Santander Consumer USA Holdings Inc (SC) Stock Technical Analysis
NYSE:SC - New York Stock Exchange, Inc. - Common Stock
We assign a technical rating of 5 out of 10 to SC. In the last year, SC was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Although the technical rating is only medium, SC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 41.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.59, a Stop Loss order could be placed below this zone.
More info and screens
39.92
We found 2 important support areas.
- A support zone ranging from 41.17 to 41.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.32 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 41.71 to 42.59. This zone is formed by a combination of multiple trend lines and important moving averages 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 SC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SC is neutral. |
| ChartMill Relative Strength | 97.38 | POSITIVE | SC has a high relative strength, it outperformed 97.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.33 | NEUTRAL | The RSI value for SC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.5 | NEUTRAL | The Stochastics value for SC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.72 | LOW VOLATILITY | The low ATR as a percentage value for SC suggests low volalility. |
Santander Consumer USA Holdings Inc
NYSE:SC (1/28/2022, 8:00:00 PM)
After market: 41.65 +0.05 (+0.12%)41.6
+0.01 (+0.02%)