SNAP INC - A (SNAP)

US83304A1060 - Common Stock

17.14  +0.3 (+1.78%)

Premarket: 16.55 -0.59 (-3.44%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to SNAP. Both in the recent history as in the last year, SNAP has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SNAP is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by SNAP over the past year are nicely spread over this period.
SNAP is part of the Interactive Media & Services industry. There are 68 other stocks in this industry. SNAP outperforms 95% of them.
SNAP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SNAP has a been trading in the 10.08 - 17.29 range, which is quite wide. It is currently trading near the high of this range.
SNAP has an average volume of 30296700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
SNAP Weekly chart
SNAP Daily chart
Setup Rating and Analysis

3

Although SNAP has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

8.39

17.62

When analyzing the support we can see 5 important areas.

  • Support @11.18 from a trend line in the weekly time frame.
  • Support @10.80 from a horizontal line in the weekly time frame.
  • Support @10.57 from a trend line in the daily time frame.
  • Support @9.12 from a trend line in the weekly time frame.
  • Support @8.47 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • Resistance @17.15 from a horizontal line in the weekly time frame.
  • Resistance @17.45 from a horizontal line in the daily time frame.
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
CRS96.77
Mansfield2.84
10 Day High17.29
10 Day Low10.54
20 Day High17.29
20 Day Low10.08
52 Week High17.9
52 Week Low8.28
Performance
1 Week13.89%
2 Weeks50.48%
1 Month52.63%
3 Month54.28%
6 Month51.41%
12 Month100.47%
2 Year21.47%
3 Year-72.41%
5 Year44.15%
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)0.57
RSI(14)81.93
LBB9.18
UBB18.57
SNAP Daily chart

SNAP INC - A

NYSE:SNAP (5/7/2024, 9:26:10 PM)

Premarket: 16.55 -0.59 (-3.44%)

17.14

+0.3 (+1.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg1.78%
1 Week13.89%
2 Weeks50.48%
1 Month52.63%
3 Month54.28%
6 Month51.41%
12 Month100.47%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.98
ATR(20)%5.02%
ATR Inc
Range Today0.55
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 High17.29
10 Day Low10.54
20 Day High17.29
20 Day Low10.08
52 Week High17.9
52 Week Low8.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume24.97M
Volume Incr-16.56%
Vol(5)31.42M
Vol(50)30.30M