Decline depth
-28.9%
From rolling 252-day high of $54.38, 205d ago.
Past the 20% Watch threshold.
-28.9%
from rolling 252-day high of $54.38 set 2026-02-17 · 205d ago
Current
$38.69
Decline depth
-28.9%
Decline σ
9.8σ
TFC
2/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$LUV landed on the list 2026-03-17, down 25.4% from its 52-week high that day — now down -28.9%.
That's 3.4 percentage points deeper than the day it joined. It bottomed 34.1% below that high along the way.
From the 52-week high as of 2026-03-17 to today. Split-adjusted. Observed, not a forecast.
Structural break signals
LUV qualifies for the Red List on decline depth.
Time-frame continuity
2/5 bearish
Latest bar on five time frames, daily to yearly. Bearish = 2-Down or red 3.
Decline sigma
9.8σ
Drop over the last 20 bars in units of daily volatility (1.73%/day).
Past the ≥8σ Red List threshold — an extreme move.
The structural read
What price action says about LUV.
LUV qualifies for the Red List on decline depth — down -28.9% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause that often precedes further breakdown.
Cross-confirmation: decline sigma also reads 9.8σ over 20 bars.
A confirmed bullish signal on one or more time frames earned the Recovering badge. The tier says how deep the damage is; Recovering says momentum may be turning. Not a buy signal.
Whether LUV's turn is investable is ConvictionEdge's question, not ours.
Upstream TFC read: moderate alignment, current phase daily. Last bar types — daily 2U (green), weekly 1 (red), monthly 2D (green).
Earnings on file: 2026-10-21. Earnings dates don't affect tiering.
Questions about LUV
What people ask.
Why is LUV on Broken Stocks?
LUV qualifies for the Red List on decline depth. It is down -28.9% from its rolling 252-day high of $54.38, set on 2026-02-17 — 205d ago. It additionally carries a Recovering badge — see below.
What does the Recovering badge mean for LUV?
Recovering means our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames (moderate or strong time-frame continuity). It coexists with the decline tier — LUV is still Red List because the rolling-252-day decline hasn't healed, but a bullish setup has formed inside that decline. The two readings answer different questions: the tier tells you how deep the damage is; the Recovering badge tells you whether momentum may be turning. It's not a buy recommendation.
Is LUV a falling knife?
No. The falling-knife label usually implies a steep, severe drop — typically 30% or more from a fresh high. LUV is down -28.9% from its 52-week high, which qualifies for the Watch tier but is shallower than the falling-knife pattern. It's an early-stage decline rather than a sharp breakdown.
Is LUV a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is LUV trading inside its 52-week range?
At $38.69, LUV sits 36.5% of the way from its 52-week low ($29.26) to its 52-week high ($55.11). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has LUV been declining?
The current 28.9% decline accrued over 205d, which annualizes to roughly -51.5% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does LUV compare to its sector?
There are 393 other Industrials tickers on Broken Stocks: 229 Red, 84 Amber, 80 Watch, with 33 showing recovering structural signals. Median sector decline is -36.1% — LUV's decline is shallower than the sector median.
Does LUV's earnings date affect its tier?
No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-10-21) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.