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Is LTM building bearish momentum? Fell Below 20 Day Moving Average shows up after declining 3.47%

LATAM Airlines Group S.A. (LTM) — Nightly Technical Analysis · Sep 9, 2025, 17:37 ET
LTM closed down 3.47% on Tuesday, September 9th, with volume running 4.5× above average. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — Fell Below 20 DMA and MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 46.77, 45.9 & 45.09, with resistance at 48.46, 49.27 & 50.14.

Current SwingTradeBot Technical Rating of LTM: C

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LATAM Airlines Group S.A. (LTM)