EN
Takip Edin: @UscMarketsLTMAY Stock Forecast & LATAM Airlines Group Chart Analysis
This article provides a detailed analysis of LTMAY-LATAM Airlines Group stock including a forecast for LTMAY shares. It features LATAM Airlines Group S.A. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
LTMAY Historical Data Review
LTMAY Current Price Performance Analysis
The LATAM Airlines Group - LTMAY stock traded on the American stock market, on 06-05-2024, closed at 0.529$ with no change compared to the previous day.
In the last month, the price of LTMAY changed by %-8.64 decreased in value, from 0.579 dollars on 05-06-2024 to 0.529 dollars, decreased.
Last year, the price of LTMAY was 0.430000007 dollars on 06-06-2023, and changed by %23.02 increased in value, to 0.529 dollars increased within a year.
The price of LATAM Airlines Group stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
LTMAY with AI Stock Forecast & Price Target
On the LTMAY chart LATAM Airlines Group price was recorded as 0.53 Dollars on 06/05/2024.
The artificial intelligence's forecast on LTMAY stock is as follows.
The artificial intelligence's prediction error margin for LTMAY stock is moderate.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for LATAM Airlines Group stock over the next 4 months is: 0.1 Dollars.
The commentary on LTMAY stock Target Price: Highest: 0.467 Dollars is predicted.
The commentary on LTMAY stock Target Price: Lowest: -0.148 Dollars is predicted.
Resistance Price where LATAM Airlines Group stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 08-29-2024 | 0.167 |
Support Price where LATAM Airlines Group stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 0.146 |
The commentary on LTMAY stock: The target price can generally be said to be on the decline.
The commentary on LTMAY stock: Fluctuations in the target price can be expected in the coming days.
The target price for LATAM Airlines Group stock by the end of 2024 is predicted to be 0.00131 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on LTMAY stock, and the 2024 target price predictions for LATAM Airlines Group are detailed above.
The technical analysis and charts for the commentary on LTMAY stock are below.
LTMAY Support & Resistance and Trend Analysis
LTMAY stock you have reviewed the technical analysis support resistance charts regarding.
LTMAY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the LTMAY review, the LATAM Airlines Group support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
LATAM Airlines Group Support and Resistance Prices:
| LTMAY Support Level Price | LTMAY Resistance Level Price |
|---|---|
| 0.5000 | 0.560 |
| 0.5099 | 0.579 |
| 0.5190 | 0.589 |
| 0.5290 | 0.600 |
| 0.5500 | 0.620 |
| 0.629 | |
| 0.639 | |
| 0.649 |
LTMAY Technical Analysis: SMA, RSI, MACD
Upon reviewing the LTMAY chart, buy and sell signals have been generated in the LATAM Airlines Group technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for LTMAY stock are as follows:- The technical analysis for LATAM Airlines Group indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for LATAM Airlines Group stock: Click here to read more predictions on ASML Holding N.V. stock.
Click here for price target predictions and technical analysis charts of other American stocks