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Archive - 10/16/2026 - Sign In to see current Signals. |
Snap-On Inc. (SNA) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week after 9 consecutive negative weeks for the Snap-On Inc. (SNA). During the week, the SNA gained 6.88 points, or 1.91%, and closed at 367.25 on Friday, October 16, 2026. It was the best weekly gain since July 17, 2026. Weekly volume was -19% below average.
Long-term trend: [See SNA long-term trend chart] A long-term uptrend had started on April 21, 2025 at 289.81 and reached 423.02 on August 6, 2026. SNA gained -133.21 points, or -45.96%, in 67 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (388.19) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See SNA medium-term trend chart] A medium-term downtrend had started on August 6, 2026 at 423.02 and reached 355.36 on October 8, 2026. SNA lost 67.66 points, or 15.99%, in 9 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (349.85) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See SNA weekly technical indicators chart] Weekly Williams' Percentage Range is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Williams' Percentage Range or strongly oversold weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since August 21, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
Short-term trend: [See SNA short-term trend chart] A short-term uptrend had started on October 8, 2026 at 355.36 and reached 371.20 on October 16, 2026. SNA gained -15.84 points, or -4.46%, in 8 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See SNA daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since September 24, 2026. This is an indication that the short-term trend is up. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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