Stock Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
SNAP INC (NYSE:SNAP)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SNAP
The long term trend has been UP since Feb 7th, 2018 at 16.45
The intermediate term trend has been DOWN since Mar 19th, 2018 at 16.32
The short term trend has been DOWN since Mar 8th, 2018 at 17.58
Smart Scan Analysis for SNAP
Based on a pre-defined weighted trend formula for chart analysis, SNAP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||21.22||Year High Date||2018-02-07|
|Year Low||13.15||Year Low Date||2018-01-30|
|52wk High||24.4||52wk High Date||2017-03-27|
|52wk Low||11.28||52wk Low Date||2017-08-14|