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Archive
- 4/10/2026 -
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Snap-On Inc. (SNA) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a third positive week after 4 consecutive negative weeks for the Snap-On Inc. (SNA). During the week, the SNA gained 14.14 points, or 3.87%, and closed at 379.72 on Friday, April 10, 2026. It was the best weekly gain since February 13, 2026. Weekly volume was -16% 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 390.13 on February 12, 2026. SNA gained -100.32 points, or -34.62%, in 42 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 341.28 and resistance is at 399.38. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See SNA medium-term trend chart]
A medium-term downtrend had started on February 12, 2026 at 390.13 and reached 354.97 on March 20, 2026. SNA lost 35.16 points, or 9.01%, in 5 weeks. The price is now at the 70.39% retracement level.
 Weekly Technical Indicators: [See SNA weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. 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 link to access Williams' Percentage Range help.
The weekly MACD line is below its signal line since March 20, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 March 20, 2026 at 354.97 and reached 386.88 on April 10, 2026. SNA gained -31.91 points, or -8.99%, in 21 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 Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Use the following link to access Lane's Stochastic help.
The daily MACD line is above its signal line since March 31, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
During the last week, the price has moved above 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.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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