BANCO SANTANDER SA-SPON ADR (SAN) Stock Technical Analysis
NYSE:SAN - New York Stock Exchange, Inc. - US05964H1059 - ADR - Currency: USD
Taking everything into account, SAN scores 10 out of 10 in our technical rating. 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.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SAN is one of the better performing stocks in the market, outperforming 93% of all stocks.
SAN is part of the Banks industry. There are 396 other stocks in this industry. SAN outperforms 96% of them.
SAN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SAN is leading the market.
SAN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
SAN has an average volume of 5599980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, SAN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
4.37
8.14
6 important support areas can be observed.
- A support zone ranging from 7.13 to 7.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.96 from a horizontal line in the daily time frame.
- Support @6.76 from a trend line in the weekly time frame.
- Support @6.47 from a trend line in the daily time frame.
- Support @4.82 from a trend line in the weekly time frame.
- Support @4.41 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.03 to 8.06. 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 | 93.12 | POSITIVE | SAN has a high relative strength, it outperformed 93.12% 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) | 70.11 | OVERBOUGHT | The high RSI value suggests SAN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SAN has a negative trend. |
| Stochastics (14,3) | 85.02 | OVERBOUGHT | The high Stochastics value suggests SAN may be overbought. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for SAN suggests low volalility. |
| Average Directional Index/ADX (14) | 28.69 | 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)
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 |
|---|---|---|---|
| 8.07 | 7.74 | 0.33 (4.09%) | 24.45% |
| An entry @8.07. This is a Buy Stop order right above the resistance zone. | An exit @7.74. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.33 points, which is 4.09%. | When investing 24.45% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
8.02
+0.05 (+0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.63%
1 Week1.39%
2 Weeks3.48%
1 Month12.32%
3 Month18.64%
6 Month64.68%
12 Month58.19%
2 Year116.17%
3 Year186.43%
5 Year232.78%
10 Year14.41%
15 Year-87.08%
Volatility
ATR(14)0.13
ATR(20)%1.5%
ATR Inc-5.52%
Range Today0.13
ADR(20)0.1
ADR(20)%1.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.12
Mansfield4
10 Day High8.08
10 Day Low7.75
20 Day High8.08
20 Day Low7.14
52 Week High8.08
52 Week Low4.27
CS1 End7.2
CR1 Start8.03
Volume & EV
DER(3)-3.54%
DER(5)0.08%
Volume4.64M
Volume Incr-35.7%
Vol(5)3.25M
Vol(50)5.60M