SANTANDER - 1H - Technical analysis published on 10/10/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 4.4984 EUR
My targets
4.5780 EUR (+0.84%)
4.6623 EUR (+2.69%)
My analysis
A bullish trend on SANTANDER both in substance and in the short term. A purchase could be considered as long as the price remains above 4.4984 EUR. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 4.5780 EUR. Then the price could move towards 4.6623 EUR. Then 4.8780 EUR by extension. Be careful, a return below 4.4984 EUR would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SANTANDER rating 4.5400 EUR. The price has increased by +0.12% since the last closing and was between 4.5030 EUR and 4.5810 EUR. This implies that the price is at +0.82% from its lowest and at -0.90% from its highest.4.5030
4.5810
4.5400
Here is a more detailed summary of the historical variations registered by SANTANDER:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this SANTANDER chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are bullish. There is still some doubt about the price increase.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.2460 | 4.3345 | 4.4984 | 4.5400 | 4.5780 | 4.6623 | 4.8780 |
| Change (%) | -6.48% | -4.53% | -0.92% | - | +0.84% | +2.69% | +7.44% |
| Change | -0.2940 | -0.2055 | -0.0416 | - | +0.0380 | +0.1223 | +0.3380 |
| Level | Major | Minor | Major | - | Major | Major | Minor |
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 | 4.4175 | 4.4495 | 4.4920 | 4.5240 | 4.5665 | 4.5985 | 4.6410 |
| Camarilla | 4.5140 | 4.5208 | 4.5277 | 4.5345 | 4.5413 | 4.5482 | 4.5550 |
| Woodie | 4.4228 | 4.4521 | 4.4973 | 4.5266 | 4.5718 | 4.6011 | 4.6463 |
| Fibonacci | 4.4495 | 4.4780 | 4.4955 | 4.5240 | 4.5525 | 4.5700 | 4.5985 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.9668 | 4.1507 | 4.3153 | 4.4992 | 4.6638 | 4.8477 | 5.0123 |
| Camarilla | 4.3842 | 4.4161 | 4.4481 | 4.4800 | 4.5120 | 4.5439 | 4.5758 |
| Woodie | 3.9573 | 4.1459 | 4.3058 | 4.4944 | 4.6543 | 4.8429 | 5.0028 |
| Fibonacci | 4.1507 | 4.2838 | 4.3660 | 4.4992 | 4.6323 | 4.7145 | 4.8477 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.8305 | 4.0175 | 4.3090 | 4.4960 | 4.7875 | 4.9745 | 5.2660 |
| Camarilla | 4.4689 | 4.5128 | 4.5566 | 4.6005 | 4.6444 | 4.6882 | 4.7321 |
| Woodie | 3.8828 | 4.0436 | 4.3613 | 4.5221 | 4.8398 | 5.0006 | 5.3183 |
| Fibonacci | 4.0175 | 4.2003 | 4.3132 | 4.4960 | 4.6788 | 4.7917 | 4.9745 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 53.75 | |
| MACD (12,26,9): | 0.0034 | |
| Directional Movement: | 4.3375 | |
| AROON (14): | 28.5714 | |
| DEMA (21): | 4.5344 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.4874 | |
| Elder Ray (13): | 0.0048 | |
| Super Trend (3,10): | 4.4856 | |
| Zig ZAG (10): | 4.5400 | |
| VORTEX (21): | 1.0451 | |
| Stochastique (14,3,5): | 50.92 | |
| TEMA (21): | 4.5286 | |
| Williams %R (14): | -41.71 | |
| Chande Momentum Oscillator (20): | 0.0130 | |
| Repulse (5,40,3): | 0.2727 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0204 | |
| Courbe Coppock: | 1.05 |
| MA7: | 4.5041 | |
| MA20: | 4.5190 | |
| MA50: | 4.3606 | |
| MA100: | 4.4426 | |
| MAexp7: | 4.5291 | |
| MAexp20: | 4.5274 | |
| MAexp50: | 4.5175 | |
| MAexp100: | 4.5125 | |
| Price / MA7: | +0.80% | |
| Price / MA20: | +0.46% | |
| Price / MA50: | +4.11% | |
| Price / MA100: | +2.19% | |
| Price / MAexp7: | +0.24% | |
| Price / MAexp20: | +0.28% | |
| Price / MAexp50: | +0.50% | |
| Price / MAexp100: | +0.61% |
Quotes :
-
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:
- Physitrack Plc (PTRK): Credit Facility from Santander UK Extended
-
Lloyds and Santander shares slide on sanctions evasion report
- Santander, Ramirez & Co. and Mischler Financial Group Join DirectBooks
- Santander US Research Finds Consumers Resilient Despite Uncertainty
- Santander Signs Jon Rahm as New Global Ambassador
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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