SANTANDER

6.55 EUR (+3.48%)

04/03/2025 - 15:34 Preopen 15 min delayed data - Spain Stocks

Open:	6.15
Change:	+0.22
Volume:	123,792

Low:	6.06
High:	6.61
High / Low range:	0.55

Type:	Stocks
Ticker:	SAN
ISIN:	ES0113900J37

SANTANDER - 1H - Technical analysis published on 07/10/2024 (GMT)

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07/10/2024 - 09:35
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Londinia

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Timeframe : 1H
- Analysis generated on 07/10/2024 - 09:35
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

56%

22%

My opinion

Bullish above 4.4011 EUR

My targets

4.6623 EUR (+4.66%)

4.7455 EUR (+6.53%)

My analysis

All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on SANTANDER as long as the price remains well above 4.4011 EUR. The buyers' bullish objective is set at 4.6623 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.7455 EUR. If there is any crossing, the next objective would be the resistance located at 4.8645 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SANTANDER rating is 4.4545 EUR. The price has increased by +1.60% since the last closing with the lowest point at 4.3720 EUR and the highest point at 4.4545 EUR. The deviation from the price is +1.89% for the low point and 0% for the high point.

4.3720

4.4545

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of SANTANDER in 1H shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	4.3248	4.4011	4.4520	4.4545	4.6623	4.7455	4.8645
Change (%)	-2.91%	-1.20%	-0.06%	-	+4.66%	+6.53%	+9.20%
Change	-0.1297	-0.0534	-0.0025	-	+0.2078	+0.2910	+0.4100
Level	Intermediate	Intermediate	Intermediate	-	Major	Minor	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.2737	4.3208	4.3527	4.3998	4.4317	4.4788	4.5107
Camarilla	4.3628	4.3700	4.3773	4.3845	4.3917	4.3990	4.4062
Woodie	4.2660	4.3170	4.3450	4.3960	4.4240	4.4750	4.5030
Fibonacci	4.3208	4.3510	4.3697	4.3998	4.4300	4.4487	4.4788

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.0550	4.1660	4.3055	4.4165	4.5560	4.6670	4.8065
Camarilla	4.3761	4.3991	4.4220	4.4450	4.4680	4.4909	4.5139
Woodie	4.0693	4.1731	4.3198	4.4236	4.5703	4.6741	4.8208
Fibonacci	4.1660	4.2617	4.3208	4.4165	4.5122	4.5713	4.6670

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.5157	3.8988	4.1147	4.4978	4.7137	5.0968	5.3127
Camarilla	4.1658	4.2207	4.2756	4.3305	4.3854	4.4403	4.4952
Woodie	3.4320	3.8570	4.0310	4.4560	4.6300	5.0550	5.2290
Fibonacci	3.8988	4.1277	4.2690	4.4978	4.7267	4.8680	5.0968

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	51.67
MACD (12,26,9):	-0.0124
Directional Movement:	-0.0557
AROON (14):	-71.4286
DEMA (21):	4.4083
Parabolic SAR (0,02-0,02-0,2):	4.3693
Elder Ray (13):	0.0138
Super Trend (3,10):	4.4488
Zig ZAG (10):	4.4325
VORTEX (21):	0.9893
Stochastique (14,3,5):	42.82
TEMA (21):	4.3925
Williams %R (14):	-41.96
Chande Momentum Oscillator (20):	-0.0145
Repulse (5,40,3):	0.9284
ROCnROLL:	1
TRIX (15,9):	-0.0392
Courbe Coppock:	3.28

MA7:	4.4232
MA20:	4.4038
MA50:	4.6058
MA100:	4.3996
MAexp7:	4.4114
MAexp20:	4.4226
MAexp50:	4.4254
MAexp100:	4.4257
Price / MA7:	+0.71%
Price / MA20:	+1.15%
Price / MA50:	-3.28%
Price / MA100:	+1.25%
Price / MAexp7:	+0.98%
Price / MAexp20:	+0.72%
Price / MAexp50:	+0.66%
Price / MAexp100:	+0.65%

Quotes : 07/10/2024 - 09:19 - 15 min delayed data - Spain Stocks

News

The last news published on SANTANDER at the time of the generation of this analysis was as follows:

05/13/2024 - 11:00 Physitrack Plc (PTRK): Credit Facility from Santander UK Extended
02/05/2024 - 10:01 Lloyds and Santander shares slide on sanctions evasion report
01/24/2024 - 13:00 Santander, Ramirez & Co. and Mischler Financial Group Join DirectBooks
07/24/2023 - 13:04 Santander US Research Finds Consumers Resilient Despite Uncertainty
07/18/2023 - 14:06 Santander Signs Jon Rahm as New Global Ambassador

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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