Southwest Airlines Co. technical analysis
Technical analysis of Southwest Airlines Co. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Southwest Airlines Co.
Southwest Airlines Co. is an airline company that provides scheduled passenger air transportation services in the United States and internationally. It operates a fleet of 803 Boeing 737 aircraft and serves 117 destinations across 42 U.S. states, the District of Columbia, Puerto Rico, and ten near-international countries. The company also offers complementary services including the Rapid Rewards loyalty program, online booking tools, in-flight entertainment, and ancillary services such as baggage fees, early check-in, and pet transportation.
Description generated automatically from public sources; it may be inaccurate or out of date.
Southwest Airlines Co.: latest session data
Closing values for October 19, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
41.35 $
−6.17%
50 sessions
40.92 $
−5.19%
200 sessions
43.17 $
−10.11%
Session levels
s2
38.27
Support
s1
38.88
Support
pivot
40.07
Pivot
r1
40.68
Resistance
r2
41.87
Resistance
How to read it
In the October 19, 2026 session Southwest Airlines Co. closed lower at 38.80 $, −1.77% versus the previous session.
The price sits below every moving average observed: −6.17% against the 21-session average, −5.19% against the 50 and −10.11% against the 200.
The 14-period RSI reads 38.5, in neutral territory.
MACD stands at -0.400 against a signal line at -0.112: the histogram is negative (−0.288).
ADX reads 14.1, indicating weak directionality.
Levels computed on the latest session place supports at 38.88 and 38.27 $ and resistances at 40.68 and 41.87 $, around a pivot of 40.07.
The average daily range (ATR) is 1.267 $, or 3.27% of price.
Turnover was 4.4M shares, 75% of the 20-session average.
Over the last twelve months the price ranged between 36.59 and 52.88 $, and today stands −26.63% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
If you're not registered we'll ask you to sign in (free), then open the LUV analysis.
How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about Southwest Airlines Co.
How is Southwest Airlines Co. analysed technically?
Technical analysis of Southwest Airlines Co. is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Southwest Airlines Co.?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Southwest Airlines Co.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Southwest Airlines Co. it helps frame the technical structure of the historical chart and is not a forecast.
Other tickers to analyse
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
Are you an issuer and want a correction or removal? Write to info@montbon.com.