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44.8% Return Seen to Date on SmarTrend Banco Santander Call (SAN)

By Shiri Gupta

SmarTrend identified an Uptrend for Banco Santander (NYSE:SAN) on September 6th, 2016 at $4.60. In approximately 10 months, Banco Santander has returned 44.78% as of today's recent price of $6.66.

Over the past year, Banco Santander has traded in a range of $3.60 to $7.72 and is now at $6.66, 85% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 1% while the 50-day MA has advanced 1.5%.

Banco Santander Chile attracts deposits and offers retail and commercial banking services in Chile. The Bank offers personal and corporate loans, credit cards, mutual funds, lease financing, securities brokerage services, and business consulting.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Banco Santander shares.

Log in and add Banco Santander (SAN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights banco santander

Ticker(s): SAN