LATAM Airlines Group S.A. (NYSE:LTM) Dropped -2.6% – Here’s Why

In its latest trading session, LATAM Airlines Group S.A. (NYSE:LTM) dropped by -2.6% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? To grasp this action better, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 50.972, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.251, an Accumulation/Distribution Index (ADI) of 0.251, an On-Balance Volume (OBV) of 268.055, and a Chaiikin Money Flow (CMF) of 10.47. 25.0

Now let’s plug these indicators in. According to Trading View, putting it all together gets the following:

So there you have it – our analysis of LATAM Airlines Group S.A. (NYSE:LTM). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.