Delta Breaks Below 200-Day Moving Average—Notable for DAL
10/01/2014 7:00 am EST
The staff at DividendChannel.com analyzes a powerhouse airliner stock that just broke below its 200-Day Moving Average and points out that it is significant that this stock is currently trading down considering its 52-week range.
In trading on Tuesday, shares of Delta Air Lines, Inc. (DAL) crossed below their 200-day moving average of $35.50, changing hands as low as $35.18 per share. Delta Air Lines, Inc. shares are currently trading down about 0.3% on the day. The chart below shows the one year performance of DAL shares, versus its 200-day moving average.
By the Staff of DividendChannel.com