US stock / ETF

Southwest Airlines Co.

LUV · NYSE · USD

4 hoursRange51%
4h Range probability 98%Range

LUV 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $40.45 - $43.25 with volume.

Invalidation Trigger

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

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateRange
Momentum mixed

RSI 52.5, MACD -0.023

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.4708 (1.12%)

4h

EMA Structure

Bullish
EMA 8$42.04Bearish
EMA 21$41.92Bullish
EMA 50$41.47Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.5 · MACD -0.023

Neutral zone

Strength
Range
Volatility
ATR $0.4708 · BB 2.28%

Low volatility

Strength
Bullish
Volume
MFI 56.8 · OBV -12.44%

Relative to 20-period average volume

Strength
Range
Price Levels
$40.45 - $43.25

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+4.07% · 3.6 ATR above latest close

$43.72
Nearest resistance

+2.95% · 2.6 ATR above · 34-bar high

$43.25
Current price

Price shown is delayed

$42.01
Nearest support

-3.71% · 3.3 ATR below · 34-bar low

$40.45
Deeper support zone

-4.83% · 4.3 ATR below latest close

$39.98
ATR zone

Latest close ± ATR14

$41.54 - $42.48

Indicators

Trend

Dow Theory Structure

Confirmation $42.99, invalidation $41.2

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

Trend strength is active

28.9 / 18.4 / 20.9Bearish
Supertrend (10,3)

Price is above Supertrend

$40.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.97 / $40.71Bullish
Donchian Channel (20)

20-period breakout channel position

45%Range

Volatility

ATR (14)

Low volatility

$0.4708 (1.12%)Bullish
Bollinger Bands (20,2)

Width 2.28%

50%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$42.89 / $40.98Bullish
ATR channel lower / upper

Current Volatility Envelope

$41.54 / $42.48Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$43.25Range
Support

Nearest Downside Decision Level

$40.45Range

Momentum

RSI (14)

Neutral zone

52.5Range
MACD (12,26,9)

Histogram is negative

-0.023Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.3 / 49.5Bearish
Williams %R (14)

Neutral zone

-54.7Range
CCI (20)

Balanced zone

40.7Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.8Bullish
OBV slope

20-period OBV slope

-12.44%Bearish
Volume ratio

Relative to 20-period average volume

1.48xBullish

Trend

Dow Theory Structure

Confirmation $42.99, invalidation $41.2

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

Trend strength is active

28.9 / 18.4 / 20.9Bearish
Supertrend (10,3)

Price is above Supertrend

$40.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.97 / $40.71Bullish
Donchian Channel (20)

20-period breakout channel position

45%Range

Momentum

RSI (14)

Neutral zone

52.5Range
MACD (12,26,9)

Histogram is negative

-0.023Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.3 / 49.5Bearish
Williams %R (14)

Neutral zone

-54.7Range
CCI (20)

Balanced zone

40.7Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

Low volatility

$0.4708 (1.12%)Bullish
Bollinger Bands (20,2)

Width 2.28%

50%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$42.89 / $40.98Bullish
ATR channel lower / upper

Current Volatility Envelope

$41.54 / $42.48Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

56.8Bullish
OBV slope

20-period OBV slope

-12.44%Bearish
Volume ratio

Relative to 20-period average volume

1.48xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$43.25Range
Support

Nearest Downside Decision Level

$40.45Range

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