SANTANDER
SANTANDER
- EUR (-)
- 15 min delayed data - Spain Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SAN
ISIN: ES0113900J37

SANTANDER - 1H - Technical analysis published on 12/31/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 4.4359 EUR
My targets
4.5585 EUR (+2.11%)
4.6242 EUR (+3.58%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SANTANDER as long as the price remains well above 4.4359 EUR. The buyers' bullish objective is set at 4.5585 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.6242 EUR. If there is any crossing, the next objective would be the resistance located at 4.6827 EUR.

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

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:
15 min. Daily Weekly

Additional analysis

Quotes

The SANTANDER price is 4.4645 EUR. The price registered an increase of +1.55% on the session and was between 4.3860 EUR and 4.4645 EUR. This implies that the price is at +1.79% from its lowest and at 0% from its highest.

4.3860
4.4645
4.4645

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this SANTANDER chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, 15 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Central Candlesticks

Bearish doji star

Type : Bearish

Timeframe : 1 hour


Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 4.3409 4.3961 4.4359 4.4645 4.5585 4.6242 4.6827
Change (%) -2.77% -1.53% -0.64% - +2.11% +3.58% +4.89%
Change -0.1236 -0.0684 -0.0286 - +0.0940 +0.1597 +0.2182
Level Minor Major Intermediate - Major Intermediate Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.27924.30984.35324.38384.42724.45784.5012
Camarilla4.37624.38294.38974.39654.40334.41014.4169
Woodie4.28554.31304.35954.38704.43354.46104.5075
Fibonacci4.30984.33814.35564.38384.41214.42964.4578


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.22384.25674.32234.35524.42084.45374.5193
Camarilla4.36094.36994.37904.38804.39704.40614.4151
Woodie4.24034.26494.33884.36344.43734.46194.5358
Fibonacci4.25674.29434.31754.35524.39284.41604.4537


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.85874.07184.22374.43684.58874.80184.9537
Camarilla4.27514.30864.34204.37554.40904.44244.4759
Woodie3.82804.05654.19304.42154.55804.78654.9230
Fibonacci4.07184.21134.29744.43684.57634.66244.8018

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): 72.89
MACD (12,26,9): 0.0222
Directional Movement: 23.8812
AROON (14): 100.0000
DEMA (21): 4.4306
Parabolic SAR (0,02-0,02-0,2): 4.4145
Elder Ray (13): 0.0458
Super Trend (3,10): 4.4055
Zig ZAG (10): 4.4645
VORTEX (21): 1.2306
Stochastique (14,3,5): 97.68
TEMA (21): 4.4548
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 0.0640
Repulse (5,40,3): 0.6779
ROCnROLL: 1
TRIX (15,9): 0.0527
Courbe Coppock: 2.58
MA7: 4.3795
MA20: 4.5108
MA50: 4.4923
MA100: 4.4113
MAexp7: 4.4361
MAexp20: 4.4054
MAexp50: 4.4026
MAexp100: 4.4415
Price / MA7: +1.94%
Price / MA20: -1.03%
Price / MA50: -0.62%
Price / MA100: +1.21%
Price / MAexp7: +0.64%
Price / MAexp20: +1.34%
Price / MAexp50: +1.41%
Price / MAexp100: +0.52%

Quotes : - 15 min delayed data - Spain Stocks

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

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