SNAP ONE HOLDINGS CORP (SNPO) Stock Technical Analysis
NASDAQ:SNPO - US83303Y1055 - Common Stock
10.75 USD
+0.01 (+0.09%)
10.7406 USD
-0.01 (-0.09%)
Overall SNPO gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SNPO is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
SNPO is one of the better performing stocks in the Household Durables industry, it outperforms 93% of 63 stocks in the same industry.
SNPO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SNPO is lagging the market slightly.
Looking at the yearly performance, SNPO did better than 93% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month SNPO has a been trading in a tight range between 10.58 and 10.76.
Considerably lower volume is observed in the last couple of days.
SNPO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.74, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
7.01
12.04
We found 3 important support areas.
- A support zone ranging from 10.42 to 10.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.25 to 7.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.08 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 10.76 to 10.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.92 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for SNPO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SNPO is up. |
| ChartMill Relative Strength | 93.5 | POSITIVE | SNPO has a high relative strength, it outperformed 93.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SNPO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SNPO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNPO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.83 | NEUTRAL | The RSI value for SNPO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SNPO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 86.57 | OVERBOUGHT | The high Stochastics value suggests SNPO may be overbought. |
| Average True Range in percent/ATR (20) | 0.3 | LOW VOLATILITY | The low ATR as a percentage value for SNPO suggests low volalility. |
| Average Directional Index/ADX (14) | 37.59 | POSITIVE | The high ADX value value for SNPO suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.77 | 10.71 | 0.06 (0.56%) | 25.00% |
| An entry @10.77. This is a Buy Stop order right above the resistance zone. | An exit @10.71. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.06 points, which is 0.56%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.14%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
10.75
+0.01 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.09%
1 Week0.19%
2 Weeks0.28%
1 Month1.22%
3 Month49.93%
6 Month21.61%
12 Month22.58%
2 Year17.23%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.3%
ATR Inc-57.58%
Range Today0.02
ADR(20)0.03
ADR(20)%0.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.5
Mansfield0.22
10 Day High10.76
10 Day Low10.72
20 Day High10.76
20 Day Low10.58
52 Week High12.06
52 Week Low6.7
CS1 End10.74
CR1 Start10.76
Volume & EV
DER(3)1.18%
DER(5)-1.01%
Volume911.00K
Volume Incr-48.36%
Vol(5)377.10K
Vol(50)594.38K