A look at LUV technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 55.98 point. Its trading volume has lost -3082091 shares compared to readings over the past three months as it recently exchanged 2477909 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 5560000 shares, and this is 0.45 times the normal volume.
Southwest Airlines Co. (NYSE:LUV) climbed by 11.26% over the past three months which led to its overall six-month decrease to stand at -13.67%. The equity price rose 2.58% this week, a trend that has led to both investors and traders taking note of the stock. A look at its monthly performance shows that its shares have recorded a 1.56% gain over the past 30 days. Over the past 12 months the stock has embarked on a drop that has seen it decline -6.35% and is now up by 14.57% since start of this year.
The shares of Southwest Airlines Co. dropped by -16.82% or -$10.77 from its last recorded high of $64.02 which it attained on September 21 to close at $53.25 per share. Over the past 52 weeks, the shares of Southwest Airlines Co. has been trading as low as $44.28 before witnessing a massive surge by 20.26% or $8.97. This price movement has led to the LUV stock receiving more attention and has become one to watch out for. It jumped by 0.13% on Sunday and this got the market excited. The stock’s beta now stands at 1.5 and when compared to its 200-day moving average and its 50-day moving average, LUV price stands -2.51% below and -1.2% below respectively. Its average daily volatility for this week is 1.82% which is less than the 2.44% recorded over the past month.
Experts from research firms are bullish about the near-term performance of Southwest Airlines Co. (LUV) with most of them predicting a $59.5 price target on a short-term (12 months) basis. The average price target by the analysts will see a 11.74% rise in the stock and would lead to LUV’s market cap to surge to $32.84B. The stock has been rated an average 2.3, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 22 analysts that track Southwest Airlines Co. (NYSE:LUV) and find out that 8 of them rated it as a Hold. 12 of the 14 analysts rated it as a Buy or a Strong Buy while 2 advised investors to desist from buying the stock or sell it if they already possess it.
The price of T-Mobile US, Inc. (NASDAQ:TMUS) currently stands at $70.35 after it went up by $0.3 or 0.43% and has found a strong support at $70.02 a share. If the TMUS price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $69.68 mark would also be bad for the stock as it means that the stock would plunge by 0.95% from its current position. However, if the stock price is able to trade above the resistance point around $70.72, then it could likely surge higher to try and break the upward resistance which stands at $71.08 a share. Its average daily volatility over the past one month stands at 1.61%. The stock has plunged by 0.43% from its 52-weeks high of $70.05 which it reached on Mar. 19, 2019. In general, it is 21.69% above its 52-weeks lowest point which stands at $55.09 and this setback was observed on Mar. 05, 2018.
Analysts have predicted a price target for T-Mobile US, Inc. (TMUS) for 1 year and it stands at an average $81/share. This means that it would likely increase by 15.14% from its current position. The current price of the stock has been moving between $70.05 and $70.75. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $70. On the other hand, one analyst is super bullish about the price, setting a target as high as $98.
The TMUS stock Stochastic Oscillator (%D) is at 26.52%, which means that it is currently oversold and its prices could jump very soon. The shares P/S ratio stands at 1.38 which compares to the 1.28 recorded by the industry or the 3.02 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 15.04, which is lower than the 97.71 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 69% over the past five years.
Analysts view T-Mobile US, Inc. (NASDAQ:TMUS) as a Buy, with 1.8 consensus rating. Reuters surveyed 20 analysts that follow TMUS and found that 2 of those analysts rated the stock as a Hold. The remaining 18 were divided, with 18 analyst rating it as a Buy or a Strong Buy while 0 analysts advised investors to desist from buying T-Mobile US, Inc. (TMUS) shares or sell it if they already own it.
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