Delta Air Lines (DAL) will hold its 2023 Investor Day on Tuesday. Let's review the charts and our seat selections.
In the daily bar chart of DAL, below, I can see that the shares have soared since March. DAL trades above the rising 50-day moving average line and above the rising 200-day moving average line.
The On-Balance-Volume (OBV) line shows us a rising trend the past year and helps to confirm the price gains we have seen. The Moving Average Convergence Divergence (MACD) oscillator is above the zero line but it has narrowed in recent days telling me that the strength of the uptrend is weakening.