Santander Consumer USA Holdings Inc Forecast and Stock Analysis
Technical SC stock analysis for February 15, 2019.
| Shorts | 3.83% ( 2019-01-31 ) |
| Cash | n/a |
| Loans | n/a |
| Beta | 1.12 |
| ROA | 2.24 |
Santander Consumer USA Holdings Inc gained 1.43% in the last trading day, rising from $20.31 to $20.60 The price has been going up and down for this period, and there has been a 7.85% gain for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 0.15 million more shares were traded than the day before. In total, 1.07 million shares bought and sold for approximately $22.06 million.
Close price at the end of the last trading day (Friday, 15th Feb 2019) of the SC stock was $20.60. This is 1.43% more than the trading day before Thursday, 14th Feb 2019.
During day the stock fluctuated 1.82% from a day low at $20.37 to a day high of $20.74.
30 day high of the SC stock price was $20.74 and low was $17.68.
90 day high was $20.74 and low was $16.10.
52 week high for the Santander Consumer USA Holdings Inc - $21.81 and low - $15.55.
Trend
Santander Consumer USA Holdings Inc lies in the upper part of a wide and weak rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $21.01 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 7.09% during the next 3 months and, with 90% probability hold a price between $18.18 and $22.50 at the end of this period.
Signals
Only positive signals in the chart today. Santander Consumer USA Holdings Inc holds buy signals from both short- and long-term moving averages. In addition, 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 $20.23 and $19.11. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday January 29, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
Relative Strength Index (RSI)
RSI14 is 70 and the stock is currently not being overbought or oversold
Support & Resistance
Santander Consumer USA Holdings Inc finds support from accumulated volume at $20.36.
Risk
This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.37 (1.82%) between high and low. For the last week, the stock has had a daily average volatility of 1.64%.
Our recommended stoploss: $19.61 (-4.83%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 13 days ago.)
Overall risk:
Very Low Low Medium High Very High
Evaluation: Buy Candidate
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.
