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Archive - 4/17/2025 - 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 the negative week for the Snap-On Inc. (SNA). During the week, the SNA dropped -30.76 points, or -9.15%, and closed at 305.44 on Thursday, April 17, 2025. Weekly volume was 140% above average.
Long-term trend: [See SNA long-term trend chart] A long-term uptrend had started on July 5, 2024 at 252.98 and reached 373.90 on November 27, 2024. SNA gained -120.92 points, or -47.80%, in 20 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (366.55) 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 November 27, 2024 at 373.90 and reached 300.80 on April 7, 2025. SNA lost 73.10 points, or 19.55%, in 18 weeks. The price is now at the 6.35% retracement level.
Weekly Technical Indicators: [See SNA weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since January 10, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See SNA short-term trend chart] A short-term downtrend had started on April 2, 2025 at 343.40 and reached 300.80 on April 7, 2025. SNA lost 42.60 points, or 12.41%, in 5 days. The price is now at the 10.89% retracement level.
Daily Technical Indicators: [See SNA daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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 has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. 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 crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. 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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