The document analyzes technical indicators for Delta Air Lines stock from January 11, 2016. It summarizes that on Friday, the stock price opened higher but closed lower than the previous day. Most indicators show the stock trending downward, with prices below moving averages and closing below Bollinger bands for two consecutive days. The technical analysis suggests most indicators are pointing to lower prices for Delta Air Lines stock.

1. January 11, 2016
DAL: Delta Air Lines technical analysis
charts
On Friday, compared to Thursday, price action opened higher (47.48, vs
Thursday's close of 47.00), saw a higher high (48.95, vs Thursday's high of 48.68)
but lower low (46.49, vs Thursday's low of 46.74); and closed lower (46.61, vs
Thursday's close of 47.00). The day's range was 246 ticks.
On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action fell
towards the bottom of the 20 day moving average envelope (50.40). The
parameters of the envelope (48.89-51.91) are pointing lower.
The RSI (35.33) below is in neutral mode between the key 20 (oversold) and 80
(overbought) levels.

2. January 11, 2016
The MACD 12 day moving average is above the MACD 26 day moving average;
both are above zero and falling.
The Slow Stochastics, below, are in negative mode, with the K line below the D
line.
The Commodity Channel Index (-159.83), below, is in positive mode above the
oversold -200 level.

3. January 11, 2016
On the DAILY BOLLINGER BANDS CHART below, Friday represents the 2nd
consecutive close below the bottom Bollinger Band (47.08). The Bollinger Bands
(47.08-53.72) are diverging; and widened from a width of 573 ticks on Thursday to
a width of 664 ticks on Friday.
On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving
average (47.95, moving down) is below the 20 day moving average (50.40, moving
down); in negative mode. The 3-50 day strip of moving averages ranges from the
3 day moving average (47.51) at the bottom of the range to the 20 day moving
average (50.40) at the top of the range.

4. January 11, 2016
The Parabolic Stop and Reverse (51.17) below is in the 6th day of sell mode.
On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 2nd
consecutive entire week below the middle of the Bollinger Bands envelope
(48.33). The Bollinger Bands (43.75-52.92) are converging; contracting from a
width of 996 ticks on Thursday to a width of 917 ticks on Friday.

5. January 11, 2016