{"schemaVersion":1,"source":"Yahoo Finance price/volume; Trend Screeners model-book calculations","sourceUrl":"https://finance.yahoo.com/","generated":"2026-07-29","calculation":"advance = (peakPrice / pivot - 1) * 100; percentages rounded in article","limitations":"Retrospectively selected historical case, not a strategy success rate or realized investment return. Weekly chart data only; daily/hourly trade-simulation inputs are not included.","case":{"slug":"model-southwest-airlines-1991","sym":"LUV","name":"Southwest Airlines","market":"US","bench":"S&P 500","baseStart":"1990-12-04","baseEnd":"1991-01-08","baseLen":6,"baseDepth":18.1,"baseLow":1.07819,"baseLowDate":"1991-01-01","pivot":1.31687,"breakout":"1991-01-15","breakoutClose":1.41564,"volSurge":168,"peak":"1994-02-01","peakPrice":7.7037,"advance":485,"weeks":159,"shakeout":22.2,"shakeFrom":"1991-03-26","shakeTo":"1991-05-21","ongoing":false},"weeklyColumns":["date","open","high","low","close","volume"],"weekly":[["1989-12-05",1.09739,1.14129,1.08642,1.10288,13486500],["1989-12-12",1.09739,1.10288,1.03155,1.03155,10174107],["1989-12-19",1.04252,1.05898,0.987654,1.0535,19648829],["1989-12-26",1.0535,1.06447,1.04252,1.0535,6542775],["1990-01-02",1.0535,1.06996,1.03704,1.0535,12823565],["1990-01-09",1.0535,1.06447,0.910837,0.938272,30230718],["1990-01-16",0.921811,0.987654,0.921811,0.932785,24496679],["1990-01-23",0.938272,0.938272,0.877915,0.899863,14053753],["1990-01-30",0.899863,0.993141,0.883402,0.993141,7463137],["1990-02-06",0.987654,0.987654,0.90535,0.916324,5904900],["1990-02-13",0.921811,0.954733,0.916324,0.949246,5827444],["1990-02-20",0.938272,0.954733,0.921811,0.949246,10051088],["1990-02-27",0.960219,1.0535,0.960219,1.04801,19744509],["1990-03-06",1.0535,1.0535,0.998628,1.03155,8062285],["1990-03-13",1.03155,1.05898,1.02606,1.0535,9299307],["1990-03-20",1.04252,1.05898,1.02058,1.02058,12880518],["1990-03-27",1.02606,1.04801,1.02058,1.03704,4533469],["1990-04-03",1.03704,1.0535,1.03155,1.04252,14502544],["1990-04-10",1.03704,1.10837,1.03704,1.08093,12871407],["1990-04-17",1.08093,1.08642,1.02606,1.02606,5898066],["1990-04-24",1.03155,1.07545,1.02606,1.04801,10866657],["1990-05-01",1.04801,1.1358,1.04801,1.1358,15236099],["1990-05-08",1.13032,1.18518,1.11934,1.1358,24020549],["1990-05-15",1.13032,1.14129,1.10837,1.13032,8732054],["1990-05-22",1.1358,1.14678,1.12483,1.13032,10069312],["1990-05-29",1.13032,1.15226,1.13032,1.14678,10401919],["1990-06-05",1.14129,1.16872,1.13032,1.1358,20241141],["1990-06-12",1.14129,1.14129,1.08093,1.08093,13493335],["1990-06-19",1.08093,1.13032,1.07545,1.08093,17500556],["1990-06-26",1.08642,1.1797,1.08093,1.17421,19033734],["1990-07-03",1.17421,1.1797,1.15775,1.17421,5462944],["1990-07-10",1.17421,1.23457,1.16324,1.18518,15520866],["1990-07-17",1.19067,1.24554,1.16872,1.19616,11714120],["1990-07-24",1.18518,1.24554,1.17421,1.24554,24316707],["1990-07-31",1.24554,1.24554,0.987654,0.987654,20856234],["1990-08-07",1.02058,1.05898,0.987654,1.04252,22603557],["1990-08-14",1.03155,1.07545,1.02606,1.05898,26114148],["1990-08-21",1.0535,1.07545,0.987654,1.04801,14185884],["1990-08-28",1.03155,1.11111,1.03155,1.09465,5279934],["1990-09-04",