US stock / ETF

Snap-on Incorporated

SNA · NYSE · USD

1 weekBearish61%
Weekly Downside probability 61%Bearish

SNA 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $384.25 and stabilize above resistance $423.02.

Invalidation Trigger

Break above $423.02 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 41.8, MACD -5.343

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $15.49 (4.2%)

Weekly

EMA Structure

Range
EMA 8$379.93Bearish
EMA 21$384.25Bearish
EMA 50$372.83Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.8 · MACD -5.343

Momentum is weak

Strength
Bearish
Volatility
ATR $15.49 · BB 16.38%

Medium volatility

Strength
Range
Volume
MFI 33.8 · OBV -2.36%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$354.97 - $423.02

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+18.87% · 4.5 ATR above latest close

$438.51
Nearest resistance

+14.67% · 3.5 ATR above · 34-bar high

$423.02
Current price

Price shown is delayed

$368.9
Nearest support

-3.78% · 0.9 ATR below · 34-bar low

$354.97
Deeper support zone

-7.97% · 1.9 ATR below latest close

$339.48
ATR zone

Latest close ± ATR14

$353.41 - $384.39

Indicators

Trend

Dow Theory Structure

Confirmation $423.02, invalidation $392.42

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

Trend strength is active

34.2 / 10.0 / 24.8Bearish
Supertrend (10,3)

Price is above Supertrend

$325.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$390.7 / $371.91Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Volatility

ATR (14)

Medium volatility

$15.49 (4.2%)Range
Bollinger Bands (20,2)

Width 16.38%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$412.07 / $356.75Range
ATR channel lower / upper

Current Volatility Envelope

$353.41 / $384.39Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$423.02Range
Support

Nearest Downside Decision Level

$354.97Range

Momentum

RSI (14)

Momentum is weak

41.8Bearish
MACD (12,26,9)

Histogram is negative

-5.343Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.4 / 6.9Bullish
Williams %R (14)

Oversold zone

-87.6Bullish
CCI (20)

Weak expansion

-105.5Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

33.8Bearish
OBV slope

20-period OBV slope

-2.36%Bearish
Volume ratio

Relative to 20-period average volume

0.85xBearish

Trend

Dow Theory Structure

Confirmation $423.02, invalidation $392.42

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

Trend strength is active

34.2 / 10.0 / 24.8Bearish
Supertrend (10,3)

Price is above Supertrend

$325.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$390.7 / $371.91Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Momentum

RSI (14)

Momentum is weak

41.8Bearish
MACD (12,26,9)

Histogram is negative

-5.343Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.4 / 6.9Bullish
Williams %R (14)

Oversold zone

-87.6Bullish
CCI (20)

Weak expansion

-105.5Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

Medium volatility

$15.49 (4.2%)Range
Bollinger Bands (20,2)

Width 16.38%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$412.07 / $356.75Range
ATR channel lower / upper

Current Volatility Envelope

$353.41 / $384.39Range

Volume / Money Flow

MFI (14)

Money flow is weak

33.8Bearish
OBV slope

20-period OBV slope

-2.36%Bearish
Volume ratio

Relative to 20-period average volume

0.85xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$423.02Range
Support

Nearest Downside Decision Level

$354.97Range

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