US stock / ETF

Snap-on Incorporated

SNA · NYSE · USD

4 hoursBullish78%
4h Upside probability 78%Bullish

SNA 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $363.65 and reclaim $395.11.

Invalidation Trigger

Lose $363.65 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 58.4, MACD -0.033

4h
Volatility EnvironmentBullish
Low volatility

ATR is $5.57 (1.42%)

4h

EMA Structure

Bullish
EMA 8$390.07Bullish
EMA 21$386.89Bullish
EMA 50$381.62Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.4 · MACD -0.033

Momentum is strong

Strength
Bullish
Volatility
ATR $5.57 · BB 4.16%

Low volatility

Strength
Bullish
Volume
MFI 35.6 · OBV -85.20%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$363.65 - $395.11

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.15% · 1.5 ATR above latest close

$400.68
Nearest resistance

+0.73% · 0.5 ATR above · 34-bar high

$395.11
Current price

Price shown is delayed

$392.23
Nearest support

-7.29% · 5.1 ATR below · 34-bar low

$363.65
Deeper support zone

-8.71% · 6.1 ATR below latest close

$358.08
ATR zone

Latest close ± ATR14

$386.66 - $397.8

Indicators

Trend

Dow Theory Structure

Confirmation $391.31, invalidation $384.22

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

19.8 / 17.9 / 22.8Bearish
Supertrend (10,3)

Price is above Supertrend

$376.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$387.05 / $375.55Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Volatility

ATR (14)

Low volatility

$5.57 (1.42%)Bullish
Bollinger Bands (20,2)

Width 4.16%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$398.67 / $375.61Bullish
ATR channel lower / upper

Current Volatility Envelope

$386.66 / $397.8Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$395.11Range
Support

Nearest Downside Decision Level

$363.65Range

Momentum

RSI (14)

Momentum is strong

58.4Bullish
MACD (12,26,9)

Histogram is negative

-0.033Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

81.3 / 75.2Bullish
Williams %R (14)

Overbought zone

-18.7Bearish
CCI (20)

Strong expansion

142.8Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

35.6Bearish
OBV slope

20-period OBV slope

-85.20%Bearish
Volume ratio

Relative to 20-period average volume

1.14xBullish

Trend

Dow Theory Structure

Confirmation $391.31, invalidation $384.22

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

19.8 / 17.9 / 22.8Bearish
Supertrend (10,3)

Price is above Supertrend

$376.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$387.05 / $375.55Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Momentum

RSI (14)

Momentum is strong

58.4Bullish
MACD (12,26,9)

Histogram is negative

-0.033Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

81.3 / 75.2Bullish
Williams %R (14)

Overbought zone

-18.7Bearish
CCI (20)

Strong expansion

142.8Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$5.57 (1.42%)Bullish
Bollinger Bands (20,2)

Width 4.16%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$398.67 / $375.61Bullish
ATR channel lower / upper

Current Volatility Envelope

$386.66 / $397.8Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

35.6Bearish
OBV slope

20-period OBV slope

-85.20%Bearish
Volume ratio

Relative to 20-period average volume

1.14xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$395.11Range
Support

Nearest Downside Decision Level

$363.65Range

Related Forecasts