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Southwestairlines

Highlighting $LUV's Key Pivot Level Fundamentals Analysis 1. NYSE:LUV announced a quarterly dividend of $0.18 per share, payable on January 6, 2024, to shareholders of record on December 20, 2023. 2. NYSE:LUV faced a regulatory action from the Federal Aviation Administration (FAA), which proposed requiring Boeing 737 operators to replace certain fan blades after a fatal incident involving a Southwest flight in 2018. Technical Analysis NYSE:LUV 50-day Moving Average is trading below the 200-day Moving Average of the stock indicating a Bearish Trend. Despite the current trend, NYSE:LUV 's showing signs of a Retest at the 2nd Pivot Level.
NYSE:LUVLong
by DEXWireNews
LUV is loving the summer vacation travel LONGLUV has been in a persistent trend up for a couple of months after lackluster earnings were reported in early May with another due on July 27th. The airports have been quite busy with vacation travel and Southwest has been part of that action. On the 1H chart, price has been supported by the line two standard deviations above the mean anchored VWAP which shows persistent relative strength in a rise of over 25% over two months. Price above the POC line of the volume profile is another sign of buyer dominance. The MACD indicator show the lines in parallel and above a positive histogram. The relative volatility indicator shows sufficient volatility to support momentum trading. I will take a long trade going into earnings. I will do this with ten call options contracts with a strike at $40 expiring on July 28th. On the last trading day, this contract had a low of $ 0.36 and a high of $0.48 for a range of 33% in a single day. I expect similar price action as the earnings date approaches. I expect to pay about $480 for ten contracts and the profit expectation is 100% over the next 15 trading days.
NYSE:LUVLong
by AwesomeAvani
Not enough LUVAirlines are not doing well still despite a bunch of propping up by various institutions. These earnings are going to be absolute garbage and the broader market is also gonna tank too. I expect a rally to the 44-45 range with a likely rebound Monday in the broader market. After this, there is nothing holding airlines up for the foreseeable future. What bullish catalyst exists for airlines right now? They've been on life support since the get-go and the labour shortage along with Omicron has completely wiped out Q4 earnings for airlines. TA-wise, it's rejecting the 500 day MA on the daily and is looking week on the RSI and MACD. Price action suggests serious bearish sentiment in the short term. I also put up a Fib retracement from the COVID crash and it's lining up well. Basically this area being rejected is another piece of evidence for serious downside. Also an evening star on the weekly confirmed. Puts and shorts ?
NYSE:LUVShort
by nathanielandrep
Southwest Airlines Looks Like It Wants to BreakawaySelling climax and capitulation occurred during period from Mar-2020 thru early Aug-2020. Covid-19 infection rates were shifting into acceleration mode and an effective vaccine had yet to be developed/approved. Economic conditions were deteriorating and the airline industry was barely "hanging by a thread". So what's different? Global economic recovery and loosening of TSA restrictions and CDC guidelines are a relief to both businesses and consumers. That's the fundamental story undergirding this price action in LUV. Technically speaking, LUV is undergoing a consolidation phase which began @ 3 months ago. This weekly chart shows a classic cup-with-handle pattern and typically is followed by a breakout to new highs or, at the very least, a high probability to test prior resistance levels @ 65-67 price levels. This creates a short-term trading opportunity or potential for an extended run for more patient investors who subscribe to the economic recovery investment thesis. Signing off.... J Clinton Hill TechnicallyMacro.com
NYSE:LUVLong
by Technically-Macro
$LUV potential long term value playThe airlines industry seems to have found a bottom over the past couple of months while the general market has rallied. It may be a good idea to start accumulating positions in some of these potential long term value plays before a possible sector rotation into the airlines industry. Here $LUV broke out of its falling wedge and the pullback gave us: 1) Support of the trendline 2) A higher low 3) Reclamation of the 8EMA and 21 EMA If it can clear and hold the 200 EMA I will start scaling into medium and long term calls. Another good indication would be similar plays in other airline stocks such as $JETS, $DAL, $UAL, $AAL et al.
NYSE:LUVLong
by zachyam
Southwest Airlines; Are the Bulls Ready to LUV this Stock?✨ We provide charts every day ✨ Like and Follow to help us grow family! 🎉 --- Hey gang! Let's take a look at Southwest Airlines to see if it can pull out of this tailspin. The LUV chart looks like hot trash on a southwest sidewalk right now, but we are slamming up against some major support, which might give this dead cat wings. --- 1. Fractal Trend is showing a downtrend (Red background color) for LUV on the daily chart. 2. With this setup, we want to take short positions when Fractal Trend signals a downtrend AND then Breakaway Scalper signals a short entry in the downtrend by showing a Red bar color. 3. You see from the above logic that LUV has been a great short during COVID. That said, it seems unlikely this stock will just go down forever, so we want to look for support and a reason to shed our short bias. 4. The first level to watch is the bullish orderblock at S1. S1 support is one of the last major supports before we hit the 2010 - 2013 range at S3. So it is one of those situations where it's "either we bounce here, or it's a long way down). 5. If this short signal does let up, and if the uptrend can continue at some point, we will be looking for a reaction at the bearish order blocks at R1 and R2 resistance.
