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Archive
- 6/5/2026 -
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Snap-On Inc. (SNA) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a third consecutive positive week for the Snap-On Inc. (SNA). During the week, the SNA gained 8.56 points, or 2.31%, and closed at 379.77 on Friday, June 5, 2026. It was the best weekly gain since April 10, 2026. Weekly volume was -27% below average.
 Long-term trend: [See SNA long-term trend chart]
A long-term uptrend had started on April 21, 2025 at 289.81 and reached 400.88 on April 23, 2026. SNA gained -111.07 points, or -38.33%, in 52 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 370.12 and resistance is at 409.65. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
 Medium-term trend: [See SNA medium-term trend chart]
A medium-term downtrend had started on April 23, 2026 at 400.88 and reached 355.52 on May 19, 2026. SNA lost 45.36 points, or 11.32%, in 3 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (339.84) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. SNA may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See SNA weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since March 20, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See SNA short-term trend chart]
A short-term uptrend had started on May 19, 2026 at 355.52 and reached 383.53 on June 5, 2026. SNA gained -28.01 points, or -7.88%, in 17 days. The price is now at the 13.42% retracement level.
 Daily Technical Indicators: [See SNA daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The daily MACD line is above its signal line since May 26, 2026. This is an indication that the short-term trend is up.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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