BANCO SANTANDER SA-SPON ADR (SAN) Stock Technical Analysis
NYSE:SAN - New York Stock Exchange, Inc. - US05964H1059 - ADR - Currency: USD
We assign a technical rating of 10 out of 10 to SAN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SAN is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SAN is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by SAN over the past year are nicely spread over this period.
SAN is one of the better performing stocks in the Banks industry, it outperforms 98% of 394 stocks in the same industry.
SAN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
SAN has an average volume of 6259510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SAN has a been trading in the 7.83 - 8.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although SAN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.37
8.57
We found 6 important support areas.
- A support zone ranging from 8.29 to 8.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.79 to 7.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.25 from a trend line in the weekly time frame.
- Support @7.00 from a trend line in the daily time frame.
- Support @4.89 from a trend line in the weekly time frame.
- Support @4.41 from a horizontal line in the weekly 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 SAN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SAN is up. |
| ChartMill Relative Strength | 92.34 | POSITIVE | SAN has a high relative strength, it outperformed 92.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SAN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SAN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SAN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.5 | NEUTRAL | The RSI value for SAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SAN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.04 | NEUTRAL | The Stochastics value for SAN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for SAN suggests some volalility. |
| Average Directional Index/ADX (14) | 27.8 | POSITIVE | The high ADX value value for SAN suggests a strong trend. |
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)
8.49
+0.06 (+0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.71%
1 Week-1.4%
2 Weeks4.33%
1 Month5.9%
3 Month31.1%
6 Month82.47%
12 Month73.46%
2 Year109.18%
3 Year241.3%
5 Year299.53%
10 Year23.79%
15 Year-87.43%
Volatility
ATR(14)0.19
ATR(20)%2.52%
ATR Inc41.99%
Range Today0.11
ADR(20)0.13
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.34
Mansfield3.34
10 Day High8.9
10 Day Low8.17
20 Day High8.9
20 Day Low7.83
52 Week High8.9
52 Week Low4.27
CS1 End8.38
CR1 StartN/A
Volume & EV
DER(3)2.02%
DER(5)3.51%
Volume12.47M
Volume Incr15.54%
Vol(5)8.83M
Vol(50)6.26M