Auto-detected technical analysis for LUV · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$52.09last close · Jun 25, 2026
LUV Bullish Pennant Pattern
No chart pattern is currently detected on LUV. The most recent was a Bullish Pennant, detected May 18, 2026.
A Bullish Pennant is a brief, tidy pause that typically continues the move higher. It projects a measured-move target near $48.74 (+21.9%). Across 13,034 backtested bullish pennants, the setup followed through 55.2% of the time, averaging +0.58R; LUV's own bullish pennants have hit 50.0%.
LUV is in an open Bullish Pennant setup — it broke higher near $40.78, projecting a target near $48.74, with invalidation at $36.85.
How Bullish Pennants have performed
Win rate
55.2%
Avg return
+0.58R
Backtested trades
13,034
LUV win rate
50.0%
Historical pattern statistics (1986-11-26 – 2026-06-08), not a prediction.
LUV support and resistance levels
Price is being turned away at a ceiling near $53.32 and starting to slide. On the weekly chart, the next floor below sits near $23.82 — about 54% away.
Traders commonly watch $23.82 as a target (its 100% 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.
Nothing here is a fresh signal — the short sets up right at the $53.32 ceiling, where price is testing it now, not out in the slide. Chasing once price pulls away is worse odds.
Nearest auto-detected support sits near $38.16, resistance near $53.21. These are chart/swing-derived levels, not formula pivots.
No pattern is currently detected on LUV. The most recent was a Bullish Pennant, detected May 18, 2026.
Is a Bullish Pennant bullish or bearish?
The Bullish Pennant detected on LUV is a bullish pattern, projecting a measured-move target of $48.74. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Bullish Pennant pattern, and what is its win rate?
Across TradingPal's backtest of the Bullish Pennant family (13,034 trades over 516 symbols), it resolved in the expected direction 55.2% of the time with an average of +0.58R. 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 Jun 25, 2026), LUV's nearest support is around $38.16 and nearest resistance around $53.21.
What is the price target if LUV's pattern breaks out?
The detected Bullish Pennant has a geometry-based measured-move target of $48.74 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was LUV's closing price on Jun 25, 2026?
Southwest Airlines (LUV) last closed at $52.09 on Jun 25, 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.
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