BANCO SANTANDER SA-SPON ADR (SAN) Stock Technical Analysis
USA - NYSE:SAN - US05964H1059 - ADR
Overall SAN gets a technical rating of 9 out of 10. 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.
Although SAN has an excellent technical rating, the quality of the presented setup is not ideal 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
9.16
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.88 to 9.95. 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 9.64 to 9.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.25 to 9.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.39 to 10.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 93.1 | POSITIVE | SAN has a high relative strength, it outperformed 93.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SAN is above a declining 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) | 55.08 | NEUTRAL | The RSI value for SAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SAN has a positive trend. |
| Stochastics (14,3) | 73.98 | NEUTRAL | The Stochastics value for SAN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for SAN suggests some volalility. |
| Average Directional Index/ADX (14) | 21.38 | NEUTRAL | The ADX value for SAN suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 10.50 | 9.87 | 0.63 (6.00%) | 16.67% |
| An entry @10.50. This is a Buy Stop order right above the resistance zone. | An exit @9.87. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.63 points, which is 6.00%. | For a 1.00% total portfolio risk, you can invest 16.67% of your capital in this trade. |
- 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.
10.15
-0.09 (-0.88%)
BANCO SANTANDER SA-SPON ADR / SAN FAQ
Can you provide the ChartMill technical rating for BANCO SANTANDER SA-SPON ADR?
ChartMill assigns a technical rating of 9 / 10 to SAN.
What is the trend direction for SAN stock?
The current trend direction for BANCO SANTANDER SA-SPON ADR (SAN) is Bullish.
What is the RSI signal for SAN stock?
BANCO SANTANDER SA-SPON ADR (SAN) has an RSI value of 55.0822. This indicates that the stock is currently neutral.
What is the MACD signal for BANCO SANTANDER SA-SPON ADR (SAN) stock?
The MACD indicator for BANCO SANTANDER SA-SPON ADR (SAN) has a value of 0.0383268, indicating a bearish trend.
What is the buy/sell signal for BANCO SANTANDER SA-SPON ADR (SAN) stock?
The buy/sell signal for BANCO SANTANDER SA-SPON ADR (SAN) is buy as both the short term and long term trends are positive.