Stock Analysis: Snap on Inc (SNA)

Stock Analysis for Snap on Inc (SNA)

The Interpreter
Hey Friend, I'm analysing SNAP ON INC (SNA), and it is between the Support of $ 289.44 (61.8% of Fibonacci) and the Resistance of $ 290.50 (50% of Fibonacci). The stock is falling and may come close and reach $ 289.44 soon.

Snap on Inc (SNA)

$ 270.18 -1.2%

Last Close 25-Apr-24

Trade SNA Now

Supports

Next Support: $ 289.44

Pivot S2: $ 288.73
Fibonacci 61.8%: $ 289.44
Triangle Level (0): $ 275.07

Resistances

Next Resistance: $ 290.50

Pivot S1: $ 290.75
Fibonacci 50%: $ 290.50
Triangle Level (0): $ 293.77

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 10 Apr 2024	Sell Price: 292.08	Profit: Close Day1 ($ 291.54)	Abandoned Baby	Sell
002 12 Feb 2024	Buy Price: 267.74	Loss: Close Day2 ($ 263.14)	Engulfing	Buy
003 10 Jan 2024	Buy Price: 282.49	Profit: Open Day1 ($ 282.85)	Abandoned Baby	Buy
004 22 Sep 2023	Buy Price: 255.86	Profit: Close Day1 ($ 256.29)	Abandoned Baby	Buy
005 15 Sep 2023	Sell Price: 260.42	Profit: Open Day2 ($ 259.98)	Engulfing	Sell
006 05 Sep 2023	Sell Price: 263.27	Profit: Open Day1 ($ 262.90)	Engulfing	Sell
007 13 Jul 2023	Sell Price: 290.59	Profit: Open Day1 ($ 290.13)	Abandoned Baby	Sell
008 03 Jul 2023	Sell Price: 286.86	Profit: Open Day1 ($ 283.87)	Abandoned Baby	Sell
009 13 Jun 2023	Buy Price: 273.63	Profit: Open Day1 ($ 274.00)	Engulfing	Buy
010 12 May 2023	Buy Price: 256.04	Profit: Open Day1 ($ 256.58)	Abandoned Baby	Buy
011One Year Average	Both Sides Result for 10 Signals	Profit: $ 1.90 ($ 0.19 / Signal) +0.7% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for SNA Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	271.88	SELL	2	270.95	SELL
3	271.70	SELL	3	271.11	SELL
5	270.49	SELL	5	271.87	SELL
8	272.52	SELL	8	273.97	SELL
13	279.48	SELL	13	277.37	SELL
21	284.99	SELL	21	280.71	SELL
34	287.60	SELL	34	282.81	SELL
55	282.40	SELL	55	283.26	SELL
90	284.30	SELL	90	281.90	SELL
200	275.11	SELL	200	274.72	SELL

Company Info +

Name & IPO

Snap-on Inc
IPO: 1978-02-27

Stock Ticker & Exchange

Ticker: SNAIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.snapon.com/
Phone:

Stock Type

Common Stock

SIC Office

Manufacturing ()

Industry

Cutlery, Handtools & General Hardware

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.