STRYVE FOODS INC-CLASS A (SNAX)

US8636852027 - Common Stock

1.48  -0.02 (-1.33%)

Technical Rating and Analysis

4

Overall SNAX gets a technical rating of 4 out of 10. In the past year, SNAX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

93% of all other stocks performed better in the past year than SNAX.
SNAX is part of the Food Products industry. There are 92 other stocks in this industry, of which 76% are performing better than SNAX.
SNAX 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 SNAX is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month SNAX has a been trading in the 1.13 - 1.53 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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
SNAX Weekly chart
SNAX Daily chart
Setup Rating and Analysis

7

SNAX has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.36, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SNAX in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

1.29

1.53

We found 2 important support areas.

  • A support zone ranging from 1.34 to 1.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 1.30 to 1.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 1.49 to 1.51. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS7.56
Mansfield-6.52
10 Day High1.53
10 Day Low1.25
20 Day High1.53
20 Day Low1.13
52 Week High12.75
52 Week Low1.04
Performance
1 Week12.78%
2 Weeks20%
1 Month29.31%
3 Month0%
6 Month-45.26%
12 Month-75.62%
2 Year-91.8%
3 YearN/A
5 YearN/A
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)0.02
RSI(14)60.91
LBB1.21
UBB1.53
SNAX Daily chart

STRYVE FOODS INC-CLASS A

NASDAQ:SNAX (5/2/2024, 1:56:12 PM)

1.48

-0.02 (-1.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-1.33%
1 Week12.78%
2 Weeks20%
1 Month29.31%
3 Month0%
6 Month-45.26%
12 Month-75.62%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.14
ATR(20)%8.4%
ATR Inc
Range Today0.08
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 High1.53
10 Day Low1.25
20 Day High1.53
20 Day Low1.13
52 Week High12.75
52 Week Low1.04
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.30K
Volume Incr-81.8%
Vol(5)14.14K
Vol(50)65.72K