SNAP INC - A (SNAP) Stock Technical Analysis
NYSE:SNAP - New York Stock Exchange, Inc. - US83304A1060 - Common Stock - Currency: USD
Overall SNAP gets a technical rating of 0 out of 10. SNAP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
85% of all other stocks performed better in the past year than SNAP.
SNAP is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
SNAP has an average volume of 29609600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SNAP is an average performer in the Interactive Media & Services industry, it outperforms 40% of 70 stocks in the same industry.
In the last month SNAP has a been trading in the 7.08 - 9.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SNAP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 7.97, a Stop Loss order could be placed below this zone.
More info and screens
7.52
17.22
We found 2 important support areas.
- A support zone ranging from 7.80 to 7.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.60 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- Resistance @9.64 from a horizontal line in the daily time frame.
- Resistance @10.25 from a trend line in the weekly time frame.
- A resistance zone ranging from 12.53 to 12.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.91 from a trend line in the weekly time frame.
- Resistance @17.05 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.34
Mansfield-2.49
10 Day High8.68
10 Day Low7.5
20 Day High9.21
20 Day Low7.08
52 Week High17.33
52 Week Low7.08
Performance
1 Week8.38%
2 Weeks9.07%
1 Month-6.87%
3 Month-21.58%
6 Month-18.28%
12 Month-41.31%
2 Year-1.95%
3 Year-69.99%
5 Year-51.5%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.11
RSI(14)51.54
LBB7.19
UBB8.71
8.54
+0.21 (+2.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg2.52%
1 Week8.38%
2 Weeks9.07%
1 Month-6.87%
3 Month-21.58%
6 Month-18.28%
12 Month-41.31%
2 Year-1.95%
3 Year-69.99%
5 Year-51.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%7.11%
ATR Inc-40.44%
Range Today0.28
ADR(20)0.56
ADR(20)%6.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.34
Mansfield-2.49
10 Day High8.68
10 Day Low7.5
20 Day High9.21
20 Day Low7.08
52 Week High17.33
52 Week Low7.08
CS1 End7.97
CR1 Start9.64
Volume & EV
DER(3)1.61%
DER(5)2.1%
Volume32.82M
Volume Incr-9.65%
Vol(5)31.01M
Vol(50)29.61M