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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SAN
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Red day on Tuesday for Banco Santander SA stock after losing 2.19%
(Updated on Jun 11, 2024)

Sell candidate since Jun 10, 2024 Loss -2.19% PDF

The Banco Santander SA stock price fell by -2.19% on the last day (Tuesday, 11th Jun 2024) from $5.03 to $4.92. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 1.65% from a day low at $4.85 to a day high of $4.93. The price has fallen in 6 of the last 10 days and is down by -3.91% for this period. Volume has increased on the last day by 803 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 3 million shares were bought and sold for approximately $12.73 million.

Given the current short-term trend, the stock is expected to rise 13.94% during the next 3 months and, with a 90% probability hold a price between $5.61 and $6.05 at the end of this 3-month period.

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SAN Signals & Forecast

There are few to no technical positive signals at the moment. The Banco Santander SA stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $5.08 and $5.06. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 03, 2024, and so far it has fallen -6.29%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Banco Santander SA stock

Banco Santander SA finds support from accumulated volume at $4.86 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0800 between high and low, or 1.65%. For the last week the stock has had daily average volatility of 1.22%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (SAN) For The Upcoming Trading Day Of Wednesday 12th

For the upcoming trading day on Wednesday, 12th we expect Banco Santander SA to open at $4.90, and during the day (based on 14 day Average True Range), to move between $4.82 and $5.02, which gives a possible trading interval of +/-$0.0963 (+/-1.96%) up or down from last closing price. If Banco Santander SA takes out the full calculated possible swing range there will be an estimated 3.92% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $4.86 (1.22%) than the resistance at $4.99 (1.42%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Banco Santander SA stock A Buy?

The Banco Santander SA stock holds several negative signals and despite the positive trend, we believe Banco Santander SA will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.133 Sell Candidate Unchanged

Predicted Opening Price for Banco Santander SA of Wednesday, June 12, 2024

Fair opening price June 12, 2024 Current price
$4.90 ( 0.407%) $4.92

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for SAN

Fibonacci Support & Resistance Levels

Level Price
R3 4.98 1.22%
R2 4.95 0.598%
R1 4.93 0.215%
Price 4.92
S1 4.87 -1.03%
S2 4.85 -1.41%
S3 4.82 -2.03%

Accumulated Volume Support & Resistance Levels

Level Price
R3 5.06 2.85%
R2 5.05 2.64%
R1 4.99 1.42%
Price 4.92
S1 4.86 -1.22%
S2 4.80 -2.44%
S3 4.76 -3.25%

SAN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 29, 2024 Apr 29, 2024 May 07, 2024 $0.103 2.04%
2 Oct 13, 2023 Oct 31, 2023 Nov 07, 2023 $0.0850 2.28%
3 Mar 03, 2023 Apr 27, 2023 May 05, 2023 $0.0630 1.83%
4 Oct 06, 2022 Oct 31, 2022 May 05, 2023 $0.0560 1.62%
5 Mar 23, 2022 Apr 28, 2022 May 05, 2022 $0.0570 2.02%

FAQ

What is the symbol for Banco Santander SA Stock and on which exchange is it traded?
The symbol for Banco Santander SA is SAN and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Banco Santander SA Stock?
The Banco Santander SA stock holds several negative signals and despite the positive trend, we believe Banco Santander SA will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Banco Santander SA Stock?
Banco Santander SA Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Banco Santander SA Stock.

What's the current price of Banco Santander SA Stock?
As of the end of day on the Jun 11, 2024, the price of an Banco Santander SA (SAN) share was $4.92.

What is the 52-week high and low for Banco Santander SA Stock?
The 52-week high for Banco Santander SA Stock is $5.27 and the 52-week low is $3.32.

What is the market capitalization of Banco Santander SA Stock?
As of the Jun 11, 2024, the market capitalization of Banco Santander SA is 76.397B.

When is the next earnings date for Banco Santander SA?
The upcoming earnings date for Banco Santander SA is Jul 24, 2024.
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About Banco Santander SA

Banco Santander SA Banco Santander, S.A. provides various retail and commercial banking products and services to individuals, small and medium-sized enterprises, and large companies worldwide. It offers demand and time deposits, and current and savings accounts; mortgages, consumer finance, syndicated corporate loans, structured financing, cash management, export and agency finance, trade and working capital solutions, and corporate finance; and insurance products.... SAN Profile

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