Southwest Airlines Co. announced new domestic and international services or 2019.
Addition to domestic flights include non-stop seasonal service between Cleveland and Tampa, and between Cincinnati and Orlando. The flights will operate only on Saturdays beginning Mar 9, next year. On Sundays from Mar 10 onward, it will operate a non-stop service connecting Dallas with West Palm Beach and Harlingen.
Its plans for International additions include connecting St. Louis to Montego Bay and Punta Cana. The budget airline also wants to have seasonal services connecting Cancun with Milwaukee, Pittsburgh, Raleigh-Durham and San Antonio.
JBLU saw its Momentum Indicator move below the 0 level on May 30, 2023. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 96 similar instances where the indicator turned negative. In of the 96 cases, the stock moved further down in the following days. The odds of a decline are at .
The Moving Average Convergence Divergence Histogram (MACD) for JBLU turned negative on May 24, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
JBLU moved below its 50-day moving average on May 22, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for JBLU crossed bearishly below the 50-day moving average on May 30, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 19 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where JBLU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for JBLU entered a downward trend on May 16, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where JBLU advanced for three days, in of 257 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.662) is normal, around the industry mean (75.726). P/E Ratio (0.000) is within average values for comparable stocks, (21.677). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (0.449). Dividend Yield (0.000) settles around the average of (0.041) among similar stocks. P/S Ratio (0.227) is also within normal values, averaging (0.977).
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. JBLU’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. JBLU’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 93, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of passenger air transportation services
|MFs / NAME||Price $||Chg $||Chg %|
|Hartford MidCap Value R3|
|SEI Catholic Values Equity F (SCVT)|
|Nuance Mid Cap Value Z|
|American Funds New Perspective R5E|
|BlackRock Advantage Emerging Mkts Inv A|
A.I.dvisor indicates that over the last year, JBLU has been closely correlated with ALK. These tickers have moved in lockstep 78% of the time. This A.I.-generated data suggests there is a high statistical probability that if JBLU jumps, then ALK could also see price increases.
|ALK - JBLU|
|DAL - JBLU|
|AAL - JBLU|
|UAL - JBLU|
|LUV - JBLU|