Airlines Industry Technical Review: Delta Air Lines, JetBlue Airways, Southwest Airlines, and Spirit Airlines

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Jan 09, 2014, 08:00 ET from AAA Research Reports

LONDON, January 9, 2014 /PRNewswire/ --

On Wednesday, January 08, 2014, the U.S. equity market ended on a mixed note with the S&P 500 closing the day at 1,837.49, down 0.02%; the Dow Jones Industrial Average ending at 16,462.74, down 0.41%; and the NASDAQ Composite finishing at 4,165.61, up 0.30%. The S&P 500 Industrials Sector Index edged 0.09% lower to end the day at 446.96; while the S&P 500 Airlines Sub Industry Index ended the day at 180.39, up 3.47%. The S&P 500 Airlines Sub Industry Index has surged 7.18% in the last one month and 27.40% in the previous three months, outperforming the S&P 500, which has advanced 1.79% and 11.00% during the respective periods. The major movers in the industry included Delta Air Lines Inc. (NYSE: DAL), JetBlue Airways Corporation (NASDAQ: JBLU), Southwest Airlines Company (NYSE: LUV), and Spirit Airlines Inc. (NASDAQ: SAVE). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on DAL, JBLU, LUV, and SAVE now at:

http://www.aaaresearchreports.com/register/

Shares in Delta Air Lines Inc. surged on Wednesday, hitting a new 52-week high of $30.10. The company's shares ended the day 3.54% higher at $29.80, after oscillating between $28.61 and $30.10 during the trading session. A total of 17.91 million shares were traded, which is above the daily average volume of 12.73 million. The company's shares have gained 5.56% in the last one month and 22.99% in the previous three months, outperforming the S&P 500, which has advanced 1.79% and 11.00% during the respective periods. Moreover, Delta Air Lines Inc.'s stock is trading above its 50-day and 200-day moving averages of $27.79 and $21.72, respectively. Download free research on DAL today by registering at:

http://www.AAAResearchReports.com/DAL010914.pdf

Shares in JetBlue Airways Corp. climbed 3.69% on Wednesday, closing the day at $9.00. The company's shares fluctuated between $8.55 and $9.06 during the trading session. A total of 8.60 million shares were traded, which is above the daily average volume of 6.17 million. The company's shares have rose 8.56% in the last one month and 35.75% in the previous three months, outperforming the S&P 500, which has advanced 1.79% and 11.00% during the respective periods. Furthermore, JetBlue Airways Corp.'s stock is trading near its 52-week high of $9.20, and also above its 50-day and 200-day moving averages of $8.35 and $7.01, respectively. Sign up and have access to our free report on JBLU at:

http://www.AAAResearchReports.com/JBLU010914.pdf

On Wednesday, Southwest Airlines Co.'s stock traded between $19.41 and $20.21, hitting a new 52-week high of $20.21. The company's shares closed the day at $20.18, up 3.33% from the previous day's closing price of $19.53. A total of 11.51 million shares were traded, which is above the daily average volume of 6.75 million. The company's shares have surged 10.21% in the last one month and 36.17% in the previous three months, outperforming the S&P 500, which has advanced 1.79% and 11.00% during the respective periods. Additionally, Southwest Airlines Co.'s stock is trading above its 50-day and 200-day moving averages of $18.30 and $14.94, respectively. Sign up and read the complimentary report on LUV at:

http://www.AAAResearchReports.com/LUV010914.pdf

Spirit Airlines Inc.'s stock edged higher on Wednesday to end the day at $46.70, up 0.60% from the previous day's closing price of $46.42. The company's shares vacillated between $46.16 and $47.07 during the trading session. A total of 0.75 million shares were traded, which is below the daily average volume of 0.82 million. The company's shares have gained 5.73% in the last one month and 41.13% in the previous three months, outperforming the S&P 500, which has advanced 1.79% and 11.00% during the respective periods. Further, Spirit Airlines Inc.'s stock is trading above its 50-day and 200-day moving averages of $44.36 and $34.85, respectively. The free report on SAVE can be downloaded by signing up now at:

http://www.AAAResearchReports.com/SAVE010914.pdf

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