Banco Santander (SAN) Enters Overbought Territory – Tale of the Tape

Zacks

Although Banco Santander, S.A. (SAN) is up over 6.9% in the past four weeks, investors may be concerned. After all, SAN is now in overbought territory, at least when looking at its RSI value of 72.9. If that wasn’t enough, investors should also note that Banco Santander possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in SAN shares before too long.

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