SNAIL INC - CLASS A (SNAL) Stock Technical Analysis
NASDAQ:SNAL - Nasdaq - US83301J1007 - Common Stock - Currency: USD
Overall SNAL gets a technical rating of 0 out of 10. SNAL's overall performance in the market is below average. Also 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.
When comparing the yearly performance of all stocks, SNAL is a bad performer in the overall market: 83% of all stocks are doing better.
SNAL is part of the Entertainment industry. There are 72 other stocks in this industry, of which 66% are performing better than SNAL.
SNAL is currently trading in the lower part of its 52 week range. The S&P500 Index however 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 0.85 - 1.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Considerably lower volume is observed in the last couple of days.
SNAL has a poor technical rating and the quality of the setup is also not perfect 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
0.70
1.19
2 important support areas can be observed.
- Support @0.76 from a trend line in the weekly time frame.
- Support @0.71 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @0.96 from a horizontal line in the daily time frame.
- Resistance @1.02 from a trend line in the daily time frame.
- Resistance @1.18 from a horizontal 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 | 17.5 | NEGATIVE | SNAL has a low relative strength, it was outperformed by 82.5% 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) | DOWN | NEGATIVE | The current price of SNAL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SNAL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.04 | NEUTRAL | The RSI value for SNAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SNAL has a negative trend. |
| Stochastics (14,3) | 22.39 | NEUTRAL | The Stochastics value for SNAL is a neutral value. |
| Average True Range in percent/ATR (20) | 8.25 | HIGH VOLATILITY | The high ATR as a percentage value for SNAL suggests high volalility. |
| Average Directional Index/ADX (14) | 13.88 | NEGATIVE | The low ADX value for SNAL suggests a weak or negative 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)
0.8901
-0.04 (-4.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-4.8%
1 Week-7.17%
2 Weeks-16.81%
1 Month-13.58%
3 Month-44.37%
6 Month-3.25%
12 Month2.66%
2 Year-46.05%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%8.25%
ATR Inc-28.98%
Range Today0.06
ADR(20)0.07
ADR(20)%7.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.5
Mansfield-3.12
10 Day High1.06
10 Day Low0.85
20 Day High1.2
20 Day Low0.85
52 Week High3.42
52 Week Low0.52
CS1 End0.76
CR1 Start0.96
Volume & EV
DER(3)-7.69%
DER(5)-7.76%
Volume11.50K
Volume Incr-50.68%
Vol(5)18.54K
Vol(50)47.95K