1.09465,1.10288,1.0535,1.06996,4329957],["1990-09-11",1.0535,1.12757,1.0535,1.08642,7592232],["1990-09-18",1.08642,1.08642,0.921811,0.921811,11998126],["1990-09-25",0.91358,0.938272,0.839506,0.930041,20360364],["1990-10-02",0.954733,0.987654,0.91358,0.954733,8301488],["1990-10-09",0.954733,0.962963,0.872428,0.954733,7264182],["1990-10-16",0.954733,1.18518,0.946502,1.16049,13474351],["1990-10-23",1.16049,1.16872,1.11111,1.11111,7347713],["1990-10-30",1.09465,1.11111,1.09465,1.11111,11701970],["1990-11-06",1.11111,1.15226,1.0535,1.14403,6261808],["1990-11-13",1.14403,1.15226,1.09465,1.14403,7176095],["1990-11-20",1.15226,1.16872,1.10288,1.10288,7523889],["1990-11-27",1.11111,1.25103,1.11111,1.2428,8066082],["1990-12-04",1.2428,1.31687,1.20165,1.23457,14504062],["1990-12-11",1.23457,1.27572,1.16872,1.20165,6012733],["1990-12-18",1.19342,1.22634,1.12757,1.15226,3131663],["1990-12-25",1.15226,1.18518,1.11934,1.15226,2042719],["1991-01-01",1.1358,1.15226,1.07819,1.08642,3078507],["1991-01-08",1.08642,1.20165,1.08642,1.19342,5927683],["1991-01-15",1.20165,1.44856,1.14403,1.41564,31852743],["1991-01-22",1.39918,1.49794,1.31687,1.44033,21270095],["1991-01-29",1.44856,1.58025,1.4321,1.56379,18302457],["1991-02-05",1.58025,1.73663,1.5144,1.71193,22603556],["1991-02-12",1.67901,1.72839,1.61317,1.71193,16033445],["1991-02-19",1.72017,1.74486,1.66255,1.74486,18165770],["1991-02-26",1.72839,1.83539,1.71193,1.81893,17186176],["1991-03-05",1.8107,1.86831,1.71193,1.73663,11528831],["1991-03-12",1.72017,1.76132,1.66255,1.71193,10581131],["1991-03-19",1.7037,1.7037,1.66255,1.67901,8284781],["1991-03-26",1.67901,1.86831,1.67901,1.85185,11421000],["1991-04-02",1.85185,1.95885,1.81893,1.81893,12689157],["1991-04-09",1.8107,1.82716,1.72839,1.77778,5595075],["1991-04-16",1.76132,1.8107,1.67078,1.67078,16036482],["1991-04-23",1.62963,1.67078,1.53086,1.54733,33432245],["1991-04-30",1.54733,1.72839,1.5144,1.69547,21651300],["1991-05-07",1.71193,1.71193,1.58025,1.59671,12916969],["1991-05-14",1.59671,1.59671,1.50617,1.53086,10953226],["1991-05-21",1.53086,1.54733,1.44033,1.5144,9499781],["1991-05-28",1.53086,1.7037,1.53086,1.69547,13860114],["1991-06-04",1.7037,1.80247,1.67078,1.74486,13050619],["1991-06-11",1.76132,1.76955,1.67901,1.74486,11296464],["1991-06-18",1.74486,1.74486,1.57202,1.59671,13387781],["1991-06-25",1.61317,1.76955,1.58025,1.74486,11506051],["1991-07-02",1.74486,1.77778,1.66255,1.76955,7461619],["1991-07-09",1.76955,1.79424,1.72839,1.78601,10594800],["1991-07-16",1.79424,1.80247,1.7037,1.71193,4949607],["1991-07-23",1.68724,1.72839,1.6214,1.72017,11586544],["1991-07-30",1.71193,1.77778,1.68724,1.75309,10807426],["1991-08-06",1.73663,1.77778,1.7037,1.71193,14368894],["1991-08-13",1.71193,1.71193,1.59671,1.61317,10947150],["1991-08-20",1.60494,1.66255,1.55556,1.64609,15217877],["1991-08-27",1.64609,1.67078,1.59671,1.60494,6021844],["1991-09-03",1.60494,1.60494,1.45679,1.5144,17804307],["1991-09-10",1.52263,1.64609,1.52263,1.61317,19593394],["1991-09-17",1.60494,1.6214,1.58025,1.61317,13588257],["1991-09-24",1.61317,1.65432,1.58848,1.60494,7987107],["1991-10-01",1.60494,1.69547,1.60494,1.61317,11357213],["1991-10-08",1.63786,1.74486,1.62963,1