Key Delta Metric Surges After Q4 Earnings Beat And Strong Guidance — And Investors Are Taking Notice

Delta Air Lines Inc. (NYSE:DAL) has seen a significant surge in its technical strength following its fourth-quarter earnings report, with its Benzinga Edge’s momentum ranking jumping from the 50th to the 73rd percentile week-over-week.Surging Technical StrengthDespite a post-earnings slip in share price, the underlying technicals for Delta have strengthened relative to peers.The airline’s momentum score—which measures relative strength based on price movement patterns and volatility surged from 50.73 to 73. ...