Stock Trend Analysis Report
Prepared for you on Tuesday, November 29, 2022.
Snap Inc. Class A (NYSE:SNAP)
Bear Market Rally (-75) - SNAP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SNAP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SNAP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SNAP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SNAP
The long-term trend has been DOWN since Oct 22nd, 2021 at 57.480
The intermediate-term trend has been UP since Nov 11th, 2022 at 11.395
The short-term trend has been DOWN since Nov 17th, 2022 at 11.000
Smart Scan Analysis for SNAP
Based on our trend formula, SNAP is rated as a -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||54.89||52wk High Date||2021-12-09|
|52wk Low||7.33||52wk Low Date||2022-10-21|
|Average Volume||36,414,609||Shares Outstanding||1,624,297|