.73663,9900733],["1991-10-15",1.73663,1.87654,1.72839,1.77778,15489731],["1991-10-22",1.77778,1.81893,1.72839,1.78601,6084113],["1991-10-29",1.80247,1.893,1.78601,1.81893,7823082],["1991-11-05",1.81893,1.82716,1.69547,1.79424,10833244],["1991-11-12",1.79424,1.99177,1.73663,1.90123,20686894],["1991-11-19",1.90123,1.90123,1.8107,1.8107,10142213],["1991-11-26",1.82716,1.95062,1.82716,1.93416,8319714],["1991-12-03",1.93416,2.09053,1.93416,1.94239,25521076],["1991-12-10",1.93416,2.20576,1.92593,2.15638,19257750],["1991-12-17",2.14815,2.2963,2.07407,2.22222,12801545],["1991-12-24",2.23045,2.30453,2.17284,2.30453,6775144],["1991-12-31",2.2963,2.32099,2.13169,2.30453,11638182],["1992-01-07",2.28807,2.3786,2.20576,2.30453,17720775],["1992-01-14",2.32099,2.54321,2.26337,2.30453,21461456],["1992-01-21",2.28807,2.3786,2.17284,2.28807,12440082],["1992-01-28",2.30453,2.30453,2.13169,2.1893,10272827],["1992-02-04",2.1893,2.39506,2.13992,2.37037,15261921],["1992-02-11",2.38683,2.58436,2.38683,2.53498,39411564],["1992-02-18",2.63374,2.69136,2.55144,2.66667,26593313],["1992-02-25",2.66667,2.69959,2.57613,2.69959,12892669],["1992-03-03",2.6749,2.73251,2.51029,2.51852,10063237],["1992-03-10",2.52675,2.61728,2.50206,2.55967,7994700],["1992-03-17",2.55967,2.60905,2.49383,2.49383,11247862],["1992-03-24",2.50206,2.50206,2.38683,2.47737,16510331],["1992-03-31",2.47737,2.50206,2.35391,2.38683,12083175],["1992-04-07",2.39506,2.58436,2.30453,2.58436,15901313],["1992-04-14",2.60082,2.60905,2.44444,2.44444,6828300],["1992-04-21",2.44444,2.46914,2.32922,2.42798,12150001],["1992-04-28",2.43621,2.66667,2.41152,2.5679,11539463],["1992-05-05",2.5679,2.93004,2.5679,2.92181,25641057],["1992-05-12",2.92181,2.93004,2.65844,2.7572,14065144],["1992-05-19",2.74897,2.96296,2.74074,2.9465,13169082],["1992-05-26",2.93004,2.9465,2.77366,2.88066,26342720],["1992-06-02",2.88066,3.10288,2.8642,3.0535,14485838],["1992-06-09",3.04527,3.0535,2.8642,2.89712,10963857],["1992-06-16",2.91358,3.00412,2.79835,2.81482,9262857],["1992-06-23",2.83128,2.91358,2.69959,2.81482,14707575],["1992-06-30",2.81482,2.88066,2.64197,2.81482,11181038],["1992-07-07",2.83128,2.92181,2.78189,2.82305,10212075],["1992-07-14",2.82305,2.96296,2.63374,2.71605,8031151],["1992-07-21",2.78189,2.8642,2.63374,2.8642,10115633],["1992-07-28",2.84774,3.02881,2.79835,2.84774,10228023],["1992-08-04",2.8642,2.93004,2.74897,2.89712,5535844],["1992-08-11",2.93004,3.01235,2.89712,3.01235,6502529],["1992-08-18",2.99588,3.01235,2.74897,2.81482,7741069],["1992-08-25",2.81482,2.84774,2.76543,2.79835,3678413],["1992-09-01",2.81482,3.2428,2.81482,3.16049,11047388],["1992-09-08",3.16049,3.27572,3.07819,3.19342,7839788],["1992-09-15",3.16049,3.29218,3.12757,3.25926,7432762],["1992-09-22",3.25926,3.29218,2.96296,3.04527,6052979],["1992-09-29",3.06173,3.34156,2.91358,3.14403,6466079],["1992-10-06",3.19342,3.19342,2.99588,3.09465,4168209],["1992-10-13",3.07819,3.29218,3.04527,3.19342,7031813],["1992-10-20",3.19342,3.34156,3.14403,3.3251,6997640],["1992-10-27",3.35803,3.42387,3.25926,3.25926,7363659],["1992-11-03",3.25926,3.45679,3.25926,3.44033,5351316],["1992-11-10",3.45679,3.50617,3.2428,3.3251,7550465],["1992-11-17",3.30864,3.42387