Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

LATAM Airlines Group ADR Clears Technical Benchmark, Hitting 90-Plus RS Rating

LATAM Airlines Group ADR had its Relative Strength (RS) Rating upgraded from 88 to 91 Monday.

IBD's unique RS Rating measures market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.

History shows that the market's biggest winners often have an RS Rating of at least 80 at the beginning of a new run.

How To Use Stock Charts To Stay Profitable And Protected

While LATAM Airlines Group ADR is not near a proper buying range right now, see if it is able to form and break out from a proper consolidation.

The company posted -51% EPS growth in the latest quarterly report. Sales rose 4%. Look for the next report on or around Apr. 28.

LATAM Airlines Group ADR earns the No. 9 rank among its peers in the Transportation-Airline industry group. Alaska Air Group, Skywest and Copa Holdings Cl A are among the top 5 highly rated stocks within the group.

This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.

RELATED:

Airline Industry News And Stocks To Watch

IBD Stock Rating Upgrades: Rising Relative Strength

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

Ready To Grow Your Investing Skills? Join An IBD Meetup Group!

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.