Avid investors may be following technical signals on shares of Southwest Airlines Company (LUV). After a recent check, we have noted that the 60-day commodity channel index reading is Hold. The CCI indicator is generally used to identify overbought and oversold levels. The CCI signal direction is currently pointing to a Rising. Changing the time-frame to the medium-term, we note that the reading from the 40-day commodity channel index is presently Hold. The signal direction is Bullish.

Investors are typically searching far and wide for any little advantage they can get in the stock market. Short-term traders using technical analysis may be looking to score quick profits by capitalizing on the fluctuations of stock prices. There are many different technical indicators that traders can choose to study. Some traders may find an indicator that works great by itself. Others may use a combination of multiple indicators to help spot trends and patterns. Many active traders will keep a close eye on a particular stock when it is nearing a new high or new low that hasn’t been touched in some time. Studying historical stock price action may lend some insight into whether or not a stock is likely to break out past the new high, or plummet further to a much lower low. Staying on top of the action may be crucial when frequently entering and exiting trades.  

Tracking some alternate information, we have noted that the company’s current book value is 17.52. The book value is the per share value of a company based on its equity available to common shareholders for the trailing 12 months. Shifting gears, the company has a current interest coverage value of 35.02. This value measures a company’s ability to honor its debt payments. When the value is below 1, the company may not be generating enough cash from its operations to meet its interest obligations. Tracking current trading session activity on shares of (company), we can see that the stock price recently hit 53.13. Since the start of the session, the stock has managed to touch a high of 53.64 and drop to a low of 52.71.

Investors are often closely following recent stock price support and resistance levels. The support is a level where a stock may see a bounce after it has dropped. If the stock price can break through the first support level, the attention may move to the second level of support. The resistance is the opposite of support. As a stock rises, it may see a retreat once it hits a certain level of resistance. After a recent look, the stock’s first resistance level is 53.61. On the other side, investors are watching the first support level of 52.68. Investors may also want to take a longer-term look at company shares. According to the most recent information, the stock has a 52-week high of 64.02 and a 52-week low of 44.28. Staying on top of longer-term price action may help provide investors with a wider scope of reference when examining a stock.

Smart investors are often very knowledgeable about the markets. Many successful investors have become highly adept at knowing when to buy and when to sell. They have also managed to control risk and secure sustained profits. This doesn’t just happen overnight. Investors often spend many years of trial and error before being able to put together the puzzle. Top investors are also able to make better investing decisions with the information at hand. With vast amounts of data readily available for everyone, it becomes more about interpreting the data rather than just receiving it. Knowing how to block out the noise and find information that is useful, can be a highly coveted skill. Turning available information into a winning portfolio is where the good investor can become a great investor.