US stock / ETF

Snap-on Incorporated

SNA · NYSE · USD

4 hoursBearish62%
4h Downside probability 62%Bearish

SNA 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $410.42 and stabilize above resistance $420.17.

Invalidation Trigger

Break above $420.17 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 48.9, MACD -0.513

4h
Volatility EnvironmentBullish
Low volatility

ATR is $3.57 (0.87%)

4h

EMA Structure

Bullish
EMA 8$410.7Bearish
EMA 21$410.42Bearish
EMA 50$408Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.9 · MACD -0.513

Neutral zone

Strength
Bearish
Volatility
ATR $3.57 · BB 4.18%

Low volatility

Strength
Bullish
Volume
MFI 37.1 · OBV 0.89%

Relative to 20-period average volume

Strength
Range
Price Levels
$392.42 - $420.17

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.5% · 4.0 ATR above latest close

$423.74
Nearest resistance

+2.63% · 3.0 ATR above · 34-bar high

$420.17
Current price

Price shown is delayed

$409.41
Nearest support

-4.15% · 4.8 ATR below · 34-bar low

$392.42
Deeper support zone

-5.02% · 5.8 ATR below latest close

$388.85
ATR zone

Latest close ± ATR14

$405.84 - $412.98

Indicators

Trend

Dow Theory Structure

Confirmation $415.97, invalidation $406.85

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

Trend strength is active

29.6 / 18.4 / 46.6Bearish
Supertrend (10,3)

Price is above Supertrend

$398.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$408.85 / $406.3Bullish
Donchian Channel (20)

20-period breakout channel position

35%Range

Volatility

ATR (14)

Low volatility

$3.57 (0.87%)Bullish
Bollinger Bands (20,2)

Width 4.18%

35%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$417.63 / $403.34Bullish
ATR channel lower / upper

Current Volatility Envelope

$405.84 / $412.98Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$420.17Range
Support

Nearest Downside Decision Level

$392.42Range

Momentum

RSI (14)

Neutral zone

48.9Range
MACD (12,26,9)

Histogram is negative

-0.513Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.8 / 31.2Bearish
Williams %R (14)

Neutral zone

-77.2Range
CCI (20)

Balanced zone

-49.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.1Bearish
OBV slope

20-period OBV slope

0.89%Bullish
Volume ratio

Relative to 20-period average volume

1.21xBullish

Trend

Dow Theory Structure

Confirmation $415.97, invalidation $406.85

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

Trend strength is active

29.6 / 18.4 / 46.6Bearish
Supertrend (10,3)

Price is above Supertrend

$398.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$408.85 / $406.3Bullish
Donchian Channel (20)

20-period breakout channel position

35%Range

Momentum

RSI (14)

Neutral zone

48.9Range
MACD (12,26,9)

Histogram is negative

-0.513Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.8 / 31.2Bearish
Williams %R (14)

Neutral zone

-77.2Range
CCI (20)

Balanced zone

-49.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$3.57 (0.87%)Bullish
Bollinger Bands (20,2)

Width 4.18%

35%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$417.63 / $403.34Bullish
ATR channel lower / upper

Current Volatility Envelope

$405.84 / $412.98Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.1Bearish
OBV slope

20-period OBV slope

0.89%Bullish
Volume ratio

Relative to 20-period average volume

1.21xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$420.17Range
Support

Nearest Downside Decision Level

$392.42Range

Related Forecasts