[May 23, 2012] Banco Santander Has Returned 25.6% Since SmarTrend Recommendation (STD) Tweet May 23, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Banco Santander (NYSE:STD) on March 28th, 2012 at $7.69. In approximately 2 months, Banco Santander has returned 25.55% as of today's recent price of $5.73. In the past 52 weeks, Banco Santander share prices have been bracketed by a low of $5.52 and a high of $11.92 and are now at $5.72, 4% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 2%. Banco Santander SA attracts deposits and offers retail, commercial and private banking, and asset management services. The Bank offers consumer credit, mortgage loans, lease financing, factoring, mutual funds, pension funds, insurance, commercial credit, investment banking services, structured finance, and advice on mergers and acquisitions. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Banco Santander. Log in and add Banco Santander (STD) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]