Trading Signals: SNAP Stock Price Prediction and Forecast

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Thu. Aug. 10, 2023

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

(Snap Inc.)
SNAP latest price $10.2200 (-2.11%) ($10.2100 - $10.7000) on Thu. Aug. 10, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.15% (three month average)
RSI   24
Latest Price   $10.2200(-2.11%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SNAP declines -1.1% a day on average for past five trading days.
Weekly Trend   SNAP declines -5.5% a week on average for past two weeks.
Market Behavior   Normal for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support SNAP advance at 0% a week (0% probability)
IBUY(62%)    FIVG(59%)    IYT(59%)    VT(59%)    IVE(58%)
Factors Impacting SNAP price   SNAP will decline at least -1.575% in a week (0% probabilities).
VXX(-53%)    VIXM(-49%)    TBT(-23%)    UUP(-20%)    USO(-17%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.575% (StdDev 3.15%)
Hourly BBV -1.5 ()
Intraday Trend -3.4%

1 - 5 Day Possible Target   $-8.74(-185.52%)
Resistance Level   $11.56
5 Day Moving Average   $10.5(-2.67%)
10 Day Moving Average   $10.74(-4.84%)
20 Day Moving Average   $11.56(-11.59%)
To recent high   -24.4%
To recent low   19.5%
Market Cap   $14.958b

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 10.38% (three month std-dev: 3.15%) daily (68% of days).

Sample size 3 Average positive next day return: 0%(0%) Average negative next day return: -3.23%(100%) Sample size 3 Average positive next three day return: 0%(0%) Average negative next three day return: -8.93%(100%) Sample size 3 Average positive next weekly return: 1.01%(33%) Average negative next weekly return: -13.78%(67%)

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	Aug_10_2023	10.66	11.56	10.74	10.5	10.5	10.45	10.22(-2.11%)	DT	HoldShort	-65	-0.2	-33	-30	-8	-108	15.62	78%	-0.09	-43.7	3.15%	-1.5	-1.1	24	-0.6
2	Aug_9_2023	10.67	11.73	10.76	10.62	10.61	10.46	10.44(-0.95%)	DT	HoldShort	-65	-0.2	-40	-100	-8	-135	14.4	78%	-0.09	-36.4	3.2%	0	-1.1	24	-0.6
3	Aug_8_2023	10.68	11.87	10.8	10.72	10.7	10.55	10.54(-0.28%)	DT	HoldShort	-65	-0.2	-50	-100	-13	-162	22.32	78%	0	-30.7	3.2%	-0.2	-1.1	24	-0.7
4	Aug_7_2023	10.68	11.99	10.98	10.87	10.85	10.76	10.57(-1.67%)	DT	HoldShort	-65	-0.3	-49	-60	-12	-161	16.66	78%	0	-26	3.21%	-1.8	-1.3	23	-0.6
5	Aug_4_2023	10.68	12.06	11.18	11.03	10.99	10.86	10.75(-0.37%)	DT	HoldShort	-65	-0.3	-39	-90	-1	-154	19.96	78%	0	-23.9	3.23%	-1.3	-1.2	23	-1.6

6	Aug_3_2023	10.68	12.11	11.37	11.02	11.03	10.94	10.79(-1.64%)	DT	HoldShort	-50	-0.2	-37	-50	4	-159	23.41	78%	0	-25.4	3.24%	-1.4	-1.3	28	-0.7
7	Aug_2_2023	10.68	12.18	11.58	10.92	10.94	10.94	10.97(-2.75%)	DP	OpenShort	-65	0.1	-41	120	3	-172	31.12	72%	0.09	-28	3.26%	-1.8	-1.2	27	-0.7
8	Aug_1_2023	10.67	12.25	11.78	10.88	10.82	11.12	11.28(-0.7%)	DT	OpenShort	-75	0.4	-50	180	-6	-181	19.54	72%	0.09	-27.3	3.3%	0.8	-1	31	1.2
9	Jul_31_2023	10.66	12.29	11.98	11.12	10.63	10.77	11.36(6.37%)	DP	OpenShort	-75	0.3	-50	-40	-14	-159	37.89	72%	0.09	-17.5	3.33%	1.6	-1	40	1.5
10	Jul_28_2023	10.65	12.32	12.19	11.39	11	10.52	10.68(3.39%)	DP	OpenShort	-75	-0.8	-52	-410	-26	-129	49.07	55%	0	-5.6	3.24%	2	-1.7	45	1.3

