US stock / ETF

Southwest Airlines Co.

LUV · NYSE · USD

1 weekBearish58%
Weekly Downside probability 58%Bearish

LUV 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $44.26 and stabilize above resistance $55.11.

Invalidation Trigger

Break above $55.11 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 44.4, MACD -0.577

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $3.74 (9.27%)

Weekly

EMA Structure

Bullish
EMA 8$44.72Bearish
EMA 21$44.26Bearish
EMA 50$41.4Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.4 · MACD -0.577

Momentum is weak

Strength
Bearish
Volatility
ATR $3.74 · BB 35.49%

High volatility

Strength
Bearish
Volume
MFI 53.4 · OBV -2.66%

Relative to 20-period average volume

Strength
Range
Price Levels
$35.73 - $55.11

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+45.74% · 4.9 ATR above latest close

$58.85
Nearest resistance

+36.48% · 3.9 ATR above · 34-bar high

$55.11
Current price

Price shown is delayed

$40.38
Nearest support

-11.52% · 1.2 ATR below · 34-bar low

$35.73
Deeper support zone

-20.78% · 2.2 ATR below latest close

$31.99
ATR zone

Latest close ± ATR14

$36.64 - $44.12

Indicators

Trend

Dow Theory Structure

Confirmation $49.73, invalidation $37.23

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

37.9 / 30.6 / 25.1Bullish
Supertrend (10,3)

Price is above Supertrend

$30.66Bullish
Ichimoku Cloud

Cloud Span A / Span B

$45.46 / $42.19Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Volatility

ATR (14)

High volatility

$3.74 (9.27%)Bearish
Bollinger Bands (20,2)

Width 35.49%

27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$51.88 / $36.81Bearish
ATR channel lower / upper

Current Volatility Envelope

$36.64 / $44.12Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$55.11Range
Support

Nearest Downside Decision Level

$35.73Range

Momentum

RSI (14)

Momentum is weak

44.4Bearish
MACD (12,26,9)

Histogram is negative

-0.577Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.8 / 41.9Bearish
Williams %R (14)

Oversold zone

-80.2Bullish
CCI (20)

Balanced zone

-50.3Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.4Range
OBV slope

20-period OBV slope

-2.66%Bearish
Volume ratio

Relative to 20-period average volume

0.69xBearish

Trend

Dow Theory Structure

Confirmation $49.73, invalidation $37.23

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

37.9 / 30.6 / 25.1Bullish
Supertrend (10,3)

Price is above Supertrend

$30.66Bullish
Ichimoku Cloud

Cloud Span A / Span B

$45.46 / $42.19Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Momentum

RSI (14)

Momentum is weak

44.4Bearish
MACD (12,26,9)

Histogram is negative

-0.577Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.8 / 41.9Bearish
Williams %R (14)

Oversold zone

-80.2Bullish
CCI (20)

Balanced zone

-50.3Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$3.74 (9.27%)Bearish
Bollinger Bands (20,2)

Width 35.49%

27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$51.88 / $36.81Bearish
ATR channel lower / upper

Current Volatility Envelope

$36.64 / $44.12Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.4Range
OBV slope

20-period OBV slope

-2.66%Bearish
Volume ratio

Relative to 20-period average volume

0.69xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$55.11Range
Support

Nearest Downside Decision Level

$35.73Range

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