RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SNPO
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Red day on Friday for Snap One Holdings Corp.
(Updated on Jul 19, 2024)

Buy or Hold candidate since Apr 15, 2024 Gain 1.99% PDF

No changes to the price of Snap One Holdings Corp. stock on the last trading day (Friday, 19th Jul 2024). During the last trading day the stock fluctuated 0% from a day low at $10.75 to a day high of $10.75. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The stock lies in the lower part of a narrow and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $10.73 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.14% during the next 3 months and, with a 90% probability hold a price between $10.96 and $11.08 at the end of this 3-month period.

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SNPO Signals & Forecast

The Snap One Holdings Corp. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $10.75 and $10.74. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, July 18, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Snap One Holdings Corp. stock

Snap One Holdings Corp. finds support from accumulated volume at $10.72 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: $10.32 (-4.00%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)

Trading Expectations (SNPO) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect Snap One Holdings Corp. to open at $10.75, and during the day (based on 14 day Average True Range), to move between $10.74 and $10.76, which gives a possible trading interval of +/-$0.0051 (+/-0.05%) up or down from last closing price. If Snap One Holdings Corp. takes out the full calculated possible swing range there will be an estimated 0.10% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $10.72, some $0.0300 (0.28%) from the current price of $10.75, our system finds the risk reward attractive.

Is Snap One Holdings Corp. stock A Buy?

Snap One Holdings Corp. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Snap One Holdings Corp. of Monday, July 22, 2024

Fair opening price July 22, 2024 Current price
$10.75 ( 0%) $10.75

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for SNPO

Fibonacci Support & Resistance Levels

Level Price
R3 10.75 -
R2 10.75 -
R1 10.75 -
Price 10.75
S1 10.75 -
S2 10.75 -
S3 10.75 -

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 0 -
Price 10.75
S1 10.72 -0.279%
S2 10.72 -0.326%
S3 10.70 -0.465%

FAQ

What is the symbol for Snap One Holdings Corp. Stock and on which exchange is it traded?
The symbol for Snap One Holdings Corp. is SNPO and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Snap One Holdings Corp. Stock?
Snap One Holdings Corp. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Snap One Holdings Corp. Stock?
Snap One Holdings Corp. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Snap One Holdings Corp. Stock.

What's the current price of Snap One Holdings Corp. Stock?
As of the end of day on the Jul 19, 2024, the price of an Snap One Holdings Corp. (SNPO) share was $10.75.

What is the 52-week high and low for Snap One Holdings Corp. Stock?
The 52-week high for Snap One Holdings Corp. Stock is $11.22 and the 52-week low is $6.70.

What is the market capitalization of Snap One Holdings Corp. Stock?
As of the Jul 19, 2024, the market capitalization of Snap One Holdings Corp. is 822.758M.

When is the next earnings date for Snap One Holdings Corp.?
The upcoming earnings date for Snap One Holdings Corp. is Aug 13, 2024.
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About Snap One Holdings Corp.

Snap One Holdings . Snap One Holdings Corp. provides smart living solutions in the United States and internationally. The company offers end-to-end product and software ecosystem and technology-enabled workflow solutions. It also provides connected products, including networking, control and lighting, surveillance, and power products; entertainment products for indoor and outdoor solutions, