LATAM AIRLS GROUP S A (LFL) Stock Technical Analysis
NYSE:LFL - New York Stock Exchange, Inc. - US51817R1068
Taking everything into account, LFL scores 8 out of 10 in our technical rating. In the last year, LFL was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month LFL has a been trading in the 12.18 - 13.72 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, LFL did better than 95% of all other stocks. On top of that, LFL also shows a nice and consistent pattern of rising prices.
LFL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LFL is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Volume is considerably higher in the last couple of days.
LFL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 12.46, a Stop Loss order could be placed below this zone.
More info and screens
9.35
13.77
We found 3 important support areas.
- A support zone ranging from 12.25 to 12.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.54 from a trend line in the daily time frame.
- A support zone ranging from 9.44 to 9.51. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @13.63 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for LFL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LFL is down. |
| ChartMill Relative Strength | 95.14 | POSITIVE | LFL has a high relative strength, it outperformed 95.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LFL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LFL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LFL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.36 | NEUTRAL | The RSI value for LFL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests LFL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.81 | OVERSOLD | The low Stochastics value suggests LFL may be oversold. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for LFL suggests some volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.57 | 12.24 | 0.32 (2.59%) | 25.00% |
| An entry @12.56. This is a Buy Stop order right above the 10 day moving average. | An exit @12.24. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.32 points, which is 2.59%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.65%. |
- The distance between exit and entry is rather small compared to the average daily movement of LFL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:LFL (5/12/2017, 8:04:03 PM)
12.47
+0.2 (+1.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.63%
1 Week-1.42%
2 Weeks-1.58%
1 Month-5.1%
3 Month24.95%
6 Month42.19%
12 Month93.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%2.39%
ATR Inc12.16%
Range Today0.18
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.14
Mansfield2.71
10 Day High12.88
10 Day Low12.18
20 Day High13.72
20 Day Low12.18
52 Week High13.72
52 Week Low5.81
CS1 End12.46
CR1 Start13.63
Volume & EV
DER(3)-6.89%
DER(5)-7.9%
Volume431.90K
Volume Incr35.51%
Vol(5)588.90K
Vol(50)435.26K