$LUV Southwest Airlines Co Stock Robo Analyst April 29 2020 #LUV

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

The stock has support at 29.15 and 25.51. If the stock breaks down through support at 29.15 then it will probably continue lower to 25.51. The stock has resistance at 29.73 and at 37.31. If the stock breaks up through resistance at 29.73 then it will probably continue higher to 37.31. The 200-day moving average is at 50.52. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (10.26).”