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Archive - 4/17/2026 - Sign In to see current Signals. |
Snap-On Inc. (SNA) Technical Analysis
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| Summary:
| | | Weekly : | | Daily :  Move cursor over the icon to see details.
| | It was a fourth positive week after 4 consecutive negative weeks for the Snap-On Inc. (SNA). During the week, the SNA climbed 0.55 points, or 0.14%, and closed at 380.27 on Friday, April 17, 2026. Weekly volume was 8% above 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 390.13 on February 12, 2026. SNA gained -100.32 points, or -34.62%, in 42 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 342.31 and resistance is at 400.92. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See SNA medium-term trend chart] A medium-term downtrend had started on February 12, 2026 at 390.13 and reached 354.97 on March 20, 2026. SNA lost 35.16 points, or 9.01%, in 5 weeks. The price is now at the 71.96% retracement level.
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. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 March 20, 2026 at 354.97 and reached 386.88 on April 10, 2026. SNA gained -31.91 points, or -8.99%, in 21 days. The chart has formed a Broadening Ascending Wedge chart pattern.
Daily Technical Indicators: [See SNA daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. 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 March 31, 2026. This is an indication that the short-term trend is up. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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