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Banco Santander Shares Up 38.5% Since SmarTrend's Buy Recommendation (SAN)

By Shiri Gupta

SmarTrend identified an Uptrend for Banco Santander (NYSE:SAN) on September 6th, 2016 at $4.60. In approximately 8 months, Banco Santander has returned 38.45% as of today's recent price of $6.37.

Banco Santander share prices have moved between a 52-week high of $7.72 and a 52-week low of $3.60 and are now trading 77% above that low price at $6.37 per share. Over the past week, 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