Banco Santander Chile Surges Past Key Resistance Level
Shares Show Positive Movement Above 200-Day Moving Average
In trading on Tuesday, Banco Santander Chile (Symbol: BSAC) saw its shares rise above the critical 200-day moving average of $19.50, reaching a peak of $19.67 per share. Currently, BSAC shares are up approximately 3% for the day. The chart below displays the one-year performance of BSAC shares alongside its 200-day moving average:
According to the chart, BSAC has a 52-week low of $17.725 per share and a high of $21.43. The last trade was reported at $19.61, showing that it remains in a solid middle range.
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
