USA - NYSE:SAN - US05964H1059 - ADR
We assign a technical rating of 10 out of 10 to SAN. Both in the recent history as in the last year, SAN has proven to be a steady performer, scoring decent points in every aspect analyzed.
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.
9.17
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 | 93.99 | POSITIVE | SAN has a high relative strength, it outperformed 93.99% 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) | 55.83 | 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) | 67.29 | NEUTRAL | The Stochastics value for SAN is a neutral value. | 
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for SAN suggests some volalility. | 
| Average Directional Index/ADX (14) | 20.42 | NEUTRAL | The ADX value for SAN suggests a possible start of a new trend. | 
10.18
+0.03 (+0.3%)
ChartMill assigns a technical rating of 10 / 10 to SAN.
The current trend direction for BANCO SANTANDER SA-SPON ADR (SAN) is Bullish.
BANCO SANTANDER SA-SPON ADR (SAN) has an RSI value of 55.8306. This indicates that the stock is currently neutral.
The MACD indicator for BANCO SANTANDER SA-SPON ADR (SAN) has a value of 0.0389397, indicating a bearish trend.
The buy/sell signal for BANCO SANTANDER SA-SPON ADR (SAN) is buy as both the short term and long term trends are positive.