US stock / ETF

Snap-on Incorporated

SNA · NYSE · USD

1 weekBearish54%
Weekly Downside probability 54%Bearish

SNA 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $388.97 and stabilize above resistance $423.02.

Invalidation Trigger

Break above $423.02 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 44.7, MACD -3.667

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $16.57 (4.41%)

Weekly

EMA Structure

Bullish
EMA 8$391.3Bearish
EMA 21$388.97Bearish
EMA 50$373.19Bullish

Signals

CategoryReadStrength
Momentum
RSI 44.7 · MACD -3.667

Momentum is weak

Strength
Bearish
Volatility
ATR $16.57 · BB 16.49%

Medium volatility

Strength
Range
Volume
MFI 58.3 · OBV 0.32%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$354.8 - $423.02

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+17.09% · 3.9 ATR above latest close

$439.59
Nearest resistance

+12.67% · 2.9 ATR above · 34-bar high

$423.02
Current price

Price shown is delayed

$375.44
Nearest support

-5.5% · 1.2 ATR below · 34-bar low

$354.8
Deeper support zone

-9.91% · 2.2 ATR below latest close

$338.23
ATR zone

Latest close ± ATR14

$358.87 - $392.01

Indicators

Trend

Dow Theory Structure

Confirmation $423.02, invalidation $392.42

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

Trend strength is active

36.6 / 17.9 / 18.4Bearish
Supertrend (10,3)

Price is above Supertrend

$330.22Bullish
Ichimoku Cloud

Cloud Span A / Span B

$393.35 / $371.91Bearish
Donchian Channel (20)

20-period breakout channel position

30%Bearish

Volatility

ATR (14)

Medium volatility

$16.57 (4.41%)Range
Bollinger Bands (20,2)

Width 16.49%

27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$422.63 / $356.31Range
ATR channel lower / upper

Current Volatility Envelope

$358.87 / $392.01Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$423.02Range
Support

Nearest Downside Decision Level

$354.8Range

Momentum

RSI (14)

Momentum is weak

44.7Bearish
MACD (12,26,9)

Histogram is negative

-3.667Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.0 / 29.1Bearish
Williams %R (14)

Oversold zone

-94.0Bullish
CCI (20)

Balanced zone

-57.9Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

58.3Bullish
OBV slope

20-period OBV slope

0.32%Bullish
Volume ratio

Relative to 20-period average volume

0.55xBearish

Trend

Dow Theory Structure

Confirmation $423.02, invalidation $392.42

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

Trend strength is active

36.6 / 17.9 / 18.4Bearish
Supertrend (10,3)

Price is above Supertrend

$330.22Bullish
Ichimoku Cloud

Cloud Span A / Span B

$393.35 / $371.91Bearish
Donchian Channel (20)

20-period breakout channel position

30%Bearish

Momentum

RSI (14)

Momentum is weak

44.7Bearish
MACD (12,26,9)

Histogram is negative

-3.667Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.0 / 29.1Bearish
Williams %R (14)

Oversold zone

-94.0Bullish
CCI (20)

Balanced zone

-57.9Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Medium volatility

$16.57 (4.41%)Range
Bollinger Bands (20,2)

Width 16.49%

27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$422.63 / $356.31Range
ATR channel lower / upper

Current Volatility Envelope

$358.87 / $392.01Range

Volume / Money Flow

MFI (14)

Money flow is strong

58.3Bullish
OBV slope

20-period OBV slope

0.32%Bullish
Volume ratio

Relative to 20-period average volume

0.55xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$423.02Range
Support

Nearest Downside Decision Level

$354.8Range

Related Forecasts