Snap-on $SNA Technical Update

The Snap-on (NYSE: SNA) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for SNA, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Review the Trading Plans:

Technical Summary

Term →Near Mid Long
Bias Weak Neutral Neutral
P1 167.87 175.48 157.46
P2 171.79 186.10 177.35
P3 178.65 195.50 197.56

Long Term Trading Plans for SNA

October 12, 2018, 11:15 am ET

The Technical Summary and Trading Plans for SNA help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this SNA Report.

SNA - (Long) Support Plan

Buy over 157.46 target 177.35 stop loss @ 157.2.
The technical summary data tells us to buy SNA near 157.46 with an upside target of 177.35. This data also tells us to set a stop loss @ 157.2 to protect against excessive loss in case the stock begins to move against the trade. 157.46 is the first level of support below 167.82 , and by rule, any test of support is a buy signal. In this case, support 157.46 would be being tested, so a buy signal would exist.

SNA - (Short) Resistance Plan

Short under 177.35 target 157.46 stop loss @ 177.61.
The technical summary data is suggesting a short of SNA as it gets near 177.35 with a downside target of 157.46. We should have a stop loss in place at 177.61 though. 177.35 is the first level of resistance above 167.82, and by rule, any test of resistance is a short signal. In this case, if resistance 177.35 is being tested, so a short signal would exist.

SNA Long Term Analysis

SNA EPS Analysis

SNA Dividend Chart

SNA Revenue chart

SNA Growth rate - Quarterly

SNA Growth rate - Yearly

SNA PE chart

SNA PEG chart