SNAIL INC - CLASS A (SNAL) Stock Technical Analysis
NASDAQ:SNAL - Nasdaq - US83301J1007 - Common Stock - Currency: USD
Overall SNAL gets a technical rating of 4 out of 10. Although SNAL is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
SNAL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SNAL has a been trading in the 0.88 - 2.15 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that SNAL is one of the better performing stocks in the market, outperforming 80% of all stocks.
SNAL is one of the better performing stocks in the Entertainment industry, it outperforms 73% of 73 stocks in the same industry.
Volume is considerably higher in the last couple of days.
SNAL has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.76
1.53
When analyzing the support we can see 3 important areas.
- Support @0.99 from a horizontal line in the daily time frame.
- Support @0.88 from a horizontal line in the daily time frame.
- Support @0.77 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.27 to 1.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.51 from a trend line in the daily time frame.
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 | 80.84 | POSITIVE | SNAL has a high relative strength, it outperformed 80.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SNAL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SNAL is below the rising 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) | 34.81 | NEUTRAL | The RSI value for SNAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SNAL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.59 | OVERSOLD | The low Stochastics value suggests SNAL may be oversold. |
| Average True Range in percent/ATR (20) | 16.03 | HIGH VOLATILITY | The high ATR as a percentage value for SNAL suggests high volalility. |
| Average Directional Index/ADX (14) | 31.3 | POSITIVE | The high ADX value value for SNAL suggests a strong trend. |
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)
1.0189
+0.02 (+2.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg2.41%
1 Week-5.66%
2 Weeks-26.17%
1 Month-33.84%
3 Month-0.11%
6 Month-58.92%
12 Month43.51%
2 Year-13.65%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%16.03%
ATR Inc37.65%
Range Today0.08
ADR(20)0.15
ADR(20)%15.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.84
Mansfield-2.99
10 Day High1.39
10 Day Low0.88
20 Day High2.15
20 Day Low0.88
52 Week High3.42
52 Week Low0.64
CS1 End0.99
CR1 Start1.27
Volume & EV
DER(3)-1.53%
DER(5)1.16%
Volume100.80K
Volume Incr99.02%
Vol(5)479.14K
Vol(50)179.67K