MEX ยท EQUITY ยท ENHANCED MARKET DYNAMICS

LUV

Southwest Airlines Co.

MX ยท Industrials ยท Airlines

EMD SCORE41/100

CURRENT COMPLETED-WEEK READ

Cautious

The balance of evidence is weakening and risk control deserves more attention. Conditions are cautious and have weakened over the latest four completed weeks.

Deterioration60% directional agreement87% evidence confidence
Completed week
28 Aug 2026
Latest close
MXN 675.62
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

1 supportive ยท 4 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
8 Sep 2023โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท MXN +100+500-50-100 964.63667.34370.05 8 Sep 2023 ยท EMD 37/100 ยท close 530.44 15 Sep 2023 ยท EMD 36/100 ยท close 492.55 22 Sep 2023 ยท EMD 27/100 ยท close 479.59 29 Sep 2023 ยท EMD 37/100 ยท close 473.60 6 Oct 2023 ยท EMD 37/100 ยท close 494.04 13 Oct 2023 ยท EMD 26/100 ยท close 453.94 20 Oct 2023 ยท EMD 23/100 ยท close 444.69 27 Oct 2023 ยท EMD 27/100 ยท close 401.91 3 Nov 2023 ยท EMD 37/100 ยท close 412.78 10 Nov 2023 ยท EMD 29/100 ยท close 413.77 17 Nov 2023 ยท EMD 30/100 ยท close 418.77 24 Nov 2023 ยท EMD 39/100 ยท close 421.76 1 Dec 2023 ยท EMD 44/100 ยท close 455.01 8 Dec 2023 ยท EMD 47/100 ยท close 510.50 15 Dec 2023 ยท EMD 45/100 ยท close 502.52 22 Dec 2023 ยท EMD 48/100 ยท close 507.69 29 Dec 2023 ยท EMD 47/100 ยท close 498.69 5 Jan 2024 ยท EMD 41/100 ยท close 477.57 12 Jan 2024 ยท EMD 48/100 ยท close 499.37 19 Jan 2024 ยท EMD 53/100 ยท close 510.68 26 Jan 2024 ยท EMD 49/100 ยท close 511.16 2 Feb 2024 ยท EMD 56/100 ยท close 517.66 9 Feb 2024 ยท EMD 63/100 ยท close 549.58 16 Feb 2024 ยท EMD 74/100 ยท close 582.49 23 Feb 2024 ยท EMD 80/100 ยท close 585.49 1 Mar 2024 ยท EMD 81/100 ยท close 576.60 8 Mar 2024 ยท EMD 79/100 ยท close 574.00 15 Mar 2024 ยท EMD 47/100 ยท close 468.44 22 Mar 2024 ยท EMD 54/100 ยท close 476.42 29 Mar 2024 ยท EMD 53/100 ยท close 476.40 5 Apr 2024 ยท EMD 40/100 ยท close 464.80 12 Apr 2024 ยท EMD 33/100 ยท close 457.13 19 Apr 2024 ยท EMD 55/100 ยท close 508.84 26 Apr 2024 ยท EMD 34/100 ยท close 453.98 3 May 2024 ยท EMD 37/100 ยท close 442.01 10 May 2024 ยท EMD 34/100 ยท close 457.31 17 May 2024 ยท EMD 33/100 ยท close 461.95 24 May 2024 ยท EMD 34/100 ยท close 439.56 31 May 2024 ยท EMD 40/100 ยท close 454.76 7 Jun 2024 ยท EMD 58/100 ยท close 508.44 14 Jun 2024 ยท EMD 55/100 ยท close 522.31 21 Jun 2024 ยท EMD 65/100 ยท close 527.87 28 Jun 2024 ยท EMD 64/100 ยท close 518.43 5 Jul 2024 ยท EMD 56/100 ยท close 499.04 12 Jul 2024 ยท EMD 49/100 ยท close 486.96 19 Jul 2024 ยท EMD 46/100 ยท close 486.06 26 Jul 2024 ยท EMD 54/100 ยท close 499.04 2 Aug 2024 ยท EMD 44/100 ยท close 477.08 9 Aug 2024 ยท EMD 49/100 ยท close 475.88 16 Aug 2024 ยท EMD 58/100 ยท close 488.89 23 Aug 2024 ยท EMD 73/100 ยท close 535.93 30 Aug 2024 ยท EMD 76/100 ยท close 566.90 6 Sep 2024 ยท EMD 78/100 ยท close 587.06 13 Sep 2024 ยท EMD 74/100 ยท close 553.01 20 Sep 2024 ยท EMD 90/100 ยท close 559.09 27 Sep 2024 ยท EMD 86/100 ยท close 584.06 