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TMCNet:  Banco Santander Chile Up 30.6% Since SmarTrend Uptrend Call (SAN)

[January 24, 2013]

Banco Santander Chile Up 30.6% Since SmarTrend Uptrend Call (SAN)

Jan 24, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Banco Santander Chile (NYSE:SAN) on August 7th, 2012 at $6.57. In approximately 6 months, Banco Santander Chile has returned 30.59% as of today's recent price of $8.58.


In the past 52 weeks, shares of Banco Santander Chile have traded between a low of $4.88 and a high of $88.22 and are now at $8.62, which is 77% above that low price. The 200-day and 50-day moving averages have moved 2.8% lower and 0.78% higher over the past week, respectively.

Banco Santander Chile attracts deposits and offers retail and commercial banking services in Chile. The Bank offers personal and corporate loans, credit cards, mutual funds, lease financing, securities brokerage services, and business consulting.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Banco Santander Chile shares.Log in and add Banco Santander Chile (SAN) 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 cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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

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