SNAP INC - A (SNAP)

US83304A1060 - Common Stock

11.45  +0.14 (+1.24%)

Premarket: 11.45 0 (0%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to SNAP. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SNAP is a bad performer in the overall market: 82% of all stocks are doing better.
SNAP has an average volume of 32907800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SNAP is part of the Interactive Media & Services industry. There are 67 other stocks in this industry, SNAP did better than 45% of them.
SNAP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SNAP is lagging the market.
In the last month SNAP has a been trading in the 10.70 - 12.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SNAP Weekly chart
SNAP Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, SNAP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 11.41, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

8.39

17.40

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 11.22 to 11.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 10.71 to 10.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @9.02 from a trend line in the weekly time frame.
  • Support @8.47 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 12.40 to 12.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 17.05 to 17.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.13
Mansfield-1.39
10 Day High11.89
10 Day Low10.78
20 Day High12.65
20 Day Low10.7
52 Week High17.9
52 Week Low7.86
Performance
1 Week2.23%
2 Weeks-3.78%
1 Month4.09%
3 Month-32.37%
6 Month28.51%
12 Month2.14%
2 Year-68.19%
3 Year-78.1%
5 Year3.9%
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)46.18
LBB10.71
UBB12.2
SNAP Daily chart

SNAP INC - A

NYSE:SNAP (3/27/2024, 8:04:00 PM)

Premarket: 11.45 0 (0%)

11.45

+0.14 (+1.24%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg1.24%
1 Week2.23%
2 Weeks-3.78%
1 Month4.09%
3 Month-32.37%
6 Month28.51%
12 Month2.14%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.46
ATR(20)%4.3%
ATR Inc
Range Today0.22
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.89
10 Day Low10.78
20 Day High12.65
20 Day Low10.7
52 Week High17.9
52 Week Low7.86
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume13.36M
Volume Incr-25.48%
Vol(5)20.45M
Vol(50)32.91M