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Delta Airlines price gathers positive momentum - Forecast today - 03-08-2026
Delta Air Lines, Inc. (DAL) edged lower in recent intraday trading after the stock once again held below the current resistance level at $89.60. This pullback appears to be allowing the stock to rebuild positive momentum that could support a breakout above that resistance. At the same time, the stock is working off part of its overbought conditions on the momentum indicators, although fresh bearish signals have started to emerge. Despite this, the broader technical outlook remains constructive, with the stock continuing to trade above its 50-day Simple Moving Average (SMA), which is acting as dynamic support and reinforcing the primary short-term uptrend. Price action also continues to follow an ascending trendline that supports the prevailing bullish trend.
Therefore, our outlook remains bullish for the stock's upcoming trading sessions, particularly if it breaks above the key resistance level at $89.60. Under this scenario, the stock is expected to target the next major resistance level at $95.50.
Today's price forecast: Bullish.
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