$LUV Southwest Airlines Co Stock Robo Analyst July 23 2020 #LUV

Southwest Airlines Co (LUV) “On a long-term technical basis, the stock (LUV) is trading below its 200-day moving average which generally implies it is in a negative trend. The new level of support is at 26.57.

The stock has support at 32.50 and 29.73. If the stock breaks down through support at 32.50 then it will probably continue lower to 29.73. The stock has resistance at 33.24 and at 35.60. If the stock breaks up through resistance at 33.24 then it will probably continue higher to 35.60. The 200-day moving average is at 44.48. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (46.67).”