Trading Signals: SNAP Stock Price Prediction and Forecast

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Wed. Aug. 4, 2021

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

(Snap Inc.)
SNAP latest price $76.9000 (4.8%) ($72.3800 - $77.3500) on Wed. Aug. 4, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.02% (three month average)
RSI   77
Latest Price   $76.9000(4.8%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SNAP advances 0.2% a day on average for past five trading days.
Weekly Trend   SNAP advances 9.6% a week on average for past two weeks.
Market Behavior   Value stocks sell-off 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(57%)    ONLN(54%)    IWF(51%)    QQQ(51%)
Factors Impacting SNAP price   SNAP will decline at least -2.01% in a week (0% probabilities).
VIXM(-28%)    UUP(-11%)    SHY(-5%)    GLD(-2%)    VXX(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.01% (StdDev 4.02%)
Hourly BBV 2.3 ()
Intraday Trend 5.3%

5 Day Moving Average   $74.62(3.06%)
10 Day Moving Average   $74.14(3.72%)
20 Day Moving Average   $68.56(12.16%)
To recent high   -1.4%
To recent low   50.9%
Market Cap   $112.552b

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 9.48% (three month std-dev: 4.02%) daily (68% of days).

Sample size 5 Average positive next day return: 0.29%(40%) Average negative next day return: -1.48%(60%) Sample size 5 Average positive next three day return: 6.65%(60%) Average negative next three day return: -3.41%(40%) Sample size 5 Average positive next weekly return: 1.47%(60%) Average negative next weekly return: -1.39%(40%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210904

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	Aug_4_2021	61.38	68.56	74.14	74.62	74.31	74.34	76.9(4.8%)	UT	HoldLong	65	0.4	40	-10	5	145	19.35	71%	0.24	30.8	4.02%	2.3	1.3	77	0.9
2	Aug_3_2021	61.23	67.94	72.86	74.48	74.52	73.92	73.38(-0.16%)	UD	OpenLong	65	-0.2	31	-50	-7	145	17.69	66%	0.16	30	4.06%	-1.6	0.9	70	0.9
3	Aug_2_2021	61.13	67.68	71.85	74.59	74.82	74.28	73.5(-1.24%)	UD	OpenLong	65	-0.2	25	-40	-15	144	10.32	66%	0.18	33	4.1%	-1.7	0.9	66	-0.3
4	Jul_30_2021	61.02	67.39	70.55	75.16	74.95	75.12	74.42(-0.67%)	UD	OpenLong	65	-0.1	29	10	-11	148	15.85	66%	0.25	37.5	4.13%	-1.9	1.2	65	0.5
5	Jul_29_2021	60.87	67.01	69.1	75.87	75.5	75.36	74.92(-1.63%)	UD	OpenLong	75	-0.2	57	-30	22	163	15.73	66%	0.33	43.1	4.13%	0.3	1.4	64	0.7

6	Jul_28_2021	60.67	66.61	67.66	73.48	75.65	74.78	76.16(2.96%)	UT	OpenLong	75	0.5	56	10	29	136	20.75	66%	0.33	34.6	4.12%	0.5	1.7	70	0.5
7	Jul_27_2021	60.47	66.12	66.23	70.92	72.62	75.65	73.97(-3.08%)	UD	OpenLong	75	0.6	45	360	27	98	32.79	66%	0.37	27.5	4.12%	-1	1.5	62	0.3
8	Jul_26_2021	60.25	65.69	65.15	68.6	69.64	76.53	76.32(-2.12%)	UD	OpenLong	75	1.6	129	740	138	103	50.57	66%	0.32	18.2	4.09%	0.6	2.2	57	0.4
9	Jul_23_2021	60.06	65.18	63.86	65.25	65.77	69.59	77.97(23.82%)	UT	OpenLong	75	3.1	123	430	145	55	116.09	69%	0.35	3.2	4.09%	1.4	3.1	60	-0.2
10	Jul_22_2021	59.85	64.58	62.45	61.52	61.39	62.75	62.97(-0.66%)	N/A	N/A	0	0.5	3	150	25	-64	25.29	58%	0.05	-22.2	2.97%	0.9	-0.5	40	-0

11	Jul_21_2021	59.82	64.58	62.35	61.02	60.76	61.95	63.39(1.7%)	N/A	N/A	0	0.8	7	120	38	-85	11.09	58%	-0.02	-17.7	2.98%	1.1	-0.5	40	0.7
12	Jul_20_2021	59.83	64.75	62.49	60.84	60.39	60.03	62.33(4.62%)	DP	OpenShort	-75	0.5	-30	-60	-2	-113	16.54	58%	-0.08	-18.6	2.97%	2.1	-0.8	39	-0.5
13	Jul_19_2021	59.88	64.83	63.1	61.16	60.95	59.58	59.58(0.46%)	DP	OpenShort	-75	-0.5	-65	-170	-46	-120	13.65	55%	-0.1	-16	2.95%	0.1	-1.8	37	-2.8
14	Jul_16_2021	59.94	65.05	63.98	62.2	62.35	60.76	59.31(-1.97%)	DT	OpenShort	-75	-1.1	-66	-170	-53	-104	22.59	55%	-0.07	-8.3	2.95%	-1.2	-2.1	33	0.3
15	Jul_15_2021	59.98	65.25	64.84	63.5	63.58	62.32	60.5(-3.15%)	DT	OpenShort	-75	-1.2	-48	-130	-38	-77	14.51	55%	-0.15	4.7	2.99%	-1.3	-1.9	35	1

16	Jul_14_2021	60.07	65.29	65.63	63.8	64.33	63.94	62.47(-2.31%)	DT	OpenShort	-75	-0.5	-30	-20	-19	-61	11.64	58%	-0.13	5.2	2.98%	-2	-1.1	43	1.6
17	Jul_13_2021	60.15	65.29	66.16	64.33	64.14	64.84	63.95(-1.3%)	DT	OpenShort	-75	-0.2	-22	70	-16	-39	9.17	58%	0	15	2.97%	-1.8	-0.5	56	1.2
18	Jul_12_2021	60.15	65.31	66.41	65.35	64.92	64.71	64.79(-1.55%)	N/A	N/A	0	-0.2	0	-40	3	-8	8.21	58%	-0.02	30.7	2.97%	0.5	-0.2	55	1.2
19	Jul_9_2021	60.16	65.28	66.71	66.09	65.94	63.45	65.81(6.21%)	DP	OpenShort	-75	-0.1	-32	-270	-42	-1	17	58%	0.05	45	2.96%	0.4	0.2	59	1.1
20	Jul_8_2021	60.13	65.13	66.9	66.46	66.97	65.12	61.96(-4.87%)	CR	SmallShort	-20	-1.7	-63	-170	-85	5	17.62	57%	0	52.1	2.86%	-1.5	-1.2	54	-0.1

21	Jul_7_2021	60.13	65.16	67.4	67.7	68.3	68.43	65.13(-5.69%)	UD	OpenLong	65	-1	10	40	-12	76	17.4	66%	0.03	64.3	2.86%	-2.4	-0	68	1
22	Jul_6_2021	60.11	64.93	67.25	68.18	68.32	68.82	69.06(0.83%)	UT	OpenLong	75	0.3	43	60	23	104	16.35	75%	0.12	59.8	2.85%	1.1	1.5	71	0.9
23	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
24	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
25	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%		57.6	2.99%	1.6	1.7	65	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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