Trading Signals: SNAP Stock Price Prediction and Forecast

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Fri. Dec. 22, 2023

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

(Snap Inc.)
SNAP latest price $17.0550 (-1.02%) ($16.9000 - $17.3200) on Fri. Dec. 22, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.7% (three month average)
RSI   85
Latest Price   $17.0550(-1.02%)
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 7.2% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support SNAP advance at 0% a week (0% probability)
TLT(95%)    BOTZ(93%)    EEM(93%)    SKYY(91%)    VT(91%)
Factors Impacting SNAP price   SNAP will decline at least -1.35% in a week (0% probabilities).
VIXM(-79%)    TBT(-17%)    BNDX(30%)    VXX(-65%)    SHY(22%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.35% (StdDev 2.7%)
Hourly BBV 0 ()
Intraday Trend -0.6%

5 Day Moving Average   $17.02(0.21%)
10 Day Moving Average   $16.72(2%)
20 Day Moving Average   $15.44(10.46%)
To recent high   -1%
To recent low   104.5%
Market Cap   $24.962b

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 10.36% (three month std-dev: 2.7%) daily (68% of days).

Sample size 18 Average positive next day return: 3.09%(61%) Average negative next day return: -4.76%(39%) Sample size 18 Average positive next three day return: 7.63%(67%) Average negative next three day return: -7.75%(33%) Sample size 18 Average positive next weekly return: 7.87%(67%) Average negative next weekly return: -10.47%(33%)

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	Dec_22_2023	10.95	15.44	16.72	17.02	16.95	17.08	17.06(-1.02%)	UD	OpenLong	75	0	43	40	3	161	7.18	82%	0.64	81.3	2.7%	0	1	85	1.4
2	Dec_21_2023	10.88	15.22	16.54	16.99	16.99	16.96	17.23(3.8%)	UT	HoldLong	65	0.2	50	-10	6	180	34.27	77%	0.55	84.3	2.69%	1.4	1.3	88	0.6
3	Dec_20_2023	10.82	14.98	16.3	16.93	16.97	16.82	16.6(-3.38%)	UD	OpenLong	65	-0.2	45	-50	-3	188	28.21	76%	0.46	82.5	2.75%	-1.8	1	88	0.3
4	Dec_19_2023	10.77	14.76	16.13	16.9	16.96	17.03	17.18(0.94%)	UT	HoldLong	65	0.2	66	40	12	228	52.54	80%	0.56	79.8	2.7%	0.7	1.4	99	0.7
5	Dec_18_2023	10.71	14.5	15.87	16.64	16.82	17.11	17.02(0.59%)	UT	HoldLong	65	0.2	76	150	20	242	49.72	80%	0.66	79.1	2.7%	-0	1.5	99	0.8

6	Dec_15_2023	10.64	14.24	15.6	16.38	16.43	16.9	16.92(-0.12%)	TP	CloseLong	-10	0.3	82	210	26	251	35.55	80%	0.57	78.3	2.75%	0.5	1.6	99	0.8
7	Dec_14_2023	10.58	14	15.32	16.02	16.14	16.54	16.94(2.98%)	UT	HoldLong	65	0.6	91	200	36	257	39.72	80%	0.57	78.6	2.74%	1.3	1.9	100	1.6
8	Dec_13_2023	10.52	13.75	15	15.58	15.66	15.96	16.45(3.79%)	UT	HoldLong	65	0.6	80	150	25	244	26.6	79%	0.38	79.9	2.75%	2.9	1.9	100	1.4
9	Dec_12_2023	10.48	13.53	14.66	15.24	15.27	15.73	15.85(0.63%)	UT	HoldLong	65	0.5	74	220	21	233	27.37	77%	0.38	84.7	2.77%	0.8	1.8	100	1.6
10	Dec_11_2023	10.44	13.3	14.36	14.99	15.08	15.35	15.75(4.37%)	UT	HoldLong	65	0.6	78	140	27	232	32.15	77%	0.29	84.5	2.77%	1.3	1.9	97	1.4