,3.22634,3.39095,7606660],["1992-11-24",3.37449,3.57202,3.35803,3.52263,6015010],["1992-12-01",3.53909,3.86831,3.53909,3.86831,8074435],["1992-12-08",3.86831,3.86831,3.60494,3.63786,3834845],["1992-12-15",3.55556,3.88477,3.40741,3.88477,15138140],["1992-12-22",3.9177,3.9177,3.75309,3.83539,2567446],["1992-12-29",3.81893,3.95062,3.78601,3.95062,4380834],["1993-01-05",3.93416,3.93416,3.67078,3.80247,8172393],["1993-01-12",3.78601,3.86831,3.67078,3.86831,5434847],["1993-01-19",3.86831,3.86831,3.58848,3.6214,9854409],["1993-01-26",3.6214,4.13169,3.60494,4.13169,17697235],["1993-02-02",4.13169,4.54321,4.03292,4.49383,14520010],["1993-02-09",4.47737,4.74074,4.47737,4.69136,10414828],["1993-02-16",4.65844,4.70782,4.09876,4.14815,19094484],["1993-02-23",4.14815,4.54321,4.14815,4.49383,9881747],["1993-03-02",4.52675,4.72428,4.49383,4.69136,7856493],["1993-03-09",4.65844,4.83951,4.60905,4.70782,6766031],["1993-03-16",4.70782,4.77366,4.60905,4.70782,6855638],["1993-03-23",4.72428,4.97119,4.70782,4.95473,6566317],["1993-03-30",4.92181,4.97119,4.7572,4.79012,6326353],["1993-04-06",4.77366,5.59671,4.72428,5.41564,18030600],["1993-04-13",5.46502,5.66255,5.33333,5.39918,13442457],["1993-04-20",5.4321,5.4321,4.57613,4.60905,30580791],["1993-04-27",4.54321,4.87243,4.3786,4.80658,18310051],["1993-05-04",4.79012,5.1358,4.79012,4.97119,12487922],["1993-05-11",4.93827,4.97119,4.79012,4.92181,7861050],["1993-05-18",4.88889,5.39918,4.79012,5.33333,14856413],["1993-05-25",5.33333,5.53086,5.31687,5.4321,5966410],["1993-06-01",5.44856,5.69547,5.41564,5.49794,7378846],["1993-06-08",5.49794,5.92593,5.48148,5.59671,14148676],["1993-06-15",5.64609,5.71193,5.30041,5.36625,9691903],["1993-06-22",5.33333,5.56379,5.26749,5.5144,9698738],["1993-06-29",5.56379,5.893,5.54733,5.82716,11037517],["1993-07-06",5.84362,5.87654,5.5144,5.82716,10529495],["1993-07-13",5.84362,6.44444,5.82716,6.24691,13941619],["1993-07-20",6.32099,6.49383,6.17284,6.41975,11020049],["1993-07-27",6.44444,6.59259,6.39506,6.51852,7356318],["1993-08-03",6.5679,6.93827,6.54321,6.91358,7351256],["1993-08-10",6.93827,7.30864,6.91358,6.98765,10970945],["1993-08-17",6.98765,7.4321,6.98765,7.03704,9950346],["1993-08-24",7.08642,7.20988,6.74074,6.81482,11857895],["1993-08-31",6.83951,7.06173,6.76543,6.81482,5390045],["1993-09-07",6.81482,6.93827,6.32099,6.46914,11065106],["1993-09-14",6.46914,6.71605,6.17284,6.59259,11948008],["1993-09-21",6.54321,6.64197,6.39506,6.5679,7099144],["1993-09-28",6.5679,6.96296,6.51852,6.93827,10825650],["1993-10-05",6.93827,7.06173,6.81482,6.96296,6540245],["1993-10-12",6.96296,7.08642,6.91358,6.91358,7083450],["1993-10-19",6.93827,6.98765,5.92593,5.95062,38441588],["1993-10-26",5.97531,6.41975,5.87654,6.19753,22299806],["1993-11-02",6.17284,6.66667,6.04938,6.61728,24969263],["1993-11-09",6.61728,7.08642,6.54321,6.66667,18283725],["1993-11-16",6.71605,6.79012,6.27161,6.37037,10471783],["1993-11-23",6.41975,6.96296,6.2963,6.91358,9550913],["1993-11-30",6.96296,6.98765,6.64197,6.69136,8377426],["1993-12-07",6.66667,7.1358,6.49383,7.11111,10079946],["1993-12-14",7.25926,7.40741,7.01235,7.18518,19506826],["1993-12-21",7.20988,7.28395,6.91358,7.08642,7440863],["1993-12-28",7.16