LATAM Airlines Group SA

LTM remains in a Stage 4 downtrend with price trading below its key EMAs and SMAs. Recent attempts to rally into the 9 and 20 EMAs have been rejected, reinforcing medium-term bearish bias. Short-term conditions favor selling now against overhead resistance, while oversold status and potential support near the low range pose the primary risk.

• ↑Q2 revenue $4.2 B (+28% YoY) with a 5.4% adjusted EBITDA margin
• ↑Premium yields up 28% YoY; premium contributes 29% of passenger revenues
• ↓Shares trade 35.7% above GF Value fair price of $39.59, suggesting overvaluation