Southwest Airlines(LUV)

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

Auto-detected technical analysis for LUV · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$47.66last close · Jul 22, 202652-week range $28.98 – $55.11 · 13.52% below the high

LUV Triangle Pattern

LUV is currently forming a triangle on the daily timeframe. Detected Jul 22, 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 17,276 backtested triangles, the setup followed through 53.5% of the time, averaging +0.37R; LUV's own triangles have hit 51.9%.

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 11.7% move (+1.26R) over 13 sessions. Across 149 backtested triangles, this setup wins 61.1% of the time.

OutcomeWinResult+11.7%R+1.26REntry$44.99Exit$50.25

Learn about triangle

How Triangles Have Performed

Win rate

53.5%

Avg return

+0.37R

Backtested trades

17,276

LUV win rate

51.9%

Historical pattern statistics (1986-12-19 – 2026-07-16), 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.

Pattern	Entry	Exit	Outcome	Result
Triangle	Jun 12, 2026 @ $44.99	Jul 2, 2026 @ $50.25	Win	+17.6% · +1.26R
Bullish Pennant	May 21, 2026 @ $40.78	Jul 2, 2026 @ $50.25	Win	+21.9% · +2.67R
Triangle	Oct 17, 2025 @ $33.71	Oct 29, 2025 @ $30.66	Loss	+9.2% · -1.15R
Triangle	Oct 8, 2025 @ $32.15	Oct 20, 2025 @ $34.43	Loss	+11.5% · -1.30R
Rising Wedge	Sep 27, 2024 @ $29.52	Nov 8, 2024 @ $31.78	Loss	+22.2% · -1.07R
Triangle	Jul 26, 2024 @ $27.06	Aug 27, 2024 @ $29.11	Loss	+18.9% · -1.36R
Falling Wedge	May 13, 2024 @ $27.74	May 29, 2024 @ $25.51	Loss	+23.8% · -1.03R
Rising Wedge	Feb 15, 2024 @ $34.06	Mar 12, 2024 @ $28.76	Loss	+19.3% · -1.17R
Triangle	Jan 18, 2024 @ $29.93	Mar 1, 2024 @ $33.96	Win	+19.1% · +1.71R
Falling Wedge	Aug 22, 2023 @ $31.57	Oct 12, 2023 @ $25.61	Win	+18.6% · +2.33R
Falling Wedge	May 26, 2023 @ $29.32	Jul 13, 2023 @ $37.04	Win	+11.6% · +8.42R
Falling Wedge	Sep 16, 2022 @ $35.71	Sep 23, 2022 @ $31.78	Win	+11.2% · +1.15R

Triangle Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Open TDG’s live chart →

XLEEnergy Select Sector SPDR

Losing trade · −4.7%

Opened Jun 12, 2026

Closed Jul 22, 2026

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AONAon

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Opened Apr 15, 2026

Closed Jul 21, 2026

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Learn about triangle

LUV Support and Resistance Levels

Price was turned away at a ceiling near $53.27 about 2 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $45.13 — still about 5% away.

Traders commonly watch $45.13 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $53.27 ceiling about 2 weeks ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

LUV Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$47.63	$48.45	$47.22	$47.66
Jul 21, 2026	$48.97	$49.00	$47.88	$48.69
Jul 20, 2026	$48.50	$48.94	$47.93	$48.34
Jul 17, 2026	$48.75	$48.96	$47.56	$48.08
Jul 16, 2026	$49.02	$50.13	$48.81	$49.43
Jul 15, 2026	$47.77	$49.48	$47.77	$49.25
Jul 14, 2026	$48.23	$48.24	$47.17	$47.56
Jul 13, 2026	$48.25	$48.96	$47.59	$47.92
Jul 10, 2026	$48.81	$49.16	$48.00	$48.43
Jul 9, 2026	$49.50	$49.97	$48.71	$49.22

LUV Frequently Asked Questions

What chart pattern is LUV forming right now?

As of Jul 22, 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 (17,276 trades over 628 symbols), it resolved in the expected direction 53.5% of the time with an average of +0.37R. These are historical statistics, not a prediction.

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 Jul 22, 2026?

Southwest Airlines (LUV) last closed at $47.66 on Jul 22, 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.