4 Oct 2024 ยท EMD 84/100 ยท close 597.04 11 Oct 2024 ยท EMD 79/100 ยท close 589.05 18 Oct 2024 ยท EMD 87/100 ยท close 603.83 25 Oct 2024 ยท EMD 79/100 ยท close 584.05 1 Nov 2024 ยท EMD 88/100 ยท close 620.99 8 Nov 2024 ยท EMD 92/100 ยท close 648.94 15 Nov 2024 ยท EMD 88/100 ยท close 660.93 22 Nov 2024 ยท EMD 87/100 ยท close 638.96 29 Nov 2024 ยท EMD 86/100 ยท close 656.14 6 Dec 2024 ยท EMD 90/100 ยท close 714.84 13 Dec 2024 ยท EMD 75/100 ยท close 678.90 20 Dec 2024 ยท EMD 86/100 ยท close 668.92 27 Dec 2024 ยท EMD 90/100 ยท close 689.17 3 Jan 2025 ยท EMD 83/100 ยท close 689.57 10 Jan 2025 ยท EMD 81/100 ยท close 665.10 17 Jan 2025 ยท EMD 75/100 ยท close 668.09 24 Jan 2025 ยท EMD 67/100 ยท close 644.13 31 Jan 2025 ยท EMD 67/100 ยท close 673.01 7 Feb 2025 ยท EMD 76/100 ยท close 673.01 14 Feb 2025 ยท EMD 60/100 ยท close 612.17 21 Feb 2025 ยท EMD 60/100 ยท close 615.17 28 Feb 2025 ยท EMD 61/100 ยท close 627.15 7 Mar 2025 ยท EMD 45/100 ยท close 592.16 14 Mar 2025 ยท EMD 54/100 ยท close 604.36 21 Mar 2025 ยท EMD 72/100 ยท close 696.26 28 Mar 2025 ยท EMD 70/100 ยท close 696.26 4 Apr 2025 ยท EMD 66/100 ยท close 651.31 11 Apr 2025 ยท EMD 37/100 ยท close 513.46 18 Apr 2025 ยท EMD 33/100 ยท close 498.16 25 Apr 2025 ยท EMD 39/100 ยท close 513.24 2 May 2025 ยท EMD 40/100 ยท close 533.43 9 May 2025 ยท EMD 47/100 ยท close 607.36 16 May 2025 ยท EMD 41/100 ยท close 601.36 23 May 2025 ยท EMD 43/100 ยท close 601.36 30 May 2025 ยท EMD 43/100 ยท close 601.36 6 Jun 2025 ยท EMD 49/100 ยท close 625.34 13 Jun 2025 ยท EMD 41/100 ยท close 605.36 20 Jun 2025 ยท EMD 51/100 ยท close 609.53 27 Jun 2025 ยท EMD 44/100 ยท close 609.53 4 Jul 2025 ยท EMD 44/100 ยท close 609.53 11 Jul 2025 ยท EMD 71/100 ยท close 697.47 18 Jul 2025 ยท EMD 71/100 ยท close 699.47 25 Jul 2025 ยท EMD 72/100 ยท close 700.47 1 Aug 2025 ยท EMD 49/100 ยท close 577.56 8 Aug 2025 ยท EMD 43/100 ยท close 557.57 15 Aug 2025 ยท EMD 45/100 ยท close 593.55 22 Aug 2025 ยท EMD 39/100 ยท close 585.55 29 Aug 2025 ยท EMD 53/100 ยท close 622.32 5 Sep 2025 ยท EMD 54/100 ยท close 619.71 12 Sep 2025 ยท EMD 34/100 ยท close 579.72 19 Sep 2025 ยท EMD 52/100 ยท close 599.72 26 Sep 2025 ยท EMD 39/100 ยท close 589.48 3 Oct 2025 ยท EMD 51/100 ยท close 609.71 10 Oct 2025 ยท EMD 51/100 ยท close 610.71 17 Oct 2025 ยท EMD 54/100 ยท close 619.71 24 Oct 2025 ยท EMD 39/100 ยท close 584.72 31 Oct 2025 ยท EMD 35/100 ยท close 561.27 7 Nov 2025 ยท EMD 49/100 ยท close 591.91 14 Nov 2025 ยท EMD 51/100 ยท close 605.71 21 Nov 2025 ยท EMD 41/100 ยท close 582.52 28 Nov 2025 ยท EMD 53/100 ยท close 643.69 5 Dec 2025 ยท EMD 56/100 ยท close 635.70 12 Dec 2025 ยท EMD 68/100 ยท close 704.67 19 Dec 2025 ยท EMD 79/100 ยท close 734.65 26 Dec 2025 ยท EMD 75/100 ยท close 743.82 2 Jan 2026 ยท EMD 82/100 ยท close 743.82 9 Jan 2026 ยท EMD 86/100 ยท close 767.07 16 Jan 2026 ยท EMD 74/100 ยท close 746.03 23 Jan 2026 ยท EMD 73/100 ยท close 744.82 30 Jan 2026 ยท EMD 95/100 ยท close 836.80 6 Feb 2026 ยท EMD 91/100 ยท close 932.78 13 Feb 2026 ยท EMD 81/100 ยท close 