Southwest Airlines Co.(LUV) has rising momentum with an uptrend

(29-Apr-2008) (29-Apr-2008) Southwest Airlines Co.(LUV) closed at 13.34, up 0.43 or 3.33 % for the day. Based on our analysis, Southwest Airlines Co.(LUV) has rising momentum with an uptrend.

The closing price of Southwest Airlines Co.(LUV) is above its 50 day moving average of 12.44 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that Southwest Airlines Co.(LUV) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line on 28-Apr-2008, about 3 trading days ago.