Southwest Airlines Co. (LUV)
Industrials · Airlines, Airports & Air Services · Data as of 2026-09-01
Bottom line
LUV is trading near its usual valuation, in the middle of its recent price range, and recent volume suggests money flowing out. The picture is mixed, so it may be worth watching rather than acting on. Past patterns are not a guarantee of future results.
Valuation — Cheap-looking, with quality flags (Yellow)
LUV trades at 24× earnings, below its own 5-year average of 37× and below similar industrials companies we track (30×, 73 peers). Historically this has been on the cheaper side for the stock. On next year's expected earnings (14 analyst estimates), it trades at 11× — below its historical average. Its current multiple sits around the 4th percentile of its own last five years — toward the low end of its own range.
Quality check: the business reported positive earnings but negative free cash flow over the last year — a gap that often traces to working capital absorbing cash.
Price zones — In the middle of its recent range (Yellow)
At $37.68, the stock sits between its recent support and resistance levels. Over the past year LUV has traded between $29.26 and $55.11; its historical support zone sits near $29.26 and resistance near $42.97. It is below both its 50- and 200-day averages, which has historically signalled a downtrend.
52-week range $29.26–$55.11 · 50-day average $46.13 · 200-day average $42.97
Money flow — Money is flowing out (Red)
Recent trading in LUV shows more volume on falling days than rising days, a pattern often described as distribution. Volume on up days has been about 0.8× volume on down days over the last 30 sessions.
About the company
Southwest Airlines Co. functions as a passenger airline, offering scheduled air travel services predominantly across the United States and to select neighboring international markets. As of December 31, 2021, the company maintained a consistent fleet of 728 Boeing 737 aircraft.
一句话结论
LUV 估值接近其惯常水平，处于近期价格区间的中部，近期成交量显示资金正在流出。整体情况好坏参半，也许更适合先观察，而不是急于行动。过去的形态并不能保证未来的结果。
估值 — 看似便宜，但有质量警示
LUV 目前的市盈率为 24×，低于其自身 5 年平均的 37×，并且低于我们追踪的同类Industrials公司（30×，73 家）。从历史来看，这属于该股较便宜的一侧。按明年的预期盈利计算（14 位分析师的预测），其市盈率为 11×，低于历史平均水平。它当前的估值倍数大约位于自身过去五年分布的第 4 百分位——处于自身区间的偏低位置。
质量核对：过去一年公司报告了正的利润，但自由现金流为负——这样的差距常常源于营运资金占用了现金。
价格区间 — 处于近期区间的中部
目前价格为 $37.68，位于其近期的支撑位与阻力位之间。过去一年 LUV 的价格在 $29.26 到 $55.11 之间波动；其历史支撑区在 $29.26 附近，阻力区在 $42.97 附近。它同时位于 50 日和 200 日均线下方，这在历史上通常对应下降趋势。
资金流向 — 资金正在流出
LUV 近期下跌日的成交量高于上涨日，这种形态常被称为派发。过去 30 个交易日，上涨日的成交量约为下跌日的 0.8×。
UnderTheLight 用直白的语言解释股票——估值、价格区间与资金流向。它只描述数据，不构成任何投资建议。
UnderTheLight explains stocks in plain English — valuation, price zones and money flow as traffic lights, recomputed nightly. It describes data; it is not investment advice and never recommends a trade.