SOUTHWEST AIRLINES CO (LUV) Stock Technical Analysis
NYSE:LUV - New York Stock Exchange, Inc. - US8447411088 - Common Stock - Currency: USD
Overall LUV gets a technical rating of 1 out of 10. LUV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, LUV is a bad performer in the overall market: 77% of all stocks are doing better.
LUV is one of the lesser performing stocks in the Passenger Airlines industry. 77% of 23 stocks in the same industry do better.
LUV is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
LUV has an average volume of 7606000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
LUV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LUV is lagging the market.
Although the technical rating is bad, LUV does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 29.80, a Stop Loss order could be placed below this zone.
More info and screens
26.74
34.60
When analyzing the support we can see 4 important areas.
- A support zone ranging from 29.70 to 29.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.02 from a horizontal line in the daily time frame.
- Support @28.20 from a horizontal line in the daily time frame.
- Support @27.01 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 29.91 to 30.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 32.08 to 32.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 33.27 to 34.26. This zone is formed by a combination of multiple trend lines 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
CRS23.64
Mansfield-0.65
10 Day High31.35
10 Day Low29.29
20 Day High33.09
20 Day Low29.29
52 Week High36.12
52 Week Low23.58
Performance
1 Week-0.4%
2 Weeks-4.12%
1 Month-6.64%
3 Month-6.76%
6 Month5.78%
12 Month-11.75%
2 Year-11.23%
3 Year-31.94%
5 Year-35.46%
10 Year-31.06%
15 Year136.96%
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)0.02
RSI(14)37.43
LBB29.46
UBB31.24
29.81
-0.8 (-2.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-2.61%
1 Week-0.4%
2 Weeks-4.12%
1 Month-6.64%
3 Month-6.76%
6 Month5.78%
12 Month-11.75%
2 Year-11.23%
3 Year-31.94%
5 Year-35.46%
10 Year-31.06%
15 Year136.96%
Volatility
ATR(14)0.77
ATR(20)%2.82%
ATR Inc34.42%
Range Today1.67
ADR(20)0.83
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.64
Mansfield-0.65
10 Day High31.35
10 Day Low29.29
20 Day High33.09
20 Day Low29.29
52 Week High36.12
52 Week Low23.58
CS1 End29.8
CR1 Start29.91
Volume & EV
DER(3)1.74%
DER(5)0.63%
Volume10.26M
Volume Incr-8.03%
Vol(5)8.51M
Vol(50)7.61M