Trading Signals: SNAP Stock Price Prediction and Forecast

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Fri. Jul. 2, 2021

Trading Signals: SNAP Stock Price Prediction and Forecast (Thu. Mar. 2, 2017 - Fri. Dec. 22, 2023)

(Snap Inc.)
SNAP latest price $68.4900 (1.23%) ($67.6840 - $69.0350) on Fri. Jul. 2, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.89% (three month average)
RSI   64
Latest Price   $68.4900(1.23%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SNAP advances 0.3% a day on average for past five trading days.
Weekly Trend   SNAP advances 4.1% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support SNAP advance at 0% a week (0% probability)
IBUY(57%)    IPO(56%)    ONLN(53%)    QQQ(51%)    IWF(50%)
Factors Impacting SNAP price   SNAP will decline at least -1.445% in a week (0% probabilities).
VIXM(-28%)    UUP(-11%)    SHY(-5%)    VXX(-2%)    GLD(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.445% (StdDev 2.89%)
Hourly BBV 1.5 ()
Intraday Trend 0.8%

5 Day Moving Average   $67.62(1.29%)
10 Day Moving Average   $66.72(2.65%)
20 Day Moving Average   $64.54(6.12%)
To recent high   0%
To recent low   34.4%
Market Cap   $100.243b

Snap, Inc. engages in the operation of its camera platform. Its products include Snapchat, using the camera and editing tools to take and share Snaps, Friends Page, which lets users create and use Stories, Groups, Video and Chat, Discover for searching and surfacing relevant Stories, Snap Map, which shows friends, Stories and Snaps near the user, Memories, for saving personal collections, and Spectacles, wearable sunglasses capable of taking Snaps and interacting directly with the Snapchat application. The company's primary source of revenue is advertising. Snap was founded by Frank Reginald Brown IV, Evan Thomas Spiegel, and Robert C. Murphy in 2010 and is headquartered in Santa Monica, CA.

$. SNAP price fluctuates within 4.28% (three month std-dev: 2.89%) daily (68% of days).

Sample size 50 Average positive next day return: 1.31%(32%) Average negative next day return: -1.27%(68%) Sample size 50 Average positive next three day return: 2.18%(52%) Average negative next three day return: -3.42%(48%) Sample size 50 Average positive next weekly return: 2.74%(50%) Average negative next weekly return: -3.55%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210802

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jul_2_2021	60.04	64.54	66.72	67.62	67.77	68.17	68.49(1.23%)	UT	OpenLong	75	0.3	31	50	11	90	10.73	75%	0.12	54.2	2.89%	1.5	1.4	64	1.5
2	Jul_1_2021	59.97	64.16	66.2	67.62	67.42	67.83	67.66(-0.7%)	UD	OpenLong	75	0.1	28	40	9	85	14.68	75%	0.08	54.4	2.91%	0.3	1.3	60	1.7
3	Jun_30_2021	59.92	63.81	65.68	67.45	67.34	67.37	68.14(0.84%)	UT	OpenLong	75	0.3	28	-0	9	84	11.04	77%	0.08	57.6	2.99%	1.6	1.7	65	1.5
4	Jun_29_2021	59.87	63.52	64.91	67.09	67.42	67.01	67.57(2.04%)	UT	OpenLong	75	0.2	27	-30	10	76	10.08	77%	0.07	66.2	2.99%	0.8	1.7	66	1.4
5	Jun_28_2021	59.83	63.3	64.37	66.16	66.87	67.32	66.22(-2.14%)	UD	OpenLong	75	0	21	80	6	65	13.63	77%	0.05	66.5	3.03%	-1.4	1.3	68	1.7

6	Jun_25_2021	59.8	63.08	64.09	65.64	65.99	67.83	67.67(0.03%)	UT	OpenLong	75	1	53	210	44	79	11.09	77%	0.15	75.7	3.01%	0.6	2.2	67	2
7	Jun_24_2021	59.71	62.73	63.69	64.74	64.8	66.43	67.65(1.96%)	UT	OpenLong	75	1.6	67	180	62	80	27.59	68%	0.15	83.1	3.02%	1	2.7	67	1.7
8	Jun_23_2021	59.62	62.36	63.14	63.67	63.52	64.15	66.35(5.43%)	UT	OpenLong	75	1.8	41	60	36	55	25.26	64%	0.12	102.9	3.21%	2.5	2.6	66	1.7
9	Jun_22_2021	59.55	62	62.66	62.44	62.58	63.16	62.93(-1.05%)	UD	OpenLong	75	0.4	13	70	10	22	13.01	61%	0.12	109.6	3.22%	0.3	0.7	50	1.4
10	Jun_21_2021	59.48	61.86	62.4	62.31	62.08	62.89	63.6(0.68%)	UT	OpenLong	75	0.9	15	80	15	13	11.21	61%	0.19	126.2	3.21%	0.9	1.3	49	0.6

