SNAIL INC - CLASS A (SNAL) Technical Analysis
NASDAQ:SNAL • US83301J1007
Current stock price
SNAL Technical Rating and Analysis
Taking everything into account, SNAL scores 1 out of 10 in our technical rating. SNAL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 94% of all other stocks performed better in the past year than SNAL.
- SNAL is part of the Entertainment industry. There are 79 other stocks in this industry, of which 79% are performing better than SNAL.
- SNAL is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SNAL is lagging the market.
- In the last month SNAL has a been trading in the 0.58 - 0.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SNAL Weekly and Daily overview Charts
SNAL Setup Rating and Analysis
Although the technical rating is bad, SNAL does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
SNAL Support and Resistance Analysis
0.60
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.64 to 0.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.67 to 0.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
SNAL Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SNAL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SNAL is down. |
| ChartMill Relative Strength | 6.79 | NEGATIVE | SNAL has a low relative strength, it was outperformed by 93.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SNAL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SNAL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SNAL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.03 | NEUTRAL | The RSI value for SNAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SNAL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 9.96 | OVERSOLD | The low Stochastics value suggests SNAL may be oversold. |
| Average True Range in percent/ATR (20) | 7.07 | HIGH VOLATILITY | The high ATR as a percentage value for SNAL suggests high volalility. |
| Average Directional Index/ADX (14) | 18.36 | NEGATIVE | The low ADX value for SNAL suggests a weak or negative trend. |
SNAL Chart- and CandleStick Pattern Analysis
SNAL Technicals: Chart, Performance Metrics, Trend & Indicators
0.6103
-0.02 (-3.28%)
SNAIL INC - CLASS A / SNAL TA FAQ
What is the technical rating for SNAL stock?
ChartMill assigns a technical rating of 1 / 10 to SNAL.
What is the trend direction for SNAL stock?
The current trend direction for SNAIL INC - CLASS A (SNAL) is Bearish.
Can you provide the RSI signal for SNAIL INC - CLASS A?
SNAIL INC - CLASS A (SNAL) has an RSI value of 37.0338. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SNAIL INC - CLASS A?
The MACD indicator for SNAIL INC - CLASS A (SNAL) has a value of 0.00215926, indicating a bearish trend.
What are the support and resistance levels for SNAIL INC - CLASS A (SNAL) stock?
SNAIL INC - CLASS A (SNAL) has a resistance level at 0.64. Check the full technical report for our detailed analysis of SNAL support and resistance levels.