049,7.45679,7.1358,7.4321,10959807],["1994-01-04",7.23457,7.35803,7.11111,7.20988,9342844],["1994-01-11",7.20988,7.33333,7.08642,7.30864,6639976],["1994-01-18",7.33333,7.35803,7.1358,7.30864,6173720],["1994-01-25",7.16049,7.48148,7.01235,7.35803,7275826],["1994-02-01",7.33333,7.7037,7.20988,7.30864,15378863],["1994-02-08",7.38272,7.55556,7.16049,7.23457,12470962],["1994-02-15",7.23457,7.40741,6.91358,7.11111,8482725],["1994-02-22",7.08642,7.11111,6.61728,6.74074,11601733],["1994-03-01",6.81482,6.8642,6.5679,6.74074,10141201],["1994-03-08",6.79012,6.81482,6.51852,6.64197,9270451],["1994-03-15",6.64197,7.11111,6.61728,6.8642,10877288],["1994-03-22",6.81482,6.83951,6.51852,6.5679,11543513],["1994-03-29",6.5679,6.59259,6.17284,6.34568,10638338],["1994-04-05",6.51852,6.79012,6.46914,6.71605,9385875],["1994-04-12",6.71605,6.76543,6.12346,6.12346,9976164],["1994-04-19",6.12346,6.22222,5.82716,6.17284,21229594],["1994-04-26",6.19753,6.24691,5.97531,6.17284,11832582],["1994-05-03",6.14815,6.24691,5.20988,5.4321,50818389],["1994-05-10",5.48148,5.67901,4.76543,4.88889,39756320],["1994-05-17",4.88889,5.50617,4.83951,5.23457,27818438],["1994-05-24",5.25926,5.4321,5.20988,5.4321,9128195],["1994-05-31",5.4321,5.55556,5.01235,5.03704,16828257],["1994-06-07",5.01235,5.25926,5.01235,5.16049,15982313],["1994-06-14",5.16049,5.60494,5.1358,5.50617,16250626],["1994-06-21",5.50617,5.50617,5.03704,5.16049,13592813],["1994-06-28",5.16049,5.20988,5.08642,5.18518,11255962],["1994-07-05",5.08642,5.60494,5.06173,5.58025,27519751],["1994-07-12",5.62963,5.85185,5.50617,5.7037,48656194],["1994-07-19",5.7037,5.80247,5.4321,5.62963,11334432],["1994-07-26",5.60494,5.62963,5.25926,5.33333,11718677],["1994-08-02",5.33333,5.58025,5.25926,5.4321,7919269],["1994-08-09",5.45679,5.48148,5.33333,5.45679,4436269],["1994-08-16",5.48148,5.53086,5.11111,5.16049,9053776],["1994-08-23",5.16049,5.48148,5.06173,5.30864,14562282],["1994-08-30",5.38272,5.38272,5.1358,5.16049,11507064],["1994-09-06",5.16049,5.18518,4.5679,4.59259,37702969],["1994-09-13",4.59259,4.74074,4.49383,4.64197,25957463],["1994-09-20",4.61728,4.71605,4.39506,4.41975,26345251],["1994-09-27",4.46914,4.61728,4.27161,4.51852,20661582],["1994-10-04",4.51852,4.54321,4.14815,4.41975,27661500],["1994-10-11",4.49383,4.49383,4.12346,4.14815,25737749],["1994-10-18",4.14815,4.49383,4.09876,4.41975,26844413],["1994-10-25",4.37037,4.69136,4.2963,4.66667,22770113],["1994-11-01",4.64197,4.66667,4.51852,4.59259,12348957],["1994-11-08",4.51852,4.54321,4.14815,4.24691,23091581],["1994-11-15",4.24691,4.5679,4.24691,4.37037,20348213],["1994-11-22",4.2963,4.32099,3.97531,4.19753,10754269],["1994-11-29",4.17284,4.32099,4,4.09876,10750219],["1994-12-06",4.07407,4.07407,3.06173,3.33333,61921463],["1994-12-13",3.35803,3.35803,3.1358,3.16049,46413506],["1994-12-20",3.1358,3.40741,3.11111,3.30864,23023744],["1994-12-27",3.33333,3.4321,3.18518,3.30864,17175545],["1995-01-03",3.35803,3.69136,3.33333,3.60494,21282752],["1995-01-10",3.60494,3.92593,3.58025,3.87654,31780350],["1995-01-17",3.87654,3.95062,3.60494,3.7037,25040644],["1995-01-24",3.7037,3.90124,3.55556,3.87654,21769763],["1995-01-31",3.87654,3.87654,3.72839,3.75309,14500519]]}
