US stock / ETF

Snap-on Incorporated

SNA · NYSE · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

SNA 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $323.24 and reclaim $394.42.

Invalidation Trigger

Lose $323.24 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 60.7, MACD 0.306

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $14.83 (3.84%)

Weekly

EMA Structure

Bullish
EMA 8$380.06Bullish
EMA 21$372.83Bullish
EMA 50$358.48Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.7 · MACD 0.306

Momentum is strong

Strength
Bullish
Volatility
ATR $14.83 · BB 10.34%

Medium volatility

Strength
Range
Volume
MFI 60.0 · OBV 2.26%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$323.24 - $394.42

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+6.05% · 1.6 ATR above latest close

$409.24
Nearest resistance

+2.21% · 0.6 ATR above · 34-bar high

$394.42
Current price

Price shown is delayed

$385.89
Nearest support

-16.24% · 4.2 ATR below · 34-bar low

$323.24
Deeper support zone

-20.08% · 5.2 ATR below latest close

$308.41
ATR zone

Latest close ± ATR14

$371.06 - $400.72

Indicators

Trend

Dow Theory Structure

Confirmation $394.42, invalidation $356

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

Trend strength is moderate

21.3 / 25.7 / 10.5Bullish
Supertrend (10,3)

Price is above Supertrend

$345.59Bullish
Ichimoku Cloud

Cloud Span A / Span B

$372.04 / $351.14Bullish
Donchian Channel (20)

20-period breakout channel position

78%Bullish

Volatility

ATR (14)

Medium volatility

$14.83 (3.84%)Range
Bollinger Bands (20,2)

Width 10.34%

77%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$401.35 / $345.39Range
ATR channel lower / upper

Current Volatility Envelope

$371.06 / $400.72Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$394.42Range
Support

Nearest Downside Decision Level

$323.24Range

Momentum

RSI (14)

Momentum is strong

60.7Bullish
MACD (12,26,9)

Histogram is positive

0.306Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

78.1 / 80.4Bearish
Williams %R (14)

Neutral zone

-21.9Range
CCI (20)

Strong expansion

106.6Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.0Bullish
OBV slope

20-period OBV slope

2.26%Bullish
Volume ratio

Relative to 20-period average volume

0.34xBearish

Trend

Dow Theory Structure

Confirmation $394.42, invalidation $356

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

Trend strength is moderate

21.3 / 25.7 / 10.5Bullish
Supertrend (10,3)

Price is above Supertrend

$345.59Bullish
Ichimoku Cloud

Cloud Span A / Span B

$372.04 / $351.14Bullish
Donchian Channel (20)

20-period breakout channel position

78%Bullish

Momentum

RSI (14)

Momentum is strong

60.7Bullish
MACD (12,26,9)

Histogram is positive

0.306Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

78.1 / 80.4Bearish
Williams %R (14)

Neutral zone

-21.9Range
CCI (20)

Strong expansion

106.6Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$14.83 (3.84%)Range
Bollinger Bands (20,2)

Width 10.34%

77%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$401.35 / $345.39Range
ATR channel lower / upper

Current Volatility Envelope

$371.06 / $400.72Range

Volume / Money Flow

MFI (14)

Money flow is strong

60.0Bullish
OBV slope

20-period OBV slope

2.26%Bullish
Volume ratio

Relative to 20-period average volume

0.34xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$394.42Range
Support

Nearest Downside Decision Level

$323.24Range

Related Forecasts