Southwest Airlines Breaks Above 200-Day Moving Average – Bullish for LUV
In trading on Tuesday, shares of Southwest Airlines Co (Symbol: LUV) crossed above their 200 day moving average of $46.13, changing hands as high as $46.28 per share. Southwest Airlines Co shares are currently trading up about 0.7% on the day. The chart below shows the one year performance of LUV shares, versus its 200 day moving average:
Looking at the chart above, LUV’s low point in its 52 week range is $36.75 per share, with $62.26 as the 52 week high point — that compares with a last trade of $46.01. The LUV DMA information above was sourced from TechnicalAnalysisChannel.com
Click here to find out which 9 other stocks recently crossed above their 200 day moving average »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.