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- 2/27/2026 -
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Southwest Airlines (LUV) Technical Analysis

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Summary:
Weekly :Overbought sectorWilliams' Percentage Range and Lane's Stochastic are overboughtBroken trend resistance line
Daily :Lane's Stochastic is oversoldThe price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the Southwest Airlines (LUV). During the week, the LUV dropped -2.83 points, or -5.43%, and closed at 49.26 on Friday, February 27, 2026. Weekly volume was -11% below average.

LUV is a member of Industrials Sector. Industrials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See LUV long-term trend chart]
A long-term uptrend had started on November 1, 2023 at 21.91 and reached 55.11 on February 17, 2026. LUV gained -33.20 points, or -151.53%, in 119 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (30.84) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See LUV medium-term trend chart]
A medium-term uptrend had started on November 4, 2025 at 29.26 and reached 55.11 on February 17, 2026. LUV gained -25.85 points, or -88.35%, in 15 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 44.89 and resistance is at 57.14. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See LUV weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since November 21, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See LUV short-term trend chart]
A short-term downtrend had started on February 17, 2026 at 55.11 and reached 48.71 on February 27, 2026. LUV lost 6.40 points, or 11.61%, in 10 days. The price is now at the 8.59% retracement level.

Daily Technical Indicators: [See LUV daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic.

The daily MACD line is below its signal line since February 18, 2026. This is an indication that the short-term trend is down.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 34.81
Williams' Percentage Range (W%R) 56.10
Lane's Stochastic (%D-Slow) 16.10
Oversold
Greed/Fear Indicator (GFI) 31.61
Moving Average Converg./Diverg. (MACD) 2.11
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 74.52
Williams' Percentage Range (W%R) 16.90
Overbought
Lane's Stochastic (%D-Slow) 83.45
Overbought
Greed/Fear Indicator (GFI) 76.74
Moving Average Converg./Diverg. (MACD) 3.33
Trading Signals
Description Value Chart
Monthly Trendline Resistance 57.14
Upper Bollinger Band 53.80
Weekly Stochastic Crossing 52.88
Parabolic System 51.76
20 Day Moving Average 51.67
Daily Stochastic Crossing 49.63
Price 49.26
Lower Bollinger Band 46.45
50 Day Moving Average 46.06
Monthly Trendline Support 44.89
Sector and Industry
Description Name Rank
Sector Industrials 8
Industry Airlines 55
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 51.65
High Date 02/26/2026
Low 48.71
Low Date 02/27/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 55.11
High Date 02/17/2026
Low 48.71
Low Date 02/27/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 57.14
Support 44.89
Low 29.26
Low Date 11/04/2025
High 55.11
High Date 02/17/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 28.98
Low Date 08/11/2025
High 55.11
High Date 02/17/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 37.57
Support 30.84
Low 21.91
Low Date 11/01/2023
High 55.11
High Date 02/17/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.