Southwest Airlines (LUV) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for LUV · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$48.70last close · Aug 4, 202652-week range $28.98 – $55.11 · 11.63% below the high

LUV Triangle Pattern

LUV is currently forming a triangle on the daily timeframe. Detected Aug 4, 2026.

A triangle is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $50.76 (+17.6%). Across 13,619 backtested triangles, the setup followed through 52.4% of the time, averaging +0.36R; LUV's own triangles have hit 37.5%.

DirectionBullishTarget$50.76Projected move+17.6%Breakout level$44.14

New to this pattern? What a triangle is and how to trade it →

LUV's Most Recent Triangle Trade

LUV's most recent completed triangle resolved as a win: it broke higher on Jun 12, 2026 near $44.99, then reached its target at $50.25 on Jul 2, 2026 — a +1.26R move (11.7%) over 13 sessions. Across 189 backtested triangles, this setup wins 56.6% of the time.

OutcomeWinResult+1.26REntry$44.99Exit$50.25

Learn about triangle

How Triangles Have Performed

Win rate
52.4%
Avg return
+0.36R
Backtested trades
13,619
LUV win rate
37.5%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

LUV Pattern Trade History

Every completed pattern trade our nightly backtest found on LUV's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleJun 12, 2026 @ $44.99Jul 2, 2026 @ $50.25Win+1.26R
Bullish PennantMay 21, 2026 @ $40.78Jul 2, 2026 @ $50.25Win+2.67R
TriangleOct 17, 2025 @ $33.71Oct 29, 2025 @ $30.66Loss-1.15R
TriangleOct 8, 2025 @ $32.12Oct 20, 2025 @ $34.43Loss-1.30R
Rising WedgeDec 4, 2024 @ $34.15Feb 11, 2025 @ $29.77Loss-1.03R
TriangleOct 17, 2024 @ $30.55Nov 11, 2024 @ $32.65Loss-1.27R
Rising WedgeSep 27, 2024 @ $29.52Nov 8, 2024 @ $31.78Loss-1.07R
TriangleJul 26, 2024 @ $27.06Aug 27, 2024 @ $29.11Loss-1.36R
Falling WedgeMay 13, 2024 @ $27.74May 29, 2024 @ $25.51Loss-1.03R
Rising WedgeFeb 15, 2024 @ $34.06Mar 12, 2024 @ $28.76Loss-1.17R
TriangleJan 18, 2024 @ $29.93Mar 1, 2024 @ $33.96Win+1.71R
Falling WedgeAug 22, 2023 @ $31.57Oct 12, 2023 @ $25.48Win+2.38R

LUV Support and Resistance Levels

Price is bouncing off a floor near $44.61 and starting to climb. On the weekly chart, the next ceiling overhead sits near $55.58 — about 14% away.

  • Traders commonly watch $55.58 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $44.61 floor about a week ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $45.03, resistance near $50.77. These are chart/swing-derived levels, not formula pivots.

Resistance
$50.77$52.08$55.35$56.32
Support
$45.03$29.81$23.81

LUV Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$47.90$49.12$47.29$48.70
Aug 3, 2026$46.60$47.34$45.73$47.07
Jul 31, 2026$45.35$45.75$44.80$44.97
Jul 30, 2026$45.00$45.67$44.19$45.60
Jul 29, 2026$45.00$45.60$44.33$44.38
Jul 28, 2026$45.65$46.75$44.55$46.31
Jul 27, 2026$46.03$46.96$44.83$45.38
Jul 24, 2026$44.70$46.50$44.48$45.08
Jul 23, 2026$45.50$46.68$44.43$44.71
Jul 22, 2026$47.63$48.45$47.22$47.66

LUV Frequently Asked Questions

What chart pattern is LUV forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a triangle on Southwest Airlines (LUV) on the daily chart, with a measured-move target of $50.76.
Is a triangle bullish or bearish?
The triangle detected on LUV is a bullish pattern, projecting a measured-move target of $50.76. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a triangle pattern, and what is its win rate?
Across TradingPal's backtest of the triangle family (13,619 trades over 631 symbols), it resolved in the expected direction 52.4% of the time with an average of +0.36R. These are historical statistics, not a prediction.
What are the support and resistance levels for LUV?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), LUV's nearest support is around $45.03 and nearest resistance around $50.77.
What is the price target if LUV's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $50.76 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was LUV's closing price on Aug 4, 2026?
Southwest Airlines (LUV) last closed at $48.70 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.