Is it Time to Dump Delta Air Lines, Inc. (DAL) Stock After it Has Gained 5.97% in a Week?

Delta Air Lines, Inc. (DAL) stock is up 5.97% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Delta Air Lines, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on DAL!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With DAL Stock Today?

Delta Air Lines, Inc. (DAL) stock has gained 0.92% while the S&P 500 has fallen -0.34% as of 3:28 PM on Monday, Apr 1. DAL has gained $0.44 from the previous closing price of $47.87 on volume of 10,441,593 shares. Over the past year the S&P 500 is up 26.96% while DAL has gained 40.48%. DAL earned $7.17 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.74.

More About Delta Air Lines, Inc.

Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke system network, where it gathers and distributes passengers across the globe through key locations such as Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Delta's sale of frequent flier miles, particularly to American Express, is a major driver of the firm's profits. Click Here to get the full Stock Report for Delta Air Lines, Inc. stock.