879.79 20 Feb 2026 ยท EMD 89/100 ยท close 913.78 27 Feb 2026 ยท EMD 84/100 ยท close 849.80 6 Mar 2026 ยท EMD 63/100 ยท close 734.33 13 Mar 2026 ยท EMD 53/100 ยท close 690.00 20 Mar 2026 ยท EMD 59/100 ยท close 690.00 27 Mar 2026 ยท EMD 69/100 ยท close 718.00 3 Apr 2026 ยท EMD 56/100 ยท close 718.00 10 Apr 2026 ยท EMD 56/100 ยท close 717.82 17 Apr 2026 ยท EMD 70/100 ยท close 753.81 24 Apr 2026 ยท EMD 39/100 ยท close 659.83 1 May 2026 ยท EMD 40/100 ยท close 659.83 8 May 2026 ยท EMD 47/100 ยท close 706.82 15 May 2026 ยท EMD 44/100 ยท close 706.82 22 May 2026 ยท EMD 46/100 ยท close 704.82 29 May 2026 ยท EMD 58/100 ยท close 764.20 5 Jun 2026 ยท EMD 48/100 ยท close 706.86 12 Jun 2026 ยท EMD 47/100 ยท close 710.00 19 Jun 2026 ยท EMD 48/100 ยท close 710.00 26 Jun 2026 ยท EMD 72/100 ยท close 900.67 3 Jul 2026 ยท EMD 76/100 ยท close 900.67 10 Jul 2026 ยท EMD 75/100 ยท close 840.00 17 Jul 2026 ยท EMD 76/100 ยท close 839.00 24 Jul 2026 ยท EMD 78/100 ยท close 839.00 31 Jul 2026 ยท EMD 64/100 ยท close 791.00 7 Aug 2026 ยท EMD 84/100 ยท close 817.00 14 Aug 2026 ยท EMD 58/100 ยท close 761.00 21 Aug 2026 ยท EMD 44/100 ยท close 682.95 28 Aug 2026 ยท EMD 41/100 ยท close 675.62 1 Dec 2023 ยท Up-cycle confirmed ยท close 455.01 7 Jun 2024 ยท Up-cycle confirmed ยท close 508.44 13 Feb 2026 ยท Down-cycle confirmed ยท close 879.79 27 Feb 2026 ยท Down-cycle confirmed ยท close 849.80 10 Jul 2026 ยท Down-cycle confirmed ยท close 840.00 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 73%Current EMD -18.04-week EMD change -46.9156-week price range MXN 401.91โ€“932.78

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Each state uses completed-week information available at that point.

01

Lower zone

Price establishes residence near the bottom of its long-cycle range. Improving EMD separates early repair from continued deterioration.

02

Upward journey

Price leaves the lower zone while EMD confirms improving participation. The objective is the broader move toward the upper zone, not a short weekly trade.

03

Upper zone

Price establishes residence near the top of its long-cycle range. This is the profit-harvest area, with EMD watched for exhaustion and loss of support.

04

Downward journey

Price leaves the upper zone while EMD weakens. The reverse cycle remains active until lower-zone residence is confirmed again.

CURRENT READINGS

What the latest week shows

Completed-week values

01

Underlying pressure

48/1000.11

Cautious pressure beneath price
4-week change -0.42

02

Trend and deviation

3/100-11.8% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

38/1004w -14.6% ยท 13w -11.6%

Momentum is applying downside pressure
SMI 0.67

04

Price-volume pressure

32/10032% constructive pressure

Volume is leaning against the close
Volume ratio 0.91x

05

Relative leadership

30/100-5.19

The ticker is lagging its benchmark
4-week change -14.65

06

Modeled Trend

88/100Modeled Trend 0.76

Modeled Trend is supportive
Smoothed Modeled Trend 0.71

Evidence context