Trading Signals: SNAP Stock Price Prediction and Forecast

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Thu. Jun. 15, 2023

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

(Snap Inc.)
SNAP latest price $10.6600 (3.29%) ($9.9600 - $10.6900) on Thu. Jun. 15, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.73% (three month average)
RSI   72
Latest Price   $10.6600(3.29%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SNAP advances 1% a day on average for past five trading days.
Weekly Trend   SNAP advances 0.9% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support SNAP advance at 0% a week (0% probability)
SKYY(53%)    IVE(51%)    VT(51%)    FIVG(50%)    IBUY(50%)
Factors Impacting SNAP price   SNAP will decline at least -1.865% in a week (0% probabilities).
VXX(-42%)    VIXM(-40%)    TBT(-22%)    UUP(-17%)    USO(-9%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.865% (StdDev 3.73%)
Hourly BBV 0 ()
Intraday Trend 6.9%

5 Day Moving Average   $10.27(3.8%)
10 Day Moving Average   $10.33(3.19%)
20 Day Moving Average   $10.11(5.44%)
To recent high   -9.2%
To recent low   34.8%
Market Cap   $15.602b

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 2.87% (three month std-dev: 3.73%) daily (68% of days).

Sample size 7 Average positive next day return: 0.86%(29%) Average negative next day return: -0.61%(71%) Sample size 7 Average positive next three day return: 2.34%(29%) Average negative next three day return: -1.8%(71%) Sample size 7 Average positive next weekly return: 1.38%(29%) Average negative next weekly return: -3.87%(71%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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	Jun_15_2023	10.31	10.11	10.33	10.27	10.26	10.32	10.66(3.29%)	UT	OpenLong	75	1.3	10	40	7	18	30.12	49%	0.1	135.5	3.73%	0	1.9	72	1.2
2	Jun_13_2023	10.3	10.01	10.28	10.17	10.2	10.25	10.32(0.88%)	UT	HoldLong	50	0.3	2	40	-2	12	17.55	49%	0	87.7	3.69%	0.4	0.7	68	1.3
3	Jun_12_2023	10.3	9.94	10.27	10.21	10.22	10.19	10.23(1.39%)	UD	OpenLong	65	0	3	-20	-3	22	18.62	49%	0	81.7	3.69%	0	0.6	67	1.4
4	Jun_9_2023	10.3	9.86	10.28	10.27	10.29	10.16	10.09(0.5%)	UD	OpenLong	65	-0.3	5	-80	-5	35	26.61	49%	0.1	77.1	3.7%	-0.9	0.4	66	1.7
5	Jun_8_2023	10.29	9.8	10.25	10.33	10.35	10.24	10.04(-1.47%)	UD	OpenLong	65	-0.5	6	-70	-6	43	16.84	46%	0	82.7	3.73%	-1.1	0.4	66	2

6	Jun_7_2023	10.29	9.73	10.23	10.33	10.44	10.42	10.19(-3.04%)	UD	OpenLong	75	-0.3	14	0	-0	57	18.89	46%	0.1	86.1	3.79%	-2	0.7	79	2.2
7	Jun_6_2023	10.28	9.64	10.2	10.39	10.4	10.47	10.51(0%)	UT	HoldLong	50	0.2	23	50	4	79	16.5	51%	0	80.9	3.77%	0.5	1.2	96	2.4
8	Jun_5_2023	10.28	9.54	10.13	10.33	10.3	10.46	10.51(0.96%)	UT	HoldLong	65	0.2	25	100	4	88	16.04	51%	0.1	76.2	3.96%	1.4	1.3	91	2.3
9	Jun_2_2023	10.27	9.43	10.05	10.29	10.27	10.34	10.41(0.77%)	UT	HoldLong	65	0.2	33	40	9	105	20.82	54%	0.1	71	4.01%	0.7	1.3	92	2.2
10	Jun_1_2023	10.26	9.3	9.97	10.16	10.18	10.15	10.33(1.27%)	UT	HoldLong	65	0.2	31	-10	5	109	16.84	54%	0	47.3	4.01%	1.3	1.3	83	2

