BME:SAN - Bolsa De Madrid - ES0113900J37 - Common Stock - Currency: EUR
Taking everything into account, SAN scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SAN is showing a nice and steady performance.
Besides having an excellent technical rating, SAN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.21, a Stop Loss order could be placed below this zone.
4.21
We found 7 important support areas.
When analyzing the resistance we notice one important area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
6.32 | 6.06 | 0.26 (4.11%) | 24.31% |
An entry @6.32. This is a Buy Stop order right above the resistance zone. | An exit @6.06. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.26 points, which is 4.11%. | When investing 24.31% of your capital in this trade, your total portfolio risk will be 1.00%. |
BME:SAN (3/7/2025, 5:36:15 PM)
6.223
-0.09 (-1.39%)