMA200/near prior congestion), then grinds up and reclaims the $67 zone; if it sticks, momentum targets the next supply area near the late breakdown.

Price Target
$71.0
Path to target
First move
$67.1
Pullback
$63.5
Final target
$71.0

bearish

Failed bounce: rejection near $66-$67 leads to a retest of $62; if that fails, price revisits the $58 swing low and risks a deeper mean-reversion toward the $61-$60 band (SMA200).

Price Target
$58.0
Path to target
First move
$62.0
Pullback
$65.6
Final target
$58.0

Key Triggers

Confirmation & Invalidation

✓ Confirmation

2+ daily closes above $67.10 (SMA50) with EMA50 turning up

✗ Invalidation

Daily close below $58.00 (recent swing low reference)

Position Entry & Exit Levels

⊕ Add

Start $62.0 – $63.5
Add $60.9 – $62.0
Heavy $58.0 – $59.5

Start near EMA200 support/structure, add at SMA200 confluence, heavy add only on a full retest of the $58 swing-low reference (Elliott: possible Wave-2/Wave-B retest zone; Fib: ~50-61.8% retrace of the bounce).

⊖ Derisk

Trim 1 $71.0 – $73.0
Trim 2 $74.5 – $76.0
Close $78.0 – $82.0

Trim into overhead supply from the breakdown/previous peak zone (likely Wave-3/Wave-C extension if reclaim holds); close if price gets materially stretched above key MAs with prior highs fully exceeded.

Frequently Asked Questions

What is the daily technical outlook for DAL today?

As of March 24, 2026, DAL (Delta Air Lines, Inc.) is in a bottoming attempt state on the daily chart with 62% confidence. Sharp selloff from ~$75 into a ~$58 swing low, then bounce to ~$65; price still below the falling short-term MAs (SMA50/EMA50) with RSI ~52.

What are the daily support and resistance levels for DAL?

On the daily timeframe, DAL has key support at $62.0 and key resistance at $67.1. The most likely scenario (bullish) targets $67.1 and $71.0, with a revert level at $63.5.

Is DAL in an uptrend or downtrend?

DAL (Delta Air Lines, Inc.) is currently classified as bottoming attempt on the daily chart, with 62% confidence. Confirmation requires: 2+ daily closes above $67.10 (SMA50) with EMA50 turning up This would be invalidated by: Daily close below $58.00 (recent swing low reference)

What are the price targets for DAL?

The most likely scenario (bullish) targets $67.1 and $71.0, with a revert level at $63.5. The alternative scenario (bearish) targets $62.0 and $58.0.

Other Timeframes for DAL
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