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Takip Edin: @UscMarketsLUV Stock Forecast & Southwest Airlines Co. Chart Analysis
This article provides a detailed analysis of LUV-Southwest Airlines Co. stock including a forecast for LUV shares. It features Southwest Airlines Co. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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LUV Historical Data Review
LUV Current Price Performance Analysis
The Southwest Airlines Co. - LUV stock traded on the American stock market, on 06-05-2024, closed at 28.46$ with a %2.37 increased compared to the previous day.
In the last month, the price of LUV changed by %3.79 increased in value, from 27.42 dollars on 05-06-2024 to 28.46 dollars, increased.
Last year, the price of LUV was 30.39 dollars on 06-06-2023, and changed by %-6.35 decreased in value, to 28.46 dollars decreased within a year.
The price of Southwest Airlines Co. stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
LUV with AI Stock Forecast & Price Target
On the LUV chart Southwest Airlines Co. price was recorded as 28.46 Dollars on 06/05/2024.
The artificial intelligence's forecast on LUV stock is as follows.
The artificial intelligence's prediction error margin for LUV stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Southwest Airlines Co. stock over the next 4 months is: 18.8 Dollars.
The commentary on LUV stock Target Price: Highest: 26.398 Dollars is predicted.
The commentary on LUV stock Target Price: Lowest: 14.595 Dollars is predicted.
Resistance Price where Southwest Airlines Co. stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-03-2024 | 19.979 |
| 12-12-2024 | 18.189 |
| 03-07-2025 | 15.597 |
Support Price where Southwest Airlines Co. stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-18-2024 | 19.719 |
| 11-12-2024 | 17.263 |
| 02-20-2025 | 15.587 |
The commentary on LUV stock: The target price can generally be said to be on the decline.
The commentary on LUV stock: Fluctuations in the target price can be expected in the coming days.
The target price for Southwest Airlines Co. stock by the end of 2024 is predicted to be 17.883 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on LUV stock, and the 2024 target price predictions for Southwest Airlines Co. are detailed above.
The technical analysis and charts for the commentary on LUV stock are below.
LUV Support & Resistance and Trend Analysis
LUV stock you have reviewed the technical analysis support resistance charts regarding.
LUV : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the LUV review, the Southwest Airlines Co. support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Southwest Airlines Co. Support and Resistance Prices:
| LUV Support Level Price | LUV Resistance Level Price |
|---|---|
| 22.58 | 25.22 |
| 24.22 | 27.32 |
| 24.60 | 28.37 |
| 25.57 | 29.51 |
| 26.00 | 29.66 |
| 27.25 | 29.97 |
| 27.41 | 30.01 |
| 27.57 | 30.49 |
| 27.76 | 32.80 |
| 28.13 | 35.05 |
| 29.41 | 35.18 |
LUV Technical Analysis: SMA, RSI, MACD
Upon reviewing the LUV chart, buy and sell signals have been generated in the Southwest Airlines Co. technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for LUV stock are as follows:- The technical analysis for LUV indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for LUV indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Southwest Airlines Co. issued a 'Buy' signal when the MACD was at -0.328, with the current MACD value being: -0.119
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Southwest Airlines Co. stock: Click here to read more predictions on Imperial Brands PLC stock.
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