- Beat earnings estimates in 3 of the last 4 quarters
- Solid financial health (Piotroski 6/9)
- High gross margin of 55.8%
Snapchat stock price ended at $5.73 on Wednesday, after losing 0.695%
(Updated on Jun 03, 2026)
The Snapchat stock price fell by -0.695% on the last day (Wednesday, 3rd Jun 2026) from $5.77 to $5.73. During the last trading day the stock fluctuated 3.14% from a day low at $5.58 to a day high of $5.76. The price has risen in 7 of the last 10 days and is up by 3.34% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -4 million shares and in total, 33 million shares were bought and sold for approximately $190.66 million.
The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 28.15% during the next 3 months and, with a 90% probability hold a price between $6.43 and $8.72 at the end of this 3-month period.
SNAP Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Snapchat stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $5.80 and $5.83. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 01, 2026, and so far it has fallen -8.83%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Snapchat stock
Snapchat finds support from accumulated volume at $5.65 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.175 between high and low, or 3.14%. For the last week, the stock has had daily average volatility of 3.60%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (SNAP) For The Upcoming Trading Day Of Thursday 4th
For the upcoming trading day on Thursday, 4th we expect Snap Inc. to open at $5.69, and during the day (based on 14 day Average True Range), to move between $5.59 and $5.87, which gives a possible trading interval of +/-$0.284 (+/-5.08%) up or down from last closing price. If Snap Inc. takes out the full calculated possible swing range there will be an estimated 5.08% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $5.65 (1.40%) than the resistance at $5.99 (4.45%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Snap Inc. stock A Buy?
The Snapchat stock holds several negative signals and despite the positive trend, we believe Snapchat will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score:
-5.724
Strong Sell Candidate
Unchanged
Predicted Fair Opening Price
Predicted fair opening price on June 4, 2026 - $5.69 ( 0.727%).
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SNAP Performance
Trading levels for SNAP
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 5.86 | 2.33% |
| R2 | 5.80 | 1.16% |
| R1 | 5.76 | 0.439% |
| Price | 5.73 | |
| S1 | 5.62 | -1.89% |
| S2 | 5.58 | -2.61% |
| S3 | 5.51 | -3.78% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 6.03 | 5.24% |
| R2 | 6.02 | 5.06% |
| R1 | 5.99 | 4.45% |
| Price | 5.73 | |
| S1 | 5.65 | -1.40% |
| S2 | 5.61 | -2.09% |
| S3 | 4.60 | -19.72% |
FAQ
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