Trading Signals: LUV Stock Price Prediction and Forecast

^ LUV: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. May. 27, 2020

Trading Signals: LUV Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Dec. 22, 2023)

(Southwest Airlines Co.)
LUV latest price $33.6600 (3.51%) ($31.4000 - $35.1600) on Wed. May. 27, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   6.04% (three month average)
RSI   72
Latest Price   $33.6600(3.51%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   LUV advances 4% a day on average for past five trading days.
Weekly Trend   LUV advances 10.4% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support LUV advance at 0% a week (0% probability)
JETS(88%)    IWN(70%)    PEJ(70%)    IWM(65%)    IWD(64%)
Factors Impacting LUV price   LUV will decline at least -3.02% in a week (0% probabilities).
VIXM(-36%)    UUP(-17%)    VXX(-15%)    TLT(-14%)    SHY(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.02% (StdDev 6.04%)
Hourly BBV 1 ()
Intraday Trend -3.2%

5 Day Moving Average   $30.76(9.43%)
10 Day Moving Average   $28.32(18.86%)
20 Day Moving Average   $27.82(20.99%)
To recent high   -28.3%
To recent low   41%
Market Cap   $19.855b

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.

$. LUV price fluctuates within 9.92% (three month std-dev: 6.04%) daily (68% of days).

Sample size 3 Average positive next day return: 6.57%(67%) Average negative next day return: -0.33%(33%) Sample size 3 Average positive next three day return: 5.41%(33%) Average negative next three day return: -2.2%(67%) Sample size 3 Average positive next weekly return: 3.47%(33%) Average negative next weekly return: -2.19%(67%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200627

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	May_27_2020	41.37	27.82	28.32	30.76	30.98	32.74	33.66(3.51%)	UT	OpenLong	75	1.1	57	420	37	118	44.66	43%	-0.51	16.1	6.04%	1	2.1	72	1.5
2	May_26_2020	41.58	27.57	27.44	29.57	29.91	30.51	32.52(12.64%)	UT	OpenLong	75	1.2	44	170	29	87	41.18	43%	-0.83	3.7	6.04%	1.7	2	64	1.3
3	May_22_2020	41.93	27.57	26.74	28.48	28.87	29.22	28.87(-2.47%)	UD	OpenLong	75	0.2	25	130	14	56	17.35	37%	-0.64	-13.6	5.81%	-0.7	0.7	53	1.2
4	May_21_2020	42.2	27.57	26.54	27.48	28.36	29.31	29.6(1.54%)	UT	OpenLong	75	0.9	27	330	26	31	22.03	37%	-0.31	-29	5.85%	1	1	50	1.1
5	May_20_2020	42.33	27.37	26.1	26.52	26.98	28.53	29.15(5.27%)	RB	SmallLong	20	1.2	20	450	30	-9	27.19	37%	-0.59	-41.6	5.84%	1	0.8	43	1.5

6	May_19_2020	42.58	27.38	25.65	25.49	25.77	27.41	27.69(2.21%)	N/A	N/A	0	1	9	480	29	-52	35.69	37%	-0.65	-58.5	5.79%	1.1	0.1	41	0.9
7	May_18_2020	42.86	27.48	25.49	25	24.77	25.43	27.09(13.49%)	DP	OpenShort	-65	0.9	-8	160	16	-79	27.16	37%	-0.65	-68.9	5.77%	1.6	-0.2	43	1.4
8	May_15_2020	43.14	27.67	25.5	24.8	24.47	24.12	23.87(-3.67%)	DT	OpenShort	-75	-0.4	-36	-140	-12	-106	18.75	33%	-0.74	-73.9	5.47%	-0.2	-1.5	35	1
9	May_14_2020	43.46	28.04	26.02	25.46	25.01	24.1	24.78(3.25%)	DP	OpenShort	-75	-0.3	-32	-310	-12	-92	23.14	33%	-0.44	-79.9	5.51%	0	-1.4	36	0.8
10	May_13_2020	43.65	28.34	26.63	25.6	25.65	24.82	24(-4.91%)	DT	OpenShort	-75	-0.7	-33	-220	-15	-88	22.92	33%	-0.73	-83.5	5.48%	-1.5	-1.8	31	0.1

