Stock Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
Snap, Inc (NYSE:SNAP)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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 DOWN since May 2nd, 2018 at 13.3200
The intermediate term trend has been DOWN since Jul 26th, 2018 at 12.8500
The short term trend has been UP since Dec 12th, 2018 at 5.9093
Smart Scan Analysis for SNAP
Based on a pre-defined weighted trend formula for chart analysis, SNAP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||21.22||Year High Date||2018-02-07|
|Year Low||5.77||Year Low Date||2018-10-26|
|52wk High||21.22||52wk High Date||2018-02-07|
|52wk Low||5.77||52wk Low Date||2018-10-26|