Banco Santander SA Stock Forecast

Buy candidate since Apr 21, 2025 Gain 5.97%

The Banco Santander SA stock price gained 2.31% on the last trading day (Wednesday, 23rd Apr 2025), rising from $6.94 to $7.10. During the last trading day the stock fluctuated 1.40% from a day low at $7.05 to a day high of $7.15. The price has risen in 7 of the last 10 days and is up by 23.26% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 8 million shares were bought and sold for approximately $53.30 million.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 24.60% during the next 3 months and, with a 90% probability hold a price between $7.47 and $9.68 at the end of this 3-month period.

SAN Signals & Forecast

The Banco Santander SA stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $6.78 and $6.65. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, March 18, 2025, and so far it has fallen -0.560%. Further fall is indicated until a new bottom pivot has been found.

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

On the downside, the stock finds support just below today's level from accumulated volume at $6.39 and $6.37. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Banco Santander SA finds support just below today's level at $6.39. If this is broken, then the next support from accumulated volume will be at $6.37 and $6.31.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0988 between high and low, or 1.40%. For the last week, the stock has had daily average volatility of 2.14%.

Our recommended stop-loss: $6.82 (-3.98%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 25 days ago.)

Trading Expectations (SAN) For The Upcoming Trading Day Of Thursday 24th

For the upcoming trading day on Thursday, 24th we expect Banco Santander SA to open at $7.10, and during the day (based on 14 day Average True Range), to move between $6.86 and $7.34, which gives a possible trading interval of +/-$0.242 (+/-3.41%) up or down from last closing price. If Banco Santander SA takes out the full calculated possible swing range there will be an estimated 6.81% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $7.14 (0.56%) than the support at $6.39 (10.00%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Dividend Warning For SAN

Dividend warning for SAN: Ex-dividend date is approaching in 5 days on Wednesday 30th April, 2025. The dividend to be paid is $0.0800, which is a moderate dividend (1.13%). The stock is expected to open approximately 1.13% lower on the ex-dividend date.

Is Banco Santander SA stock A Buy?

Banco Santander SA holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 5.274 Strong Buy Candidate Upgraded

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Predicted Fair Opening Price

Predicted fair opening price on April 24, 2025 - $7.10 ( 0.0056%).