STRYVE FOODS INC-CLASS A (SNAX) Technical Analysis
NASDAQ:SNAX • US8636852027
Current stock price
SNAX Technical Rating and Analysis
Taking everything into account, SNAX scores 0 out of 10 in our technical rating. SNAX'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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, SNAX is a bad performer in the overall market: 96% of all stocks are doing better.
- SNAX is one of the lesser performing stocks in the Food Products industry. 88% of 87 stocks in the same industry do better.
- SNAX is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SNAX is lagging the market.
- In the last month SNAX has a been trading in the 0.46 - 0.80 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
SNAX Weekly and Daily overview Charts
SNAX Setup Rating and Analysis
The technical rating of SNAX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SNAX Support and Resistance Analysis
SNAX Technical Indicator Signal Analysis
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 SNAX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SNAX is neutral. |
| ChartMill Relative Strength | 4.05 | NEGATIVE | SNAX has a low relative strength, it was outperformed by 95.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SNAX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SNAX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SNAX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.59 | OVERSOLD | The low RSI value suggests SNAX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SNAX has a negative trend. |
| Stochastics (14,3) | 41.14 | NEUTRAL | The Stochastics value for SNAX is a neutral value. |
| Average True Range in percent/ATR (20) | 10.56 | HIGH VOLATILITY | The high ATR as a percentage value for SNAX suggests high volalility. |
| Average Directional Index/ADX (14) | 13.62 | NEGATIVE | The low ADX value for SNAX suggests a weak or negative trend. |
SNAX Chart- and CandleStick Pattern Analysis
SNAX Technicals: Chart, Performance Metrics, Trend & Indicators
0.5601
-0.19 (-25.12%)
STRYVE FOODS INC-CLASS A / SNAX TA FAQ
Can you provide the ChartMill technical rating for STRYVE FOODS INC-CLASS A?
ChartMill assigns a technical rating of 0 / 10 to SNAX.
Can you provide the trend direction for STRYVE FOODS INC-CLASS A?
The current trend direction for STRYVE FOODS INC-CLASS A (SNAX) is Bearish.
What is the RSI signal for STRYVE FOODS INC-CLASS A (SNAX) stock?
STRYVE FOODS INC-CLASS A (SNAX) has an RSI value of 28.5888. This indicates that the stock is currently oversold.
What is the short term momentum for SNAX stock?
The short term momentum for STRYVE FOODS INC-CLASS A (SNAX) is neutral.