Delta Air Lines Soars With A Golden Cross: New Cabins, New Heights

Delta Air Lines Inc DAL isn't just taking its customers to new destinations — it's flying high on the stock charts as well.

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The airline, nearing its 100th anniversary, is basking in a Golden Cross — a bullish signal where the 50-day moving average crosses above the 200-day, suggesting that the skies ahead may be clear for takeoff.

Delta Air Lines’ Stock Chart Supports A Bullish Run

Trading at around $55 a share, Delta is currently soaring above its five, 20 and 50-day exponential moving averages. This signals strong buying pressure.

Chart created using Benzinga Pro

With the eight-day SMA at $53.22 and 20-day SMA at $50.94, the charts for Delta Air Lines’ stock are extremely bullish, as the stock comfortably cruises above key levels.

Even the 200-day SMA sits at a distant $45.44, making the stock look like a steal.

Chart created using Benzinga Pro

The MACD indicator adds to the optimism, sitting at 2.51, another strong bullish signal.

However, with the RSI at 72.34, Delta’s stock is in the overbought territory. This suggests that a pullback could be on the horizon, even as it enjoys this bullish ride.

The Bollinger Bands, ranging from $44.25 to $55.90, also show that the stock has broken above key resistance levels, adding to the technical case for further gains.

Delta’s New Cabins: A Luxury Flight Experience

But it's not just the charts that are looking bullish. Delta is rolling out its revamped cabin interiors, starting with its Boeing 757s later this fall.

With premium materials and residential-style lighting, the airline is blending comfort with sophistication as it aims to redefine its in-flight experience.

Yet, the question remains—will Delta's bullish momentum hold steady as it overhauls its fleet, or will the stock take a breather?

For now, Delta's got wind beneath its wings, both in the air and on Wall Street.

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