Large Inflow of Money Detected in Delta Air Lines

Delta Air Lines (DAL) : The money flow analysis of Delta Air Lines (DAL) indicates a $5.18 million of outflow was on downticks, whereas, the investors on Monday gobbled up stocks worth $6.22 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.2 and so was the total money flow at $1.04 million. The bulls lapped up $0.36 million worth of block trades on upticks. The money flow was $0.36 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Delta Air Lines (DAL), pushing it down by -0.41% for the day. The stock slid $0.15 and traded at $36.2 during the day. Nonetheless, the stock is -3.9% over the previous weeks close.


Delta Air Lines, Inc. has lost 0.85% in the last five trading days and dropped 7.15% in the last 4 weeks. Delta Air Lines, Inc. has dropped 13.67% during the last 3-month period . Year-to-Date the stock performance stands at -26.3%.

Delta Air Lines (NYSE:DAL): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $36.35 and $35.84 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $37.05. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.92, notching a gain of 1.57% for the day. The total traded volume was 10,784,589 . The stock had closed at $36.35 on the previous day.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Delta Air Lines Inc /De/, Mattson George N, had purchased 10,000 shares in a transaction dated on August 3, 2016. The transaction was executed at $36.5 per share with total amount equaling $365,000.

Delta Air Lines, Inc. (Delta) provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Companys route network is centered on a system of hub and international gateway airports that it operates in Amsterdam, Atlanta, Detroit, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle and Tokyo-Narita. The Companys segments include its Airline segment and Refinery segment. The Companys Airline segment provides scheduled air transportation for passengers and cargo and other ancillary airline services, including maintenance and repair services for third-parties. Its Refinery segment provides jet fuel to the airline segment from its own production and through jet fuel obtained through agreements with third-parties.

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