(SNA) Technical Pivots with Risk Controls

March 29, 2025, 00:20 am ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for SNA

• Buy SNA near 325.4 target 353 stop loss @ 324.46 Details

The technical summary data tells us to buy SNA near 325.4 with an upside target of 353. This data also tells us to set a stop loss @ 324.46 to protect against excessive loss in case the stock begins to move against the trade. 325.4 is the first level of support below 329.31 , and by rule, any test of support is a buy signal. In this case, support 325.4 would be being tested, so a buy signal would exist.

• Short SNA slightly under 353, target 325.4, stop loss @ 354.02 Details

The technical summary data is suggesting a short of SNA as it gets near 353 with a downside target of 325.4. We should have a stop loss in place at 354.02though. 353 is the first level of resistance above 329.31, and by rule, any test of resistance is a short signal. In this case, if resistance 353 is being tested, so a short signal would exist.

Swing Trading Plans for SNA

• Buy SNA slightly over 331.5, target 339.63, Stop Loss @ 330.54 Details

If 331.5 begins to break higher, the technical summary data tells us to buy SNA just slightly over 331.5, with an upside target of 339.63. The data also tells us to set a stop loss @ 330.54 in case the stock turns against the trade. 331.5 is the first level of resistance above 329.31, and by rule, any break above resistance is a buy signal. In this case, 331.5, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short SNA slightly near 331.5, target 325.4, Stop Loss @ 332.46. Details

The technical summary data is suggesting a short of SNA if it tests 331.5 with a downside target of 325.4. We should have a stop loss in place at 332.46 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 331.5, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for SNA

• Buy SNA slightly over 329.69, target 331.5, Stop Loss @ 328.92 Details

If 329.69 begins to break higher, the technical summary data tells us to buy SNA just slightly over 329.69, with an upside target of 331.5. The data also tells us to set a stop loss @ 328.92 in case the stock turns against the trade. 329.69 is the first level of resistance above 329.31, and by rule, any break above resistance is a buy signal. In this case, 329.69, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short SNA slightly near 329.69, target 325.4, Stop Loss @ 330.46. Details

The technical summary data is suggesting a short of SNA if it tests 329.69 with a downside target of 325.4. We should have a stop loss in place at 330.46 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 329.69, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Snap-on Incorporated (SNA) available here: SNA.

SNA Ratings for March 29:

AI Generated Signals for SNA

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The technical pivots for Snap-on Incorporated (NYSE: SNA) help you determine how to trade, when to buy, when to sell, and how to control risk.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for SNA change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if SNA is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for SNA too.  All of these are offered below the Summary Table.