US stock / ETF

Snap-on Incorporated

SNA · NYSE · USD

1 hourBullish85%
1h Upside probability 85%Bullish

SNA 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $379.67 and reclaim $395.11.

Invalidation Trigger

Lose $379.67 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 55.5, MACD 0.337

1h
Volatility EnvironmentBullish
Low volatility

ATR is $2.51 (0.64%)

1h

EMA Structure

Bullish
EMA 8$391.73Bullish
EMA 21$390.4Bullish
EMA 50$388.6Bullish

Signals

CategoryReadStrength
Momentum
RSI 55.5 · MACD 0.337

Momentum is strong

Strength
Bullish
Volatility
ATR $2.51 · BB 2.49%

Low volatility

Strength
Bullish
Volume
MFI 23.1 · OBV -25.20%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$379.67 - $395.11

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.37% · 2.1 ATR above latest close

$397.62
Nearest resistance

+0.73% · 1.1 ATR above · 34-bar high

$395.11
Current price

Price shown is delayed

$392.23
Nearest support

-3.2% · 5.0 ATR below · 34-bar low

$379.67
Deeper support zone

-3.84% · 6.0 ATR below latest close

$377.16
ATR zone

Latest close ± ATR14

$389.72 - $394.74

Indicators

Trend

Dow Theory Structure

Confirmation $395.11, invalidation $391.88

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

8.8 / 38.7 / 30.0Bullish
Supertrend (10,3)

Price is above Supertrend

$386.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$390.08 / $387.39Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Volatility

ATR (14)

Low volatility

$2.51 (0.64%)Bullish
Bollinger Bands (20,2)

Width 2.49%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$394.72 / $386.21Bullish
ATR channel lower / upper

Current Volatility Envelope

$389.72 / $394.74Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$395.11Range
Support

Nearest Downside Decision Level

$379.67Range

Momentum

RSI (14)

Momentum is strong

55.5Bullish
MACD (12,26,9)

Histogram is positive

0.337Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.6 / 73.9Bearish
Williams %R (14)

Neutral zone

-26.4Range
CCI (20)

Balanced zone

87.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

23.1Bearish
OBV slope

20-period OBV slope

-25.20%Bearish
Volume ratio

Relative to 20-period average volume

0.63xBearish

Trend

Dow Theory Structure

Confirmation $395.11, invalidation $391.88

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

8.8 / 38.7 / 30.0Bullish
Supertrend (10,3)

Price is above Supertrend

$386.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$390.08 / $387.39Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Momentum

RSI (14)

Momentum is strong

55.5Bullish
MACD (12,26,9)

Histogram is positive

0.337Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.6 / 73.9Bearish
Williams %R (14)

Neutral zone

-26.4Range
CCI (20)

Balanced zone

87.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$2.51 (0.64%)Bullish
Bollinger Bands (20,2)

Width 2.49%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$394.72 / $386.21Bullish
ATR channel lower / upper

Current Volatility Envelope

$389.72 / $394.74Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

23.1Bearish
OBV slope

20-period OBV slope

-25.20%Bearish
Volume ratio

Relative to 20-period average volume

0.63xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$395.11Range
Support

Nearest Downside Decision Level

$379.67Range

Related Forecasts