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

by Zacks, Benzinga Contributor

April 2, 2014 11:24 AM | 1 min read | Make a Comment

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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