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Uptrend SupportArchive
- 5/2/2025 -
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Snap-On Inc. (SNA) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the Snap-On Inc. (SNA). During the week, the SNA gained 8.15 points, or 2.64%, and closed at 316.95 on Friday, May 2, 2025. Weekly volume was 15% above average.
 Long-term trend: [See SNA long-term trend chart]
A long-term uptrend had started on July 5, 2024 at 252.98 and reached 373.90 on November 27, 2024. SNA gained -120.92 points, or -47.80%, in 20 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (372.27) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a long-term trend.
 Medium-term trend: [See SNA medium-term trend chart]
A medium-term downtrend had started on November 27, 2024 at 373.90 and reached 289.81 on April 21, 2025. SNA lost 84.09 points, or 22.49%, in 20 weeks. The chart has formed a Falling Wedge chart pattern. The price is near the trend support (318.41) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support 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 January 10, 2025. 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 downtrend had started on April 2, 2025 at 343.40 and reached 289.81 on April 21, 2025. SNA lost 53.59 points, or 15.61%, in 19 days. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern.
Daily Technical Indicators: [See SNA daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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