⚠️Uptrend Under PressureSevere risk · 99·Institutional selling is building — 6 distribution days in the last 25 sessions. · 6 distribution days (SPY)Full briefing →Jul 28
Wednesday, July 22, 2026Time not confirmed
No sourced report session or clock time
Deterministic evidence
LUV-2.12%
Broad market · SPY-0.12%
Same completed session window ending 2026-07-22.
-2.00 points vs SPY.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
AI interpretation (optional)
Ask a Legend to interpret the evidence only after reviewing the deterministic event timing and relative reaction.
Interpret this evidence
AI output is commentary, not scanner evidence or a sizing recommendation.
Price$47.66Jul 22 close
52W High$55.11-13.5%
52W Low$28.98
Wks Since High21w
Base Depth-35.2%
BaseB2
SMA 50$45.37
SMA 200$41.32
Avg Vol6,247,698
RS Rank73
RS vs High-20.1%
RS Slope-8.2% ▼
Grp Rank#10/64
ADR%2.9%
ATR(14)$1.50 (3.1%)
Rel Vol (today)0.97×
Vol PaceN/A
U/D Vol0.76
A/D Days18A / 12D
A/D RatingA+
VDU Bars0/10 d
Earnings
past
$28.98
$55.1171%
LUV Chart
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Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
Council consensus:
🟡 5 of 6 legends are Watching — building, not yet a confirmed buy.
Separate score from the 8-point Trend Template (7/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
O'Neil D · Avoid — The deterministic methodology check is Avoid; wait until the blocking criteria are resolved.
Pivot
Pro level
Published-method rule: Use the proper base pivot or handle high after CANSLIM leadership and market-direction checks are satisfied. Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a breakout through the pivot on volume at least 40% above average; the valid buy zone ends 5% above the pivot. Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Use the setup's structural stop with a hard 7–8% maximum-loss ceiling from the actual entry. Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Protect progress under constructive support such as the 21-day or 10-week line; a stop may ratchet higher but never lower. Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit on the hard loss limit, a decisive support break, or a rule-based climax/distribution signal; a normal 20–25% advance is reviewed rather than assumed permanent. Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
Cup complete, possible handle forming — watch for a quiet 5-15 bar drift on light volume holding above ~45.42 (mid-cup), then a breakout through ~53.13 on strong volume.
Confirms above53.13
Invalidates at45.42
Rim55.11
Cup Low35.73
Pivot53.13
Mid Cup45.42
Cup depth 35%, recovery 62%, handle=forming
Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.
Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
✓
Price above SMA 150 & 200$47.66 vs SMA150 $43.93 / SMA200 $41.32
✓
SMA 150 above SMA 200SMA150 $43.93 vs SMA200 $41.32