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Santander Consum Shares Down 6.1% Since SmarTrend's Sell Call (SC)

By David Diaz

SmarTrend identified a Downtrend for Santander Consum (NYSE:SC) on October 9th, 2019 at $24.59. In approximately 2 months, Santander Consum has returned 6.06% as of today's recent price of $23.09.

In the past 52 weeks, Santander Consum share prices have been bracketed by a low of $16.10 and a high of $27.75 and are now at $23.09, 43% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 0.7%.

Santander Consumer USA Holdings Inc. provides automotive loans. The Company offers new and used car loans, automobile refinance, and cash back refinance services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Santander Consum.

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

Keywords: spotlights santander consum

Ticker(s): SC