SOUTHWEST AIRLINES CO (LUV)
US8447411088 - Common Stock
Overall LUV gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, LUV is only an average performer.
The long and short term trends are both positive. This is looking good!
LUV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LUV is lagging the market slightly.
LUV is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
LUV has an average volume of 7842850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, LUV did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
LUV is an average performer in the Passenger Airlines industry, it outperforms 60% of 24 stocks in the same industry.
LUV has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 30.79, a Stop Loss order could be placed below this zone.
More info and screens
25.87
32.99
We found 3 important support areas.
- A support zone ranging from 30.42 to 30.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.44 to 29.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.13 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.16 to 32.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.42
Mansfield-0.28
10 Day High33.15
10 Day Low31.05
20 Day High33.15
20 Day Low28.58
52 Week High35.18
52 Week Low23.58
Performance
1 Week-1.88%
2 Weeks1.21%
1 Month3.38%
3 Month12.74%
6 Month18.37%
12 Month27.74%
2 Year-20.4%
3 Year-28.45%
5 Year-44.88%
10 Year-24.03%
15 Year245.33%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)54.16
LBB30.08
UBB33.37
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 32.67 | 31.04 | 1.63 (4.99%) | 20.04% |
| An entry @32.67. This is a Buy Stop order right above the resistance zone. | An exit @31.04. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.63 points, which is 4.99%. | For a 1.00% total portfolio risk, you can invest 20.04% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SOUTHWEST AIRLINES CO
NYSE:LUV (11/21/2024, 11:53:09 AM)
32.065
+0.29 (+0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg0.93%
1 Week-1.88%
2 Weeks1.21%
1 Month3.38%
3 Month12.74%
6 Month18.37%
12 Month27.74%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.89
ATR(20)%3.07%
ATR Inc
Range Today0.61
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High33.15
10 Day Low31.05
20 Day High33.15
20 Day Low28.58
52 Week High35.18
52 Week Low23.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.25M
Volume Incr-23.6%
Vol(5)6.04M
Vol(50)7.84M