Stock Analysis: Southwest Airlines Co (LUV)

Stock Analysis for Southwest Airlines Co (LUV)

The Interpreter
Hey Friend, I'm analysing SOUTHWEST AIRLINES CO (LUV), and it is between the Support of $ 26.91 (PivotS2) and the Resistance of $ 27.62 (PivotS1). The stock is falling and may come close and reach $ 26.91 soon.

Southwest Airlines Co (LUV)

$ 29.06 +1.0%

Last Close 18-Apr-24

Trade LUV Now

Supports

Next Support: $ 26.91

Pivot S2: $ 26.91
Triangle Level (0): $ 26.85

Resistances

Next Resistance: $ 27.62

Pivot S1: $ 27.62
Triangle Level (1): $ 31.69

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 26 Mar 2024	Sell Price: 28.41	Loss: Close Day2 ($ 29.19)	Engulfing	Sell
002 15 Mar 2024	Buy Price: 28.35	Loss: Close Day2 ($ 28.17)	Engulfing	Buy
003 22 Dec 2023	Sell Price: 29.50	Profit: Open Day1 ($ 29.43)	Engulfing	Sell
004 28 Nov 2023	Buy Price: 24.82	Profit: Open Day1 ($ 25.05)	Engulfing	Buy
005 06 Nov 2023	Sell Price: 23.53	Loss: Close Day2 ($ 23.99)	Engulfing	Sell
006 18 Jul 2023	Buy Price: 36.74	Profit: Close Day1 ($ 37.35)	Engulfing	Buy
007 26 Jun 2023	Buy Price: 34.00	Profit: Open Day1 ($ 34.05)	Abandoned Baby	Buy
008 19 May 2023	Sell Price: 29.48	Profit: Close Day1 ($ 29.32)	Engulfing	Sell
009One Year Average	Both Sides Result for 8 Signals	Loss: $ -0.30 ($ -0.04 / Signal) -1.0% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for LUV Below.

Please Subscribe to See
The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	28.92	BUY	2	28.88	BUY
3	28.63	BUY	3	28.72	BUY
5	28.25	BUY	5	28.55	BUY
8	28.35	BUY	8	28.46	BUY
13	28.32	BUY	13	28.52	BUY
21	28.51	BUY	21	28.83	BUY
34	29.65	SELL	34	29.33	SELL
55	30.84	SELL	55	29.67	SELL
90	30.28	SELL	90	29.71	SELL
200	29.71	SELL	200	30.16	SELL

Company Info +

Name & IPO

Southwest Airlines Co
IPO: 1971-06-08

Stock Ticker & Exchange

Ticker: LUVIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.southwest.com/
Phone:

Stock Type

Common Stock

SIC Office

Energy & Transportation ()

Industry

Air Transportation, Scheduled

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.