Overall market sentiment has been high on Southwest Airlines Co (LUV) stock lately. LUV receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Southwest Airlines Co has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LUV!
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With LUV Stock Today?
Southwest Airlines Co (LUV) stock is lower by -0.02% while the S&P 500 has risen 2.13% as of 1:01 PM on Tuesday, Dec 7. LUV is lower by -$0.01 from the previous closing price of $45.55 on volume of 4,854,176 shares. Over the past year the S&P 500 has risen 27.02% while LUV is lower by -4.91%. LUV lost -$0.04 per share in the over the last 12 months.
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More About Southwest Airlines Co
Southwest Airlines is the largest domestic carrier in the United States, as measured by the number of originating passengers boarded. Southwest operates over 700 aircraft in an all-Boeing 737 fleet. Despite expanding into longer routes and business travel, the airline still specializes in short-haul leisure flights, using a point-to-point network. Southwest operates a low-cost carrier business model.
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