Stock Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
Snap Inc. Class A (NYSE:SNAP)
Long-Term Downtrend (-90) - SNAP is in a strong downtrend that is likely to continue. While SNAP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 57.48
The intermediate-term trend has been DOWN since Oct 22nd, 2021 at 69.97
The short-term trend has been DOWN since Nov 30th, 2021 at 48.48
Smart Scan Analysis for SNAP
Based on our trend formula, SNAP is rated as a -90 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||83.34||52wk High Date||2021-09-24|
|52wk Low||45.46||52wk Low Date||2021-12-03|
|Average Volume||18,267,878||Shares Outstanding||1,523,491|