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Banco Santander, S.A. (SAN) Corporate Logo

Banco Santander, S.A. (SAN) Stock Price & Analysis

Market: NYSE • Sector: Financial Services • Industry: Banks - Diversified

Banco Santander, S.A. (SAN) Profile & Business Summary

Banco Santander, S.A. provides various retail and commercial banking products and services to individuals, small and medium-sized enterprises, and large companies worldwide. It offers demand and time deposits, and current and savings accounts; mortgages, consumer finance, syndicated corporate loans, structured financing, cash management, export and agency finance, trade and working capital solutions, and corporate finance; and insurance products. The company also provides cash, asset, and wealth management; and private banking services. In addition, it is involved in the corporate banking; treasury, risk hedging, foreign trade, confirming, custody, and investment banking activities. The company operates through a network of 9,879 branches. The company was formerly known as Banco Santander Central Hispano S.A. and changed its name to Banco Santander, S.A. in June 2007. Banco Santander, S.A. was founded in 1856 and is headquartered in Madrid, Spain.

Key Information

Ticker SAN
Leadership Hector Blas Grisi Checa
Exchange NYSE
Official Site https://www.santander.com
CIK Number 0000891478
View SEC Filings

Market Trend Overview for SAN

One model, two time views: what the market looks like right now, and where the larger trend is heading over time.

Current Market Context (Short-Term)

As of 2026-02-06 (ET), SAN is moving sideways. Price at 12.71 is moving between support near 11.90 and resistance near 13.05. There is no clear direction right now. View Support & Resistance from Options

Why the market looks this way?

Prices have moved back and forth over recent sessions without making steady progress. Trend signals have changed frequently, which suggests the market is stuck in a range. In this environment, chasing moves in either direction is less reliable.

Longer-Term Market Trend (Mid to Long Term)

Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-02-06 (ET)

As of 2026-02-06, SAN is moving sideways without a clear direction. Over the longer term, the trend remains bullish.

SAN last closed at 12.71. The price is about 2.2 ATR above its recent average price (12.33), and the market is currently in a sideways market without a clear direction.

The market is moving sideways, with no clear direction. Both upside and downside risks remain in play.

Trend Alignment Summary

Trend score: 35 out of 100. Overall alignment is unclear. The market is currently in a sideways market without a clear direction. The longer-term trend is still positive, but short-term signals are not yet confirming it.

Pullback Risk

Price is far from its recent average (about 2.2 ATR away). Chasing the move at this level carries a higher risk of a pullback.

Key Risk Level

A key downside level is near 11.51. If price falls below this area, the current upward trend would likely weaken or break.

Recent Trend Signal

A systematic trend-activation signal was most recently triggered on 2025-12-02, reflecting a technical shift toward positive directional alignment.

Unusual Price Movement

[2026-02-05] Trading activity was heavy, but price made little progress.

Recent Price Behavior

Recent bars show repeated high-effort moves with limited net progress, indicating active absorption. This suggests growing structural resistance and reduced efficiency in the current direction.

Overnight Positioning

Closing activity showed limited conviction and did not suggest strong overnight positioning.

Short Interest & Covering Risk for SAN

This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.

Squeeze Score 0.75

Shows how likely a short squeeze may be under current market conditions.

Key Market Risk Indicators
Short Crowding (Short Interest / Float) 0.03%
Short Positions Trend Increasing
Liquidity Trend (Average Daily Volume) 0.00%
20-Day Return 6.54%
Price vs 20-Day High Trading Near Highs

Short Exposure Percentile

Short interest is within its typical range, with no clear imbalance between buyers and sellers. (Historical percentile: 50%)

Structure Analysis

SAN Short positioning looks normal. Current days to cover is 1.0 trading days, meaning short positions could unwind at a normal pace. Short covering is likely to have a normal impact on price moves.

Bull Trap Structural Risk

Risk Summary

No clear bull trap characteristics detected. Recent price behavior remains broadly consistent with current positioning.This reading helps confirm that current price action remains structurally healthy and does not indicate elevated trap risk.

Why Price Reactions May Be Stronger?

In the latest reporting period, short interest continues to increase. Price is consolidating near highs with a weak upward bias, appearing strong on the surface but structurally more fragile. As a result, similar news or market events could lead to price moves about 1× larger than usual.

Note: Short interest data is reported every two weeks by FINRA. The most recent snapshot is 2026-01-15 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.

Analytical Modules