US stock / ETF

Southwest Airlines Co.

LUV · NYSE · USD

1 dayRange52%
Daily Range probability 96%Range

LUV 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Break either side of $37.75 - $43.2 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 51.2, MACD 0.018

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $1.52 (3.69%)

Daily

EMA Structure

Bearish
EMA 8$40.74Bullish
EMA 21$40.88Bullish
EMA 50$41.52Bearish

Signals

CategoryReadStrength
Momentum
RSI 51.2 · MACD 0.018

Neutral zone

Strength
Bullish
Volatility
ATR $1.52 · BB 9.67%

Medium volatility

Strength
Range
Volume
MFI 48.3 · OBV 1.42%

Relative to 20-period average volume

Strength
Range
Price Levels
$37.75 - $43.2

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+8.5% · 2.3 ATR above latest close

$44.71
Nearest resistance

+4.82% · 1.3 ATR above · 34-bar high

$43.2
Current price

Price shown is delayed

$41.21
Nearest support

-8.4% · 2.3 ATR below · 34-bar low

$37.75
Deeper support zone

-12.08% · 3.3 ATR below latest close

$36.23
ATR zone

Latest close ± ATR14

$39.69 - $42.73

Indicators

Trend

Dow Theory Structure

Confirmation $38.5, invalidation $41.25

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

26.2 / 12.7 / 20.8Bearish
Supertrend (10,3)

Price is above Supertrend

$35.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$40.57 / $41.77Bearish
Donchian Channel (20)

20-period breakout channel position

58%Range

Volatility

ATR (14)

Medium volatility

$1.52 (3.69%)Range
Bollinger Bands (20,2)

Width 9.67%

51%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$44.28 / $37.46Range
ATR channel lower / upper

Current Volatility Envelope

$39.69 / $42.73Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$43.2Range
Support

Nearest Downside Decision Level

$37.75Range

Momentum

RSI (14)

Neutral zone

51.2Range
MACD (12,26,9)

Histogram is positive

0.018Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

58.2 / 54.6Bullish
Williams %R (14)

Neutral zone

-41.8Range
CCI (20)

Balanced zone

-3.2Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.3Range
OBV slope

20-period OBV slope

1.42%Bullish
Volume ratio

Relative to 20-period average volume

0.32xBearish

Trend

Dow Theory Structure

Confirmation $38.5, invalidation $41.25

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

26.2 / 12.7 / 20.8Bearish
Supertrend (10,3)

Price is above Supertrend

$35.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$40.57 / $41.77Bearish
Donchian Channel (20)

20-period breakout channel position

58%Range

Momentum

RSI (14)

Neutral zone

51.2Range
MACD (12,26,9)

Histogram is positive

0.018Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

58.2 / 54.6Bullish
Williams %R (14)

Neutral zone

-41.8Range
CCI (20)

Balanced zone

-3.2Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$1.52 (3.69%)Range
Bollinger Bands (20,2)

Width 9.67%

51%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$44.28 / $37.46Range
ATR channel lower / upper

Current Volatility Envelope

$39.69 / $42.73Range

Volume / Money Flow

MFI (14)

Money flow is neutral

48.3Range
OBV slope

20-period OBV slope

1.42%Bullish
Volume ratio

Relative to 20-period average volume

0.32xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$43.2Range
Support

Nearest Downside Decision Level

$37.75Range

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