Hot Stocks? Look Before You Leap: AK Steel Holding Corporation (AKS), Delta Air Lines, Inc. (DAL)

The first technical resistance point for AK Steel Holding Corporation (NYSE:AKS) will likely come at $3.05, marking a 3.28% premium to the current level. The second resistance point is at $3.16, about 6.65% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $2.8, the lower end of the range. AKS’s 14-day MACD is -0.24 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 31.19, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 52.71 percent, which is low when compared to that of the 50-day’s 54.18 percent.

AK Steel Holding Corporation (AKS) trade volume has increased by 34.98% as around 14,632,060 shares were sold when compared with its 50-day average volume of traded shares which is 10,840,408. At the moment, AKS is witnessing a downtrend, as it is trading -15.71% below its 20-day SMA, -27.73% below its 50-day SMA, and -34.74% below its 200-day SMA. The company runs an ROE of roughly 263.2%, with financial analysts predicting that their earnings per share growth will be around 18.54% per annum for the next five year. This will be compared to the 15% increase witnessed over the past five years.

The last few days have been rough for AK Steel Holding Corporation (NYSE:AKS), as its price has decreased by -9.79% during the week. It has also performed poorly over the past three months, as it lost around -30.26% while it has so far retreated around -38.8% during the course of a year. The price of the stock went down by -$0.14 now trading at $2.95. Their shares witnessed a -1.01% increase from the 52-week low price of $2.98 they recorded on 2018-12-06. Even though it is still -130.51% behind the $6.8 high touched on 2018-01-17. The stock of AKS recorded -47.88% downtrend from the beginning of this year till date. The 12-month potential price target for AK Steel Holding Corporation is set at $4.83. This target means that the stock has an upside potential to increase by 63.73% from the current trading price.

When giving their opinion, around 42.86% of Wall Street analysts, which represents 6 out of 14 rated the stock as a Buy. 6 brokerage firms of the remaining 42.86% rated the stock as a Hold with 2 analyst rating it as a sell. Overall, the number of aggregate AKS shares held by institutional investors represents 67.1% of total shares. 35 institutions entered new AK Steel Holding Corporation (NYSE:AKS) positions, 116 added to their existing positions in these shares, 109 lowered their positions, and 39 exited their positions entirely.

The shares of Delta Air Lines, Inc. (NYSE:DAL) has increased by 2%, and now trading at $58.08 on the Wall Street in the intra-day deal, with their shares traded now around 8,994,251. This is a rise of 1,747,317 shares over the average 7,246,934 shares that were traded daily over the last three months. The stock that is trading at $58.08 went higher by 19.7% from its 52-week low of $48.52 that it attained back on 2018-07-05. The stock recorded a 52-week high of $61.32 nearly 7 days ago on 2018-11-30.

DAL stock has performed well over the past 30 days, as it added 3.62% while its price climbed by 3.71% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -1.34% over the last week. The stock’s 12-month potential target price is now at $68.21. This means that the stock price might likely increase by 17.44% from its current trading price.19 out of 20 Wall Street analysts which represents 95% rated the stock as a buy while the remaining 5 rated it as a hold, with 0 of analysts rating it as a sell.

Delta Air Lines, Inc. (NYSE:DAL) has been utilizing an ROE that is roughly 26.8%, with stock analysts predicting that the company’s EPS for the next five years will go up by 16.02% per year, following the 34.1% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 1.64% above its 20-day SMA, 5.03% above its 50-day SMA, and 6.63% above its 200-day SMA. In percentage terms, the aggregate Delta Air Lines, Inc. shares held by institutional investors is 90.8%. 100 institutions jumped in to acquire Delta Air Lines, Inc. (DAL) fresh stake, 396 added to their current holdings in these shares, 538 lowered their positions, and 90 left no stake in the company.

The stock’s 9-day MACD is -0.04 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 53.28, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 33.06 percent, which is more when compared to that of the 50-day’s 30.59 percent. On the daily chart, we see that the stock could reach the first level of resistance at $58.7, sporting a 1.06% premium to the current level. The next resistance point is at $59.33, representing nearly 2.11% premium to the current market price of Delta Air Lines, Inc. (DAL). On the other hand, failure to breach the immediate hurdles can drag it down to $55.89, the lower end of the range.