SAN Price Prediction Next Week
Based on the provided data and technical indicators, here's the analysis for SAN stock for the next trading week:
Technical Analysis
- RSI (14) is at 69.15, approaching but not yet in overbought territory (>70)
- MACD is showing a positive value of 0.09, indicating bullish momentum
- Price is currently trading above both SMA-20 (4.71) and SMA-200 (4.75), suggesting an overall upward trend
Fibonacci Levels
- Current Pivot: 4.85
- Resistance levels: R1: 5.04, R2: 5.16, R3: 5.36
- Support levels: S1: 4.65, S2: 4.53, S3: 4.34
News Sentiment Analysis Recent news shows mixed sentiment:
- Positive: Ana Botín, Santander's Executive Chair, participated in World Economic Forum discussions
- Neutral: Bank executives' involvement in global economic discussions suggests stable institutional positioning
Price Prediction for Next Week Based on technical analysis and current market conditions:
- Base case (60% probability): Price likely to test R1 at 5.04
- Bullish case (25% probability): Could reach R2 at 5.16 if market momentum continues
- Bearish case (15% probability): Might find support at S1 4.65 if market sentiment turns negative
Trading Recommendation BUY with the following parameters:
- Entry point: Current market price (~4.85)
- Target: 5.04 (R1 level)
- Stop loss: 4.65 (S1 level)
- Risk/Reward ratio: 1:1.2
SAN Similar Chart Price Prediction
The price of SAN is predicted to go up -0.23%, based on the high correlation periods with BRC. The similarity of these two price pattern on the periods is 96.84%.
SAN
BRC
Down: -0.23%Similarity: 96.84%
SAN Revenue Forecast
SAN EPS Forecast
SAN FAQs
What is revenue forecast for next quarter？
SAN VS S&P500
Santander operates in regions with higher growth prospects and levels of profitability compared with its European peers.
A focus on retail banking and geographical diversification gives greater stability and visibility to Santander's earnings.
Streamlining Santander's portfolio could unlock significant value.