NYSE:LUV
by AlphaBotSystem
United Airlines Zones Colors Red = Sell Green = Buy Gray = Do nothing Orange = Small short till blue Blue Institutional buying = already happened at least once Pink = Probably Bankruptcy or something at least in 2020 prices that low I would be worried lol IF the earnings report gets crushed it will go back down probably to the blue zone so keep an eye out big time. These gray area lines are extremely powerful if you look back. One interesting thing is I am finding cash flow of Quarterly Operating Expenses of drastic change immediately the next month or two lead to downtrends/or reversals of a decent amount. Need to do some algorithms in Tableau to test out my theory. It makes sense, if the company has less operating cash flow how can they run a profitable business for the next earnings report?
NASDAQ:UAL
by DigitalData
7
LUV Daily Tightening RangeLUV is clearly tightening on the daily timeframe with a series of lower highs and higher lows, forming an equilibrium pattern, triangle, whatever you want to call it. The point is that the break is imminent and it’s direction will likely be dictated by the stock price’s reaction to earnings next week. The most important levels right now are 29.73 support (and 29.15, the dump low, which is so close to 29.73 that if we break 29.73 we are also likely to break 29.15) and 37.31 resistance, then 43.56 resistance. Bulls are going to have a harder time than the bears on a bull break of 37.31 simply because the next resistance is so far away whereas bears can slice through both supports at once if we break down from here. From here I would fully expect another higher low to be set in a few days in order for the range to continue to tighten. Look for a trend change on the hourly from lower highs and lower lows to higher lows and higher highs to signal that the daily higher low is set. About the break: the bears have the weekly and monthly down trends in their favor. However, for monthly chart, this the first time since 2012 that RSI is around 30 (oversold levels) so I would expect a monthly oversold bounce to take place before we can continue to lower lows. Whether that monthly bounce comes on a bull break of this daily equilibrium or a rally from the lows after this equilibrium breaks bearish I can’t say. We are closer to breaking support than we are to resistance right now, but I am expecting a daily higher low to form and a bounce to potentially form a daily lower high after that. Compared to other airlines (UAL, DAL, AAL) LUV stood out during the dump as the most resilient. On the one hand, I might expect LUV to be a lead bull if this equilibrium breaks bullish due to how well relatively it fared vs other airlines but on the other hand, there is a huge zone of previous support now resistance at ~$45 level. Compare this to other airlines which barely formed any support on the way down and will therefore have much less resistance on the way up if we do break bullish from here. Thanks for reading. Hope this makes sense.
NYSE:LUV
by Roxhat
1
Is Southwest Airlines a Hidden Gem?This is my first TradingView video, hope you guys enjoy! Be sure to leave a like, follow, and comment! Southwest Airlines is a potential gem in this market as trade wars with China escalate. As Boeing ramps up production of their Max jets, Southwest also ramps up their flights as they are a primary user of the Boeing Max jets. Southwest did beat their earnings, however fell a little short on revenue, but if this is any indication towards Q3 earnings, I would feel bullish as these Boeing jets become more available. Southwest is also increasing their Hawaiian travel routes so this is great fundamental news for the airline! The Megalodon indicator uses a machine learning algorithm, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes! You will also receive real time buy and sell signals for the stock market, cryptocurrency, as well as forex markets! We also completed our cryptocurrency automated trade bot. It trades for you, using our backtested indicator with phenomenal results! Click the link in my bio and try out the megalodon indicators today!
NYSE:LUV
by RandallGurule
While the currencies sleep.... LUV looks AMAZING!I'm a heavy forex trader but sometimes the forex market just sits and makes us wait and when that happens I jump all over stocks (and vice versa) Right now I'm watching Southwest and it looks great, $50 is a major support zone and channel low, if that holds I like getting long (vertical put spread or call options) for a move into the high $50's. However if $50 does not hold I don't want to hang onto this stock, it could get messy below that support. Happy trading, let's make some bucks!
NYSE:LUVLong
by JaredJJohnson
2
Southwest Airlines Losing Some LUV?On March 30, 2017 Southwest Airlines Co. (LUV) 20 day moving average (MA) crossed below its 50 day MA. Historically this has occurred 94 times. When this happens, the stock does not always continue to drop. It has a median gain of 3.775% and maximum gain of 52.802% over the next 10 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 47.8715. RSI tends to determine overbought and oversold levels. I personally use anything above 75 as overbought and anything under 25 as oversold. The current reading declares the stock is neutral and looking for direction. The true strength index (TSI) is currently -5.0019. The TSI determines overbought/oversold levels and/or current trend. I solely use this as an indicator of trend as overbought and oversold levels vary. The TSI is double smoothed in its calculation and is a great indicator of upward and downward movement. The current reading declares the stock is trending down. The negative vortex indicator (VI) is currently 1.0680. The VI determines current trend and direction. When the positive level is higher than 1 and higher than the negative indicator, the overall price action is moving upward. When the negative level is higher than 1 and higher than the positive indicator, the overall price action is moving downward. The current reading declares the stock is trending downward but the positive vortex indicator is climbing and the negative indicator is beginning to drop. Considering the moving average crossover, RSI, TSI, and VI levels, the overall near-term stock direction appears to be slightly trending downward. Based on historical movement compared to current levels and the current position, the stock could drop 3.86% over the next two weeks. The stock recently broke out of its upward trend channel and has entered a narrower down channel. The exact width of the current channel is still to be determined. There is noticeable support around 51.75 which could be met in the near-term.
NYSE:LUVShort
by StockSignaler