11	May_12_2020	43.97	28.78	27.32	25.78	26.05	25.92	25.24(-3.26%)	DT	OpenShort	-75	-0.2	-25	-0	-8	-77	16.77	33%	-0.72	-79.6	5.46%	-1.8	-1.4	35	1.2
12	May_11_2020	44.29	29.25	27.77	26.02	25.94	26.49	26.09(-4.08%)	DT	OpenShort	-75	0	-20	140	-2	-72	20.78	33%	-0.65	-70.4	5.46%	-0.3	-1.2	36	2.3
13	May_8_2020	44.58	29.65	28.08	26.31	26.07	26.17	27.2(6.88%)	DP	OpenShort	-65	0.4	-18	-0	1	-73	19.06	33%	-0.62	-64.2	5.41%	1.8	-1	36	2
14	May_7_2020	44.86	30.1	28.29	26.72	26.21	25.38	25.45(2.09%)	DP	OpenShort	-75	-0.4	-40	-280	-26	-83	24.46	31%	-0.66	-47.2	5.36%	-0.6	-1.6	27	1.4
15	May_6_2020	45.16	30.55	28.78	27.88	27.12	25.98	24.93(-5.64%)	DT	OpenShort	-75	-1.1	-42	-380	-34	-66	36.89	32%	-0.66	-35.1	5.35%	-1.6	-2	27	0.8

16	May_5_2020	45.46	30.96	29.3	29.09	28.61	27.03	26.42(-4.14%)	DT	OpenShort	-75	-1.1	-31	-440	-25	-48	36.59	33%	-0.63	-31.9	5.32%	-1.1	-1.9	25	1.1
17	May_4_2020	45.75	31.2	29.69	29.74	29.62	28.26	27.56(-5.71%)	DT	HoldShort	-65	-1	-32	-330	-25	-51	43.38	33%	-0.61	-36.3	5.33%	-1	-1.7	23	0.5
18	May_1_2020	46.03	31.38	30.06	30.05	30.17	30.19	29.23(-6.46%)	DT	OpenShort	-75	-0.4	-18	20	-8	-49	36.28	34%	-0.56	-47.7	5.26%	-1.5	-1.1	30	0.4
19	Apr_30_2020	46.29	31.51	30.25	30.07	30.2	31.02	31.25(0.9%)	DP	OpenShort	-65	0.6	-4	200	14	-57	62.26	35%	-0.52	-70.2	5.21%	1	-0.1	28	1.3
20	Apr_29_2020	46.53	31.54	30.18	29.85	29.75	30.15	30.97(4.31%)	DP	OpenShort	-65	0.6	-11	80	11	-75	101.53	35%	-0.53	-88.8	5.21%	1.4	-0.3	39	1.7

21	Apr_28_2020	46.78	31.76	30.33	29.6	29.61	29.4	29.69(1.99%)	DP	OpenShort	-75	0	-22	-50	-1	-86	53.96	35%	-0.57	-89.1	5.17%	1.5	-1	41	1.2
22	Apr_27_2020	47.05	32.02	30.8	29.68	29.72	29.36	29.11(-0.75%)	DT	OpenShort	-75	-0.3	-28	-80	-11	-77	14.06	35%	-0.59	-84.6	5.17%	-0.4	-1.3	48	1.4
23	Apr_24_2020	47.33	32.38	31.3	30.07	29.97	29.82	29.33(-2.69%)	DT	OpenShort	-75	-0.3	-22	-50	-10	-59	14.96	36%	-0.57	-70.8	5.17%	-0.9	-1.3	49	0.9
24	Apr_23_2020	47.6	32.95	31.99	30.44	30.41	30.1	30.14(1.45%)	DP	OpenShort	-75	-0.1	-11	-70	-3	-34	11.61	37%	-0.56	-38.5	5.18%	0.1	-1	48	0.4
25	Apr_22_2020	47.87	33.4	32.41	30.55	30.72	30.12	29.71(-1.33%)	DT	OpenShort	-75	-0.3	-19	-120	-15	-30	15.65	37%		-29.3	5.2%	-1.3	-1.2	45	0.3
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

Click to see actual return for next trading day.