11	Jun_18_2021	59.37	61.53	62.18	62.3	62.02	62	63.17(1.41%)	UT	OpenLong	75	0.5	6	-20	6	7	19.25	55%	0.17	112.8	3.21%	1.3	0.9	53	-0.2
12	Jun_17_2021	59.27	61.24	61.96	62.49	62.38	61.27	62.29(3.47%)	N/A	N/A	0	-0.1	-13	-130	-17	0	12.74	55%	0.22	120.3	3.39%	0.6	0.5	54	1
13	Jun_16_2021	59.14	60.85	61.8	62.55	62.99	62.04	60.2(-3.34%)	DT	OpenShort	-75	-1	-20	-80	-26	-2	18.56	53%	0.12	100.5	3.38%	-1.6	-0.3	51	0.9
14	Jun_15_2021	59.07	60.55	62.07	62.87	63.11	63.5	62.28(-2.03%)	UD	OpenLong	75	-0.2	7	50	1	24	10.98	53%	0.15	88.5	3.36%	-1.3	0.6	62	1
15	Jun_14_2021	58.98	60.15	62.19	62.44	62.75	63.94	63.57(-0.81%)	UD	OpenLong	75	0.3	32	150	30	38	14.71	53%	0.17	80.4	3.36%	0.1	1.1	62	1.4

16	Jun_11_2021	58.88	59.64	62.03	62	61.91	62.73	64.09(2.33%)	UT	OpenLong	75	0.6	33	90	29	46	22.1	60%	0.17	69.8	3.41%	1.5	1.3	72	1.4
17	Jun_10_2021	58.78	59	61.71	61.38	61.22	61.56	62.63(1.39%)	UT	OpenLong	75	0.3	19	30	12	39	10.68	60%	0.19	58.2	3.55%	1.5	1	68	1.2
18	Jun_9_2021	58.67	58.46	61.5	60.98	61.01	61.08	61.77(2.69%)	UT	OpenLong	75	0.2	12	10	1	46	16.41	62%	0.2	49.6	3.56%	1.3	0.8	73	1
19	Jun_8_2021	58.55	58.04	61.26	61.18	60.96	60.89	60.15(-1.99%)	UD	OpenLong	65	-0.3	7	-20	-11	60	13.12	58%	0.02	48	3.63%	-0.9	0.5	72	1.2
20	Jun_7_2021	58.54	57.66	61.28	61.89	61.39	60.94	61.37(0.61%)	UD	OpenLong	65	-0.1	17	-80	-7	88	8.96	58%	0.21	44	3.76%	1.5	0.9	74	1.4

21	Jun_4_2021	58.42	57.32	60.85	62.04	61.94	61.03	61(0.66%)	UD	OpenLong	65	-0.3	16	-110	-12	101	11.81	58%	0.21	38	3.76%	-0.3	0.9	75	1.5
22	Jun_3_2021	58.3	56.9	60.49	62.04	62.14	61.84	60.6(-3.49%)	UD	OpenLong	65	-0.4	21	-30	-12	120	14.98	54%	0.12	27.3	3.79%	-1.4	0.9	78	1.2
23	Jun_2_2021	58.23	56.56	59.89	62.05	62.01	62.84	62.79(-1.41%)	UD	OpenLong	75	0.2	47	90	16	140	16.46	54%	0.12	18.8	3.87%	0.2	1.5	81	1.5
24	Jun_1_2021	58.16	56.18	58.97	61.32	61.45	62.45	63.69(2.53%)	UT	OpenLong	75	0.6	56	120	29	138	18.18	54%	0.26	9.1	3.88%	1.7	2	75	1.1
25	May_28_2021	58.01	55.89	57.98	60.61	60.63	61.17	62.12(1.72%)	UT	HoldLong	65	0.4	52	60	25	134	11.22	54%		2.8	3.88%	1.6	1.8	76	1.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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