11	Jul_27_2023	10.65	12.38	12.45	11.8	11.56	10.49	10.33(-3.73%)	DT	OpenShort	-75	-1.7	-48	-710	-39	-74	65.18	56%	-0.09	12.7	3.9%	-0.7	-2.4	43	0.5
12	Jul_26_2023	10.66	12.47	12.78	12.32	12.15	11.48	10.73(-14.23%)	DT	OpenShort	-75	-2.1	-34	-430	-38	-23	137.63	56%	-0.09	43.2	3.95%	-1.1	-2.3	44	1.9
13	Jul_25_2023	10.67	12.52	13.06	12.79	12.79	12.64	12.51(-1.34%)	UD	OpenLong	65	-0.4	1	-80	-12	38	65.61	68%	0.09	76.1	3.5%	-1	-0	58	1.2
14	Jul_24_2023	10.66	12.46	13.1	12.97	12.98	12.82	12.68(-0.47%)	UD	OpenLong	65	-0.4	9	-80	-9	62	23.66	68%	0.19	81.3	3.5%	-1.3	0.3	61	1.6
15	Jul_21_2023	10.64	12.37	13.03	13.12	13.12	12.94	12.74(-1.47%)	UD	OpenLong	65	-0.5	13	-100	-8	77	21.38	68%	0.28	82.1	3.5%	-1.4	0.5	64	1.1

16	Jul_20_2023	10.61	12.28	12.94	13.21	13.22	13.14	12.93(-1.37%)	UD	OpenLong	65	-0.3	16	-40	-8	86	20.41	61%	0.28	80.4	3.5%	-1.8	0.7	68	1.4
17	Jul_19_2023	10.58	12.15	12.84	13.32	13.31	13.3	13.11(-1.94%)	UD	OpenLong	65	-0.2	23	-10	-3	100	28.52	61%	0.28	78.4	3.64%	-0.2	1	71	1.5
18	Jul_18_2023	10.55	12.02	12.75	13.37	13.4	13.31	13.37(-0.74%)	UD	OpenLong	75	0	34	-40	5	119	33.08	61%	0.38	81.9	3.63%	0.3	1.4	77	1.9
19	Jul_17_2023	10.51	11.89	12.61	13.25	13.38	13.33	13.47(2.43%)	UT	HoldLong	65	0.2	42	0	14	127	28.92	61%	0.38	84.9	3.63%	0.8	1.6	81	1.4
20	Jul_14_2023	10.47	11.74	12.45	12.91	13.16	13.49	13.15(-2.66%)	UD	OpenLong	75	0.3	42	230	17	118	26.98	61%	0.29	80.5	3.63%	-1.1	1.5	82	1.2

21	Jul_13_2023	10.44	11.6	12.3	12.62	12.77	13.44	13.51(1.05%)	UT	HoldLong	65	1	49	400	26	116	40.03	61%	0.29	72.9	3.61%	1.1	2.1	89	1
22	Jul_12_2023	10.41	11.43	12.1	12.3	12.32	12.84	13.37(4.95%)	UT	HoldLong	65	1.4	46	300	24	111	40.51	61%	0.39	68.7	3.61%	1.2	2.5	90	1.1
23	Jul_11_2023	10.37	11.26	11.9	12.05	12	12.11	12.74(8.15%)	UT	HoldLong	65	1	35	50	12	103	43.92	58%	0.29	66.4	3.56%	1.6	2.1	78	-0.3
24	Jul_10_2023	10.34	11.12	11.75	11.9	11.91	11.81	11.78(0.86%)	UD	OpenLong	65	-0.2	24	-60	-2	100	20.14	53%	0.1	62.4	3.42%	-0.7	1	70	-0.5
25	Jul_7_2023	10.33	11.05	11.66	11.91	11.94	11.88	11.68(-1.93%)	UD	OpenLong	65	-0.3	25	-30	-2	106	24.26	53%		60.8	3.43%	-1.4	0.9	69	-0.3
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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