LUV technical analysis
LUV Technical Analysis
Analysis date
August 5, 2026
Market
NYSE (USD)
Daily cutoff
August 4, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
LUV Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- LUV
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 4, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 48.70 | August 4, 2026 | - | Verified |
| Verification series | 48.69 | August 4, 2026 | 0.02% | Verified |
Bottom line
LUV Technical Analysis Summary
LUV (Southwest Airlines) shows a constructive technical picture on both timeframes after a strong bounce. Price at 48.70 sits above SMA20 (47.27), SMA50 (46.51), and SMA200 (41.65) on the daily chart, with the moving averages in a bullish alignment following a pullback into the low-44 area. RSI14 at 56.30 on the daily is above the neutral midpoint but not overbought, while the daily MACD at -0.24 remains just below its signal line at -0.14, indicating momentum has improved but is not yet fully confirmed. The weekly chart is also bullish with price at 44.97 above SMA20 (43.00), SMA50 (40.02), and SMA200 (32.13) in a rising alignment; the weekly RSI at 52.64 is near neutral and the weekly MACD at 1.99 sits marginally above its signal. Key resistance stands at 50.13 (20-day high), 53.13 (60-day high), and 54.63 (52-week high). Key support is at 47.27 (SMA20), 44.19 (20-day low), and 37.07 (60-day low). A sustained move above 50.13 with expanding volume would confirm renewed upside; a break back below SMA20 at 47.27 would suggest the bounce is losing traction.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 4, 2026)
- Trend
- Bullish structure with recent strength. Price at 48.70 is above SMA20 (47.27), SMA50 (46.51), and SMA200 (41.65), with all three averages in a rising alignment. The SMA200 is sloping upward, confirming a longer-term uptrend. Price reclaiming SMA20 after a pullback into the low-44 area signals renewed short-term strength.
- Momentum
- Mixed but improving. RSI14 at 56.30 is above the neutral midpoint, reflecting constructive momentum without being overbought. MACD at -0.24 is still slightly below zero and below its signal line at -0.14, with the histogram at -0.09. The negative histogram means the MACD has not yet confirmed the price bounce, so a turn positive would be needed to confirm upside momentum.
- Volatility
- Moderate. ATR14 at 1.78 (3.66% of price) reflects normal daily movement. Bollinger Bands (43.97 to 50.57) place price at 48.70 in the upper half of the band range, consistent with the recent advance. Band width is average, suggesting no volatility expansion.
- Volume
- Below average. Latest volume of 4,243,572 is 0.76x the 20-period average (5,585,744), indicating reduced participation during the recent advance. Modest volume on up moves can limit conviction until participation expands.
Assessment
The daily chart has turned more constructive. Price is back above all major SMAs with a bullish alignment, and RSI is above the neutral midpoint. The main caveat is the MACD, which remains slightly below zero with a negative histogram, meaning momentum confirmation is incomplete. Holding above SMA20 (47.27) keeps the near-term bias positive, and volume confirmation would strengthen the case.
Weekly (July 27, 2026 week)
- Trend
- Bullish. Price at 44.97 is above SMA20 (43.00), SMA50 (40.02), and SMA200 (32.13), with all three SMAs in a rising alignment. This is a bullish moving average configuration, and the SMA200 at 32.13 confirms the long-term trend is positive even after the recent multi-week pullback.
- Momentum
- Neutral to mildly constructive. RSI14 at 52.64 is just above the neutral midpoint, reflecting balanced momentum after the pullback. MACD at 1.99 is above its signal line at 1.91 with the histogram positive at 0.09, though the margin is thin, indicating the weekly momentum edge has narrowed.
- Volatility
- Elevated. ATR14 at 3.93 (8.74% of price) reflects wide weekly ranges, consistent with the sharp swings from the 28.45 low to the 54.63 high over the past year. Bollinger Bands (34.23 to 51.78) are wide, with price sitting near the middle of the range.
- Volume
- Below average. Weekly volume of 25,810,600 is 0.78x the 20-week average (33,187,540). Below-average volume during the pullback suggests the selling was not accompanied by heavy distribution.
Assessment
The weekly timeframe remains structurally bullish. Price is above all major SMAs in a rising alignment, and RSI is near neutral while MACD stays positive. The recent multi-week pullback has taken price to the middle of the Bollinger range, and a stabilization here would keep the intermediate and long-term uptrend intact.
Key indicators
LUV Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 56.30 | 52.64 |
| MACD (12, 26, 9) | -0.24 / -0.14 / -0.09 | 1.99 / 1.91 / 0.09 |
| ATR (14) | 1.78 (3.66%) | 3.93 (8.74%) |
| Bollinger Bands (20, 2) | 43.97 - 50.57 | 34.23 - 51.78 |
| SMA (20) | 47.27 | 43.00 |
| SMA (50) | 46.51 | 40.02 |
| SMA (200) | 41.65 | 32.13 |
Price structure
LUV Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 48.70 | 44.97 |
| 1-Period Return | +3.46% | -0.24% |
| 5-Period Return | +5.16% | -13.37% |
| 20-Period Return | -1.48% | +16.56% |
| 60-Period Return | +18.18% | +37.63% |
| 252-Period Return | +66.49% | -10.29% |
| 52-Week Low | 28.45 | 28.45 |
| 52-Week High | 54.63 | 54.63 |
| 52-Week Position | 77.34% | 63.10% |
Key levels
LUV Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 50.13 | 53.13 |
| 20-Period Low | 44.19 | 35.57 |
| 60-Period High | 53.13 | 54.63 |
| 60-Period Low | 37.07 | 28.45 |
Scenarios
LUV Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks and holds above the 20-day high at 50.13 with expanding volume, opening a move toward 53.13 (60-day high) and then 54.63 (52-week high).
Invalidation
A daily close back below SMA20 at 47.27 would signal the bounce is losing traction.
What to watch
Daily MACD histogram turning from negative to positive. RSI14 moving and holding above 60. Volume expanding on up days.
Range-Bound
Trigger
Price continues to oscillate between support at 44.19-47.27 and the 50.13-53.13 resistance zone.
Invalidation
A decisive break of either boundary with increased volume.
What to watch
RSI staying between 50 and 60 on the daily. Volume remaining near or below average. Daily MACD staying slightly negative without accelerating lower.
Bearish
Trigger
Price breaks below SMA20 (47.27) and then the 20-day low at 44.19 with expanding volume, opening a move toward 37.07 (60-day low).
Invalidation
Price reclaims and holds above the 50.13 area for multiple days.
What to watch
Sustained closes below SMA50 (46.51); daily MACD crossing further below zero; RSI14 falling below 45; weekly RSI turning down.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 4, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 4, 2026, weekly July 27, 2026 week. Generated August 5, 2026.
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