11	May_31_2023	10.26	9.19	9.88	10.06	10.1	10.2	10.2(-0.2%)	UD	OpenLong	75	0.2	31	80	4	112	30.39	54%	0.1	32.6	4.05%	-0.6	1.3	82	1.2
12	May_30_2023	10.25	9.09	9.73	9.98	10.02	10.21	10.22(-0.58%)	UD	OpenLong	75	0.3	35	140	9	114	20.54	54%	0.2	19.2	4.1%	0.5	1.5	86	1.3
13	May_26_2023	10.23	9.01	9.58	9.88	9.88	9.99	10.28(5.11%)	UT	HoldLong	65	0.6	35	80	8	116	20.35	54%	0.1	7.3	4.02%	1.7	1.8	82	0.8
14	May_25_2023	10.22	8.93	9.41	9.77	9.8	9.82	9.78(-0.2%)	UD	OpenLong	75	0	30	20	2	113	18.97	51%	0.1	-5.5	4%	-0.5	1.2	81	0.2
15	May_24_2023	10.21	8.95	9.3	9.75	9.73	9.76	9.8(0%)	UT	HoldLong	50	0.1	36	20	5	129	13.24	51%	0.1	-4.1	4.04%	-0.6	1.2	84	-0.2

16	May_23_2023	10.2	8.94	9.19	9.67	9.66	9.77	9.8(0.41%)	UT	HoldLong	65	0.2	46	80	15	139	14.41	51%	0	-13.8	4.05%	0.3	1.2	78	0.9
17	May_22_2023	10.2	8.95	9.04	9.43	9.48	9.71	9.76(0.41%)	UT	OpenLong	75	0.4	41	190	15	118	17.58	51%	0	-26.7	4.06%	1	1.1	71	1.2
18	May_19_2023	10.2	8.96	8.91	9.22	9.18	9.55	9.72(0.31%)	UT	OpenLong	75	0.6	38	270	19	96	19.52	49%	0.1	-37.4	4.08%	1.1	1	61	1.6
19	May_18_2023	10.19	8.97	8.75	8.98	8.92	9.26	9.69(3.42%)	UT	OpenLong	75	0.9	29	250	17	66	32.33	49%	0.1	-48.1	4.12%	1.4	0.9	61	2.1
20	May_17_2023	10.18	8.98	8.57	8.8	8.71	8.81	9.37(8.83%)	UT	OpenLong	75	0.6	10	50	11	6	37.73	49%	0.1	-51.9	4.13%	1.8	0.4	38	1.6

21	May_16_2023	10.17	9.05	8.44	8.66	8.62	8.58	8.61(-1.03%)	DT	HoldShort	-50	-0.1	-7	-50	4	-38	20.29	42%	-0.1	-49.6	3.98%	0.2	-0.4	38	1.1
22	May_15_2023	10.18	9.16	8.44	8.59	8.63	8.61	8.7(1.75%)	DP	OpenShort	-65	0.1	-16	-0	3	-73	16.56	42%	0	-47	4.02%	0.9	-0.4	36	1.7
23	May_12_2023	10.18	9.27	8.4	8.54	8.54	8.66	8.55(-2.29%)	DP	OpenShort	-65	0	-22	100	5	-101	17.62	42%	0	-45.6	3.99%	-1.3	-0.7	34	1.2
24	May_11_2023	10.18	9.37	8.41	8.47	8.47	8.64	8.75(0.57%)	DP	OpenShort	-65	0.3	-21	140	13	-123	19.56	42%	0	-46.3	4.01%	1.2	-0.6	38	1.2
25	May_10_2023	10.18	9.47	8.56	8.31	8.33	8.42	8.7(5.2%)	DP	OpenShort	-65	0.4	-26	80	10	-132	38.27	42%		-48.8	4.05%	2	-0.7	37	1.1
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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