Trading Signals: LUV Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Dec. 22, 2023)(Southwest Airlines Co.)
| LUV latest price $39.8500 (0.43%) ($39.5660 - $40.7500) on Mon. Oct. 19, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.31% (three month average) | RSI | 67 | Latest Price | $39.8500(0.43%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | LUV advances 0.3% a day on average for past five trading days. | Weekly Trend | LUV advances 1.7% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support LUV advance at 0% a week (0% probability) JETS(86%) PEJ(68%) IWN(67%) IYT(67%) IWM(64%) | Factors Impacting LUV price | LUV will decline at least -1.155% in a week (0% probabilities). VIXM(-34%) UUP(-16%) VXX(-13%) TLT(-8%) SHY(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.155% (StdDev 2.31%) | Hourly BBV | 0.3 () | Intraday Trend | -0.4% | | | |
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5 Day Moving Average | $39.34(1.3%) | 10 Day Moving Average | $39.11(1.89%) | 20 Day Moving Average | $38.49(3.53%) | To recent high | -5.3% | To recent low | 29% | Market Cap | $23.506b | | | | Southwest Airlines Co. engages in the management of a passenger airline. It operates in U.S. states, District of Columbia, the Commonwealth of Puerto Rico, Mexico, Jamaica, The Bahamas, Aruba, Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. The company was founded by Rollin W. King and Herbert D. Kelleher on March 15, 1967 and is headquartered in Dallas, TX. |