11	Dec_8_2023	10.41	13.07	14.05	14.71	14.74	14.82	15.09(2.24%)	UT	HoldLong	65	0.3	65	40	12	223	20.71	72%	0.19	86	2.73%	1	1.7	97	1.2
12	Dec_7_2023	10.39	12.88	13.8	14.52	14.55	14.81	14.76(-0.07%)	UD	OpenLong	75	0.2	65	130	14	217	15.13	72%	0.19	88.5	2.78%	-0.2	1.6	90	1
13	Dec_6_2023	10.37	12.7	13.55	14.33	14.36	14.66	14.77(1.16%)	UT	HoldLong	65	0.4	76	150	29	215	27.13	64%	0.1	93.2	2.77%	0.7	1.9	86	1.2
14	Dec_5_2023	10.36	12.5	13.28	13.97	14.06	14.28	14.6(2.06%)	UT	HoldLong	65	0.6	62	130	25	171	18.1	64%	0.1	93.5	2.97%	2	2	85	1.3
15	Dec_4_2023	10.35	12.31	13.03	13.62	13.71	14.06	14.31(1.17%)	UT	HoldLong	65	0.7	57	200	24	156	17.75	64%	0.1	94.4	2.97%	1.6	2	88	1.4

16	Dec_1_2023	10.34	12.12	12.78	13.29	13.34	13.85	14.14(2.24%)	UT	HoldLong	65	0.9	56	280	28	139	23.4	64%	0.1	99.3	2.99%	1	2.2	87	1.3
17	Nov_30_2023	10.33	11.93	12.56	12.97	13.01	13.36	13.83(6.55%)	UT	HoldLong	65	1	53	200	28	126	51.13	64%	0	103.7	2.97%	1.3	2.2	87	1.4
18	Nov_29_2023	10.33	11.74	12.39	12.67	12.66	12.84	12.98(1.09%)	UT	HoldLong	65	0.4	41	100	16	114	15.29	63%	0.1	100.6	2.88%	1.3	1.5	84	1.3
19	Nov_28_2023	10.32	11.59	12.3	12.48	12.48	12.65	12.84(1.26%)	UT	HoldLong	65	0.4	39	100	13	115	14.86	63%	0.1	94.4	2.92%	1	1.5	85	1.5
20	Nov_27_2023	10.31	11.44	12.15	12.34	12.3	12.49	12.68(1.28%)	UT	HoldLong	65	0.4	38	100	13	114	16.19	63%	0.1	88.7	2.93%	1.6	1.4	86	1.3

21	Nov_24_2023	10.3	11.27	12.02	12.19	12.17	12.3	12.52(1.71%)	UT	HoldLong	65	0.4	35	70	10	110	10.8	63%	-0.19	77.9	2.94%	0	1.3	86	1.4
22	Nov_22_2023	10.32	11.11	11.89	12.1	12.03	12.12	12.31(2.07%)	UT	HoldLong	65	0.2	32	40	4	117	10.11	63%	0.19	67.5	2.91%	1.2	1.2	87	1.2
23	Nov_21_2023	10.3	10.96	11.78	12.07	11.99	12.04	12.06(-0.74%)	UD	OpenLong	75	-0	35	10	0	139	10.26	63%	0.1	66.3	2.91%	0.3	1.1	88	1.3
24	Nov_20_2023	10.29	10.84	11.68	12.09	12.03	11.94	12.15(2.19%)	UT	HoldLong	65	0.1	48	-70	9	166	14.54	63%	0	67.8	2.92%	1.3	1.3	90	1.4
25	Nov_17_2023	10.29	10.71	11.54	11.92	12.07	11.95	11.89(-1.49%)	UD	OpenLong	75	-0	46	-30	5	170	22.11	63%		63.5	2.91%	-0.7	1.2	90	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