Technical Analysis for SNAP - Snap Inc.

Grade Last Price % Change Price Change
C 55.21 -3.87% -2.22
SNAP closed down 0.49 percent on Friday, March 5, 2021, on 1.31 times normal volume. It was able to find support at its 50 day moving average. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down
Historical SNAP trend table...

Date Alert Name Type % Chg
50 DMA Support Bullish -1.56%
Hammer Candlestick Bullish -1.56%
Lizard Bullish Bullish Day Trade Setup -1.56%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -1.56%
Doji - Bullish? Reversal -1.56%
Stochastic Reached Oversold Weakness -1.56%
Down 3 Days in a Row Weakness -1.56%
Down 4 Days in a Row Weakness -1.56%
Lower Bollinger Band Touch Weakness -1.56%
Oversold Stochastic Weakness -1.56%
Older End-of-Day Signals for SNAP ...

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Alert Time
1.5x Volume Pace about 1 hour ago
Non-ADX 1,2,3,4 Pullback Entry about 1 hour ago
Lizard Bullish Entry about 1 hour ago
Hammer Candlestick Entry about 1 hour ago
Rose Above Previous Day's High about 1 hour ago
View Earlier Intraday Alerts

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Profile

Snap Inc. Description

Snap Inc. is a camera company. The Company’s flagship product, Snapchat, is a camera application that helps people to communicate through short videos and images known as a Snap. The Company provides Camera, Friends Page, Discover, Snap Map, Memories and Spectacles. Snapchat opens directly into the Camera, helping in creating a Snap and sending it to friends. It offers a range of creative tools that enables people to personalize and add content to their Snaps. Its chat services includes creating and watching stories, chatting with groups, making voice and video calls, and communicating through a range of stickers and Bitmojis. Memories enable users to create Snaps and stories from their saved snaps, as well as their camera roll. It also offers Spectacles, its sunglasses that make Snap. The Company’s advertising products include Snap Ads and Sponsored Creative Tools, such as Sponsored Lenses and Sponsored Geofilters.


Classification

Sector: Technology
Industry: Internet Content & Information
Keywords: Software Camera Social Media Lenses Advertising Products Chat Services Snap Inc.

Is SNAP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 73.59
52 Week Low 7.89
Average Volume 21,577,886
200-Day Moving Average 36.20
50-Day Moving Average 56.93
20-Day Moving Average 63.48
10-Day Moving Average 63.86
Average True Range 4.74
ADX 23.73
+DI 14.64
-DI 33.04
Chandelier Exit (Long, 3 ATRs ) 59.38
Chandelier Exit (Short, 3 ATRs ) 65.61
Upper Bollinger Band 69.69
Lower Bollinger Band 57.26
Percent B (%b) 0.01
BandWidth 19.58
MACD Line 1.12
MACD Signal Line 2.42
MACD Histogram -1.302
Fundamentals Value
Market Cap 70.91 Billion
Num Shares 1.23 Billion
EPS -0.81
Price-to-Earnings (P/E) Ratio -70.81
Price-to-Sales 31.95
Price-to-Book 32.49
PEG Ratio -0.31
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 67.29
Resistance 3 (R3) 66.37 62.17 65.64
Resistance 2 (R2) 62.17 59.66 62.63 65.09
Resistance 1 (R1) 59.80 58.11 57.70 60.72 64.55
Pivot Point 55.60 55.60 54.55 56.06 55.60
Support 1 (S1) 53.23 53.09 51.13 54.15 50.31
Support 2 (S2) 49.03 51.54 49.49 49.77
Support 3 (S3) 46.66 49.03 49.22
Support 4 (S4) 47.58