The market has been high on Banco Santander SA (SAN) stock recently. SAN gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With SAN Stock Today?
Banco Santander SA (SAN) stock has risen 3.61% while the S&P 500 is lower by -0.16% as of 9:54 AM on Monday, Apr 19. SAN is higher by $0.13 from the previous closing price of $3.46 on volume of 1,038,453 shares. Over the past year the S&P 500 is higher by 48.02% while SAN is higher by 81.31%. SAN lost -$0.61 per share in the over the last 12 months.
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More About Banco Santander SA
Santander's focus is on retail and commercial banking. Latin America is geographically the largest operation, with Brazil by far the largest. Its continental European business is still mainly Iberian. Santander's U.K. presence is the result of the acquisition of building society Abbey. In the U.S., Santander operates a vehicle finance business and a Boston-based savings and loan association.
Click Here to get the full Stock Score Report on Banco Santander SA (SAN) Stock.
