NYSE:LUV • US8447411088
We assign a technical rating of 7 out of 10 to LUV. In the last year, LUV was one of the better performers, but we do observe some doubts in the very recent evolution.
Although LUV has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
24.80
We found 6 important support areas.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for LUV is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LUV is down. |
| ChartMill Relative Strength | 85.7 | POSITIVE | LUV has a high relative strength, it outperformed 85.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LUV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LUV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LUV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 30.3 | NEUTRAL | The RSI value for LUV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.38 | NEGATIVE | The MACD value suggests LUV has a negative trend. |
| Stochastics (14,3) | 6.66 | OVERSOLD | The low Stochastics value suggests LUV may be oversold. |
| Average True Range in percent/ATR (20) | 5.29 | HIGH VOLATILITY | The high ATR as a percentage value for LUV suggests high volalility. |
| Average Directional Index/ADX (14) | 30.52 | POSITIVE | The high ADX value value for LUV suggests a strong trend. |
41.56
-2.34 (-5.33%)
ChartMill assigns a technical rating of 7 / 10 to LUV.
The current trend direction for SOUTHWEST AIRLINES CO (LUV) is Bullish.
SOUTHWEST AIRLINES CO (LUV) has an RSI value of 30.3021. This indicates that the stock is currently neutral.
The MACD indicator for SOUTHWEST AIRLINES CO (LUV) has a value of -1.38031, indicating a bearish trend.
The short term momentum for SOUTHWEST AIRLINES CO (LUV) is negative.