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Takip Edin: @UscMarketsSNA Stock Forecast & Snap-on Incorporated Chart Analysis
This article provides a detailed analysis of SNA-Snap-on Incorporated stock including a forecast for SNA shares. It features Snap-on Incorporated technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
SNA Historical Data Review
SNA Current Price Performance Analysis
The Snap-on Incorporated - SNA stock traded on the American stock market, on 06-05-2024, closed at 269.22$ with a %0.82 increased compared to the previous day.
In the last month, the price of SNA changed by %-1.96 decreased in value, from 274.59 dollars on 05-06-2024 to 269.22 dollars, decreased.
Last year, the price of SNA was 262.77 dollars on 06-06-2023, and changed by %2.45 increased in value, to 269.22 dollars increased within a year.
The price of Snap-on Incorporated stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
SNA with AI Stock Forecast & Price Target
On the SNA chart Snap-on Incorporated price was recorded as 269.22 Dollars on 06/05/2024.
The artificial intelligence's forecast on SNA stock is as follows.
The artificial intelligence's prediction error margin for SNA stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Snap-on Incorporated stock over the next 4 months is: 243.6 Dollars.
The commentary on SNA stock Target Price: Highest: 265.076 Dollars is predicted.
The commentary on SNA stock Target Price: Lowest: 233.383 Dollars is predicted.
Resistance Price where Snap-on Incorporated stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-08-2024 | 243.209 |
| 12-12-2024 | 250.980 |
| 01-21-2025 | 237.215 |
| 02-10-2025 | 234.516 |
| 04-11-2025 | 241.684 |
Support Price where Snap-on Incorporated stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-13-2024 | 234.648 |
| 11-07-2024 | 235.126 |
| 01-16-2025 | 236.936 |
| 02-05-2025 | 234.280 |
| 02-25-2025 | 233.383 |
The commentary on SNA stock: The target price can generally be said to be on the decline.
The commentary on SNA stock: Fluctuations in the target price can be expected in the coming days.
The target price for Snap-on Incorporated stock by the end of 2024 is predicted to be 243.766 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on SNA stock, and the 2024 target price predictions for Snap-on Incorporated are detailed above.
The technical analysis and charts for the commentary on SNA stock are below.
SNA Support & Resistance and Trend Analysis
SNA stock you have reviewed the technical analysis support resistance charts regarding.
SNA : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the SNA review, the Snap-on Incorporated support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Snap-on Incorporated Support and Resistance Prices:
| SNA Support Level Price | SNA Resistance Level Price |
|---|---|
| 259.54 | 280.06 |
| 261.33 | 280.13 |
| 266.51 | 282.27 |
| 269.47 | 291.00 |
| 270.46 | 295.51 |
| 278.15 | 297.61 |
| 285.85 | 298.49 |
| 288.12 |
SNA Technical Analysis: SMA, RSI, MACD
Upon reviewing the SNA chart, buy and sell signals have been generated in the Snap-on Incorporated technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for SNA stock are as follows:- SNA technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Snap-on Incorporated gave a 'Buy' signal when the RSI was at 28.01, with the current RSI value at 35.424.
- The technical analysis for Snap-on Incorporated indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Snap-on Incorporated stock: Click here to read more predictions on Fidelity National Financial stock.
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