SNAP Technical Signal Analysis
SNAP have 5 buy signals and 4 sell signals now. The current trend is uptrend starting from 2025-03-04. The total price change during this trend is -12.81%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of SNAP over last 5 trading day is $263,676,853.35
5 Bullish Signal
4 Bearish Signal
Name
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 < 30
26.35
Bullish
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
3
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-167.3
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
1.65
Bullish
Williams %R (14 days)
WILLR_14 < -80
-98.66
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-1.35
Bearish
Momentum (10 days)
MOM_10 < 0
-1.62
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-0.57
Bearish
Closing price
close < fibonacci_S1
8.37
Bearish
5 Bullish Signal
Name
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 < 30
26.35
Bullish
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
3
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-167.3
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
1.65
Bullish
Williams %R (14 days)
WILLR_14 < -80
-98.66
Bullish
SNAP Support and Resistance Level
The support levels for SNAP are at 8.59, 8.11, and 7.33, while the resistance levels are at 10.15, 10.63, and 11.41. With the current stock price at 8.37, it is leaning more toward the support levels.
SNAP Technical Analysis
Technical Analysis of SNAP Stock
Current Price and Key Levels:
- Current Price: $9.76
- Fibonacci Pivot: $9.93
- Fibonacci Support Levels: $9.42, $9.10
- Fibonacci Resistance Levels: $10.45, $10.76
Technical Indicators:
- RSI (14): 38.48 (Oversold territory, potential buy signal).
- MACD: -0.38 (Bearish momentum).
- Stochastic Oscillator: 20.15 (Oversold territory).
Price Action:
- Open: $9.52
- High: $9.84
- Low: $9.36
- Close: $9.72
Volume:
- Volume: 22,471,782 (Moderate trading activity).
Recommendation:
Buy SNAP stock at the current price of $9.76, with a target of $10.45 and a stop-loss at $9.30.
The stock is trading near oversold levels, with the RSI and Stochastic Oscillator suggesting a potential reversal. However, be cautious of the bearish MACD signal and ensure the stock holds above the $9.42 support level.
SNAP FAQs
Which bull technical signals does SNAP have?
Which bearish technical signals does SNAP have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for SNAP stock?
Is SNAP a buy based on overall technical signals summary?
SNAP Buy or Sell
SNAP has 5 buy signals and 4 sell signals now. Overall the technical rating for SNAP is Neutral.
Neutral
Sell
4
Buy
5
SNAP Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 8.37 below the SMA_5. In the short term, the stock shows a negative trend with the 8.98 below the SMA_20. In the mid term, the stock shows a positive trend with the 9.99 above the SMA_60. In the long term, the stock shows a negative trend with the 10.84 below the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Negative
SMA_60 Below SMA_200
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What do technical indicators suggest about SNAP's current trend?What are SNAP's key support and resistance levels?