Weaker Buy Today LTM ranks #753 as BUY CANDIDATE. Stronger Buy
Today LTM ranks #753 as BUY CANDIDATE.

LTM stock LATAM Airlines Group S.A.

LTM stock
LATAM Airlines Group S.A.

March 19, 2019
Change 0.43%
Chart period: 2018-12-20 - 2019-03-19
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Will LTM stock price go up or down on Wed, 20 Mar 2019?

LATAM Airlines Group S.A. Forecast and Stock Analysis

Technical LTM stock analysis for March 19, 2019.

Buy candidate since 2019-03-18 Gain 0.43%
Shorts 14.79% ( 2019-02-28 )
Cash n/a
Loans n/a
Beta 1.39
ROA 1.00

LATAM Airlines Group S.A. gained 0.43% in the last trading day, rising from $11.73 to $11.78 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has been going up and down for this period, and there has been a 3.97% gain for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 445 196 more shares were traded than the day before. In total, 663 717 shares bought and sold for approximately $7.82 million.

Close price at the end of the last trading day (Tuesday, 19th Mar 2019) of the LTM stock was $11.78. This is 0.43% more than the trading day before Monday, 18th Mar 2019.

During day the stock fluctuated 1.71% from a day low at $11.69 to a day high of $11.89.

30 day high of the LTM stock price was $12.30 and low was $10.85.
90 day high was $12.30 and low was $9.56.
52 week high for the LATAM Airlines Group S.A. - $16.24 and low - $8.42.

Trend

LATAM Airlines Group S.A. lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 10.64% during the next 3 months and, with 90% probability hold a price between $11.96 and $14.29 at the end of this period.

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Signals

Only positive signals in the chart today. LATAM Airlines Group S.A. holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $11.70 and $11.65. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday March 15, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

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Relative Strength Index (RSI)

RSI14 is 47 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

LATAM Airlines Group S.A. finds support from accumulated volume at $11.77.

Support: $11.77 Price: $11.78 Resistance: $11.84

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.20 (1.71%) between high and low. For the last week, the stock has had a daily average volatility of 2.42%.

Our recommended stoploss: $11.07 (-6.02%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Buy Candidate

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.

Weaker Buy Today LTM ranks #753 as BUY CANDIDATE. Stronger Buy
Today LTM ranks #753 as BUY CANDIDATE.