Large Inflow of Money Detected in Southwest Airlines Company

Southwest Airlines Company (LUV) : Mondays money flow points at investors jumping to buy the stock on the weakness of price. $61.73 million worth of transactions were on upticks, whereas, the downticks accounted for $42.22 million worth of transactions. The net money flow was a positive $19.52 million and the uptick to downtick ratio was 1.46. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 4.34 in their favor. The net money flow into the stock was $9.72 million. The value of block trades done on downticks was only $2.91 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $12.63 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Southwest Airlines Company (LUV) was trading at $36.52, down $0.72 during day. The stock slid -1.93% over the previous days close. For the week, the stock recorded -3.51% over the previous weeks close.


Southwest Airlines Co. has lost 1.52% in the last five trading days and dropped 14.55% in the last 4 weeks. Southwest Airlines Co. has dropped 12.46% during the last 3-month period . Year-to-Date the stock performance stands at -13.99%.

Southwest Airlines Company (NYSE:LUV): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $36.50 and $36.33 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.95. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.88, notching a gain of 0.99% for the day. The total traded volume was 5,617,788 . The stock had closed at $36.52 on the previous day.

In a related news, Van De Ven Michael G, COO of Southwest Airlines Co, had purchased 4,200 shares on August 3, 2016. The total value of the transaction was $150,234. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Southwest Airlines Co. operates Southwest Airlines (Southwest). Southwest is a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company serves around 93 destinations in 40 states and runs international services to Montego Bay, Nassau, Oranjestad, Cabo San Lucas/Los Cabos, Cancun, Mexico City and Punta Cana. It serves around 17 non-stop destinations and 581 non-stop city pairs. It operates around 665 Boeing 737 aircrafts. It provides several products, such as Business Select, Fly By Priority Lanes and SWABIZ. Its Website,, enables purchasing and managing travel online. It offers and in a translated Spanish version. Southwest provides inflight satellite-based wireless fidelity (Wi-Fi) service and live television. Its service offerings include EarlyBird Check-In, Pets Are Welcome on Southwest (P.A.W.S.) products, Automated Outbound Messaging (AOM) service and

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.