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

SANTANDER - Daily - Technical analysis published on 10/04/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 3.5172 EUR
My targets
3.3985 EUR (-3.11%)
3.2490 EUR (-7.37%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on SANTANDER as long as the price remains well below 3.5172 EUR. The sellers” bearish objective is set at 3.3985 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.2490 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
7.3

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The SANTANDER rating is 3.5075 EUR. The price registered a decrease of -0.03% on the session with the lowest point at 3.4705 EUR and the highest point at 3.5355 EUR. The deviation from the price is +1.07% for the low point and -0.79% for the high point.

3.4705
3.5355
3.5075

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by SANTANDER:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of SANTANDER indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily



In fact, 12 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


MACD indicator is back under 0

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : Daily


Support of triangle is broken

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 3.2490 3.3985 3.5075 3.5172 3.6273 3.9347
Change (%) -7.37% -3.11% - +0.28% +3.42% +12.18%
Change -0.2585 -0.1090 - +0.0097 +0.1198 +0.4272
Level Major Major - Intermediate 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
Standard3.37973.42983.46923.51933.55873.60883.6482
Camarilla3.48393.49213.50033.50853.51673.52493.5331
Woodie3.37433.42713.46383.51663.55333.60613.6428
Fibonacci3.42983.46403.48513.51933.55353.57463.6088


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.35903.44803.57403.66303.78903.87804.0040
Camarilla3.64093.66063.68033.70003.71973.73943.7591
Woodie3.37753.45733.59253.67233.80753.88734.0225
Fibonacci3.44803.53013.58093.66303.74513.79593.8780


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.00083.19323.46483.65723.92884.12124.3928
Camarilla3.60893.65143.69403.73653.77903.82163.8641
Woodie3.04053.21303.50453.67703.96854.14104.4325
Fibonacci3.19323.37043.47993.65723.83443.94394.1212

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): 40.82
MACD (12,26,9): -0.0174
Directional Movement: -12.3846
AROON (14): -100.0000
DEMA (21): 3.6039
Parabolic SAR (0,02-0,02-0,2): 3.7514
Elder Ray (13): -0.1093
Super Trend (3,10): 3.4846
Zig ZAG (10): 3.5050
VORTEX (21): 0.9958
Stochastique (14,3,5): 6.63
TEMA (21): 3.6119
Williams %R (14): -89.07
Chande Momentum Oscillator (20): -0.1155
Repulse (5,40,3): -4.3990
ROCnROLL: 2
TRIX (15,9): 0.0332
Courbe Coppock: 5.42
MA7: 3.6112
MA20: 3.6667
MA50: 3.6162
MA100: 3.8391
MAexp7: 3.5826
MAexp20: 3.6217
MAexp50: 3.6806
MAexp100: 3.8004
Price / MA7: -2.87%
Price / MA20: -4.34%
Price / MA50: -3.01%
Price / MA100: -8.64%
Price / MAexp7: -2.10%
Price / MAexp20: -3.15%
Price / MAexp50: -4.70%
Price / MAexp100: -7.71%

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

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