LUV

Stock

Southwest Airlines Co.

Price

$50.90

as of Feb 23, 2026

All Time High: $60.22

🟡

Moderately Elevated

Current Drawdown

-15.5%

Days in Drawdown

2946

Avg Max Drawdown

6.5%

Avg Length

77

Drawdown Severity Score™

2.8

LUV - Price & High Water Mark

LUV - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Southwest Airlines Co. (LUV) Analysis: Current Drawdown Insights

Southwest Airlines Co. is currently experiencing an unusual drawdown opportunity. As of 2026-02-23, the stock is trading at $50.90, which represents a 15.5% decline from its all-time high of $60.22. This drawdown has persisted for 2946 days.

Based on comprehensive historical analysis spanning 14 years, Southwest Airlines Co. typically experiences drawdowns averaging 6.5% in depth, with an average duration of 77 days. Southwest Airlines Co. has gone through 149 total drawdown events in the last 14 years. The largest drawdown for Southwest Airlines Co. in the last 14 years was 30.9%. The longest drawdown duration in its history was 366 days.

The Drawdown Severity Score™ for Southwest Airlines Co. currently stands at 2.80. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 2.0 and 3.0 indicates a moderately elevated drawdown that's starting to exceed normal ranges—worth monitoring for potential opportunities.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns—periods when the price declines from all-time highs before recovering. By analyzing Southwest Airlines Co.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that may represent a buying opportunity.

📜 Historical Drawdown Events

Current drawdown shown in blue. Complete record of all 149 historical pullbacks below.

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2018-01-30Ongoing2946 days-15.5%$60.22$50.90
2017-12-212018-01-0213 days-1.0%$60.04$59.46$60.22
2017-07-102017-12-15159 days-20.9%$58.11$45.98$58.78
2017-07-032017-07-053 days-0.1%$56.21$56.14$57.13
2017-06-292017-06-302 days-0.3%$56.09$55.91$56.21
2017-06-262017-06-283 days-0.7%$56.01$55.64$56.09
2017-06-062017-06-2116 days-3.3%$55.17$53.36$55.20
2017-05-262017-06-0511 days-2.4%$54.99$53.69$55.17
2017-05-242017-05-252 days-0.1%$53.83$53.78$54.99
2017-03-022017-05-2281 days-11.7%$53.06$46.83$53.18
2017-02-272017-03-013 days-1.3%$52.75$52.08$53.06
2017-02-232017-02-242 days-1.1%$52.18$51.60$52.75
2017-02-162017-02-172 days-1.7%$51.62$50.77$51.65
2017-02-142017-02-152 days-0.8%$50.22$49.84$51.62
2017-01-272017-02-0914 days-3.0%$48.59$47.14$49.13
2017-01-122017-01-2615 days-4.3%$46.57$44.57$48.59
2017-01-052017-01-106 days-2.7%$46.22$44.99$46.26
2016-12-212017-01-0415 days-2.1%$45.86$44.91$46.22
2016-12-162016-12-205 days-1.3%$45.59$44.99$45.86
2016-12-082016-12-158 days-1.1%$44.92$44.40$45.59
2015-12-082016-12-07366 days-29.9%$44.21$31.00$44.92
2015-12-032015-12-042 days-0.5%$42.36$42.16$44.05
2015-11-242015-12-029 days-3.5%$42.33$40.85$42.36
2015-11-042015-11-2017 days-2.6%$41.87$40.78$42.19
2015-01-302015-11-03278 days-30.9%$41.68$28.80$41.87
2015-01-272015-01-293 days-1.3%$41.15$40.62$41.68
2015-01-052015-01-2218 days-8.9%$37.86$34.50$40.22
2014-12-092014-12-3022 days-5.9%$37.31$35.11$37.40
2014-12-012014-12-088 days-3.3%$37.04$35.84$37.31
2014-11-192014-11-2810 days-4.2%$35.14$33.67$37.04
2014-11-142014-11-185 days-1.3%$34.95$34.50$35.14
2014-09-192014-11-0346 days-18.0%$31.20$25.58$31.27
2014-09-172014-09-182 days-0.3%$30.58$30.49$31.20
2014-09-152014-09-162 days-0.0%$30.00$29.99$30.58
2014-09-032014-09-097 days-1.0%$29.15$28.86$29.15
2014-08-282014-09-026 days-0.7%$28.55$28.35$29.15
2014-08-262014-08-272 days-0.7%$28.47$28.27$28.55
2014-08-212014-08-222 days-1.0%$27.96$27.67$28.23
2014-08-192014-08-202 days-0.0%$27.24$27.24$27.96
2014-07-282014-08-1317 days-4.0%$25.85$24.80$25.87
2014-07-242014-07-252 days-0.7%$25.52$25.35$25.85
2014-07-172014-07-226 days-1.9%$24.78$24.32$24.80
2014-07-022014-07-1514 days-3.7%$24.51$23.60$24.66
2014-06-092014-07-0123 days-6.8%$24.39$22.74$24.51
2014-06-052014-06-062 days-0.3%$24.19$24.11$24.39
2014-05-202014-05-223 days-0.7%$22.15$22.01$22.29
2014-05-142014-05-196 days-1.5%$22.03$21.71$22.15
2014-05-092014-05-124 days-0.4%$21.57$21.48$22.00
2014-05-022014-05-087 days-0.6%$21.46$21.33$21.57
2014-04-252014-05-017 days-1.8%$21.41$21.03$21.46
2014-04-102014-04-2415 days-6.8%$21.30$19.85$21.41

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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