SAN technical analysis
SAN Technical Analysis
Analysis date
July 15, 2026
Market
NYSE (USD)
Daily cutoff
July 14, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
SAN Data Verification
Cross-validating the latest completed daily bar across independent sources.
- Symbol
- SAN
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- July 14, 2026
No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.
| Source | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Yahoo Finance Chart API (primary) | 6.54 | July 14, 2026 | - | Verified |
| Finviz (independent) | 6.54 | July 14, 2026 (previous close) | 0.00% | Verified |
Bottom line
SAN Technical Analysis Summary
SAN (Banco Santander) displays a moderately bullish technical setup with price trading in the upper half of its 52-week range. On the daily chart, price at 6.54 is above SMA20 (6.25) and SMA50 (6.05) but just below SMA200 (6.58), indicating short-to-medium-term momentum is positive while the long-term trend remains neutral. RSI14 at 63.45 on the daily chart suggests bullish momentum with room to run before reaching overbought levels. The daily MACD shows the MACD line at 0.08 above the signal line at 0.04 with a positive histogram of 0.04 — a modestly bullish configuration. The weekly timeframe shows price above SMA20 (5.95) and SMA50 (5.62) but below SMA200 (6.10), with RSI at 60.22 reflecting a neutral-to-bullish stance. Key resistance lies at SMA200 (6.58) and the 52-week high (7.04). Support rests at SMA20 (6.25), SMA50 (6.05), and the 20-day low (5.98). A sustained move above SMA200 and the 52-week high would confirm a long-term trend shift.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (July 14, 2026)
- Trend
- Moderately bullish in the short term, neutral long term. Price at 6.54 is above SMA20 (6.25, +4.64%) and SMA50 (6.05, +8.10%) but slightly below SMA200 (6.58, -0.61%). SMA20 and SMA50 are sloping upward, while SMA200 is flattening after a prolonged decline, suggesting the long-term trend may be transitioning. The stock has been forming a series of higher lows since the April 2026 lows.
- Momentum
- Bullish with moderate conviction. RSI14 at 63.45 is above the 50 midline, indicating bullish momentum without overbought risk. MACD line at 0.08 is above the signal line at 0.04, producing a positive histogram of 0.04. The MACD configuration is bullish but the narrow spread between the lines suggests momentum is building gradually rather than surging.
- Volatility
- Low to moderate. ATR14 at 0.14 (2.14% of price) indicates contained daily swings consistent with a large-cap international bank. Bollinger Bands (5.85 to 6.60) show price near the upper band, reflecting the recent mild uptrend. Band width is moderate, indicating normal volatility conditions for this stock.
- Volume
- Near average. Latest volume of 4,215,800 is 94.3% of the 20-period average (4,470,000), indicating typical participation levels. Volume patterns show no abnormal spikes or distribution signals.
Assessment
The daily chart presents a cautiously constructive picture. SAN has been grinding higher from its April lows, reclaiming SMA20 and SMA50 in the process. The stock is approaching SMA200 (6.58), a key technical level that has capped upside since the March 2024 highs. A clean break above SMA200 with volume would be a meaningful bullish development. RSI at 63 leaves room for further upside, and the MACD is in a modestly bullish configuration. The 52-week position at 57.8% places the stock in the upper half of its annual range, reflecting the improvement since the April lows.
Weekly (July 6, 2026 week)
- Trend
- Neutral with improving bias. Price at 6.42 is above SMA20 (5.95) and SMA50 (5.62) but below SMA200 (6.10). SMA20 is sloping upward above SMA50, a bullish alignment in the intermediate term. SMA200 remains flat, indicating the structural trend has not yet turned definitively bullish.
- Momentum
- Neutral-to-bullish. RSI14 at 60.22 is above the 50 midline, reflecting improving momentum at the weekly level. MACD line at 0.06 is slightly above the signal line at 0.04, with a positive histogram of 0.02. The weekly MACD has been in a modestly bullish configuration since the April crossover, though the signals are not yet emphatic.
- Volatility
- Low. ATR14 at 0.21 (3.27% of price) reflects modest weekly ranges for a large-cap bank stock. Bollinger Bands (5.21 to 6.84) show price trading in the upper half of the band range, consistent with the improving trend.
- Volume
- Below average. Weekly volume has been trending lower over recent weeks, which is typical during consolidation phases. The lack of heavy volume on up weeks is a modest concern for the sustainability of the rally.
Assessment
The weekly chart shows a stock in transition. SAN has recovered from the October 2023 lows and the April 2026 retest, establishing a potential higher low. The recovery above SMA20 and SMA50 is a positive development, but SMA200 (6.10) and the 52-week high (7.04) represent significant resistance. The weekly RSI at 60 is constructive without being overbought, and the MACD is modestly bullish. A sustained move above SMA200 on the weekly chart would be needed to confirm that the longer-term trend has shifted from neutral to bullish.
Key indicators
SAN Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 63.45 | 60.22 |
| MACD (12, 26, 9) | 0.08 / 0.04 / 0.04 | 0.06 / 0.04 / 0.02 |
| ATR (14) | 0.14 (2.14%) | 0.21 (3.27%) |
| Bollinger Bands (20, 2) | 5.85 - 6.60 | 5.21 - 6.84 |
| SMA (20) | 6.25 | 5.95 |
| SMA (50) | 6.05 | 5.62 |
| SMA (200) | 6.58 | 6.10 |
Price structure
SAN Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 6.54 | 6.42 |
| 1-Period Return | +0.77% | +1.10% |
| 5-Period Return | +2.83% | +3.55% |
| 20-Period Return | +5.65% | +7.72% |
| 60-Period Return | +8.28% | +10.31% |
| 252-Period Return | +22.02% | +18.01% |
| 52-Week Low | 5.13 | 5.13 |
| 52-Week High | 7.04 | 7.04 |
| 52-Week Position | 57.80% | 54.71% |
Key levels
SAN Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 6.70 | 6.84 |
| 20-Period Low | 5.98 | 5.72 |
| 60-Period High | 7.04 | 7.04 |
| 60-Period Low | 5.13 | 5.13 |
Scenarios
SAN Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks above SMA200 (6.58) on the daily chart and the 52-week high at 7.04 with above-average volume, establishing a confirmed uptrend.
Invalidation
Price falls back below SMA20 (6.25) and breaks the 20-day low at 5.98.
What to watch
Daily RSI holding above 55; MACD histogram continuing to expand; weekly RSI sustaining above 55; volume confirming breakouts.
Range-Bound
Trigger
Price oscillates between SMA20 support (6.25) and SMA200 resistance (6.58), consolidating within a narrowing range.
Invalidation
A decisive break above 6.58 or below 5.98 with increasing volume.
What to watch
RSI staying between 45 and 60; MACD histogram fluctuating around zero; volume declining during consolidation; Bollinger Bands contracting.
Bearish
Trigger
Price fails to sustain above SMA50 (6.05) and breaks below the 20-day low at 5.98, resuming the longer-term sideways-to-down trend.
Invalidation
Price reclaims and holds above SMA20 (6.25) with improving volume.
What to watch
Daily RSI falling below 50; MACD histogram turning negative; volume increasing on down days; weekly MACD crossing back below the signal line.
Methodology
Methodology and Limitations
This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 14, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 6, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 14, 2026, weekly July 6, 2026 week. Generated July 15, 2026.
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