Should You Buy LATAM Airlines Group SA (LTM) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/30
LTM is not a good buy right now for an impatient investor. The trend is bullish, but the stock is extended/overbought and sitting just above near-term resistance (~66.39) while Wall Street’s latest raised targets ($58.50–$60) are still below the current price (~66.45), implying limited upside vs. elevated pullback risk. If you already hold shares, it’s a hold/trim-into-strength setup; if you don’t own it, I would not chase here.
Technical Analysis
**Intellectia Proprietary Trading Signals**
- [AI Stock Picker](module://ai_stock_pick): no signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock recently.
**Trend / Momentum**: The primary trend is bullish with a strong moving-average stack (SMA_5 > SMA_20 > SMA_200). MACD histogram is positive (0.528) but contracting, which often signals momentum is still up but slowing.
**Overbought / Mean-reversion risk**: RSI(6) at 76.6 indicates the stock is stretched in the near term (overbought conditions), increasing the odds of a pause or pullback rather than a clean continuation immediately.
**Key levels**: Pivot ~62.43 (important support). Immediate resistance is R1 ~66.386 (price closed ~66.45, i.e., just above it), with next resistance at R2 ~68.83. Because price is pressing resistance with overbought RSI and contracting MACD, the risk/reward is unfavorable for a fresh chase.
**Pattern-based odds (provided)**: Similar-pattern stats suggest moderate upside odds near-term (next day/week), but minimal expected edge over the next month (only ~0.32%), which aligns with a “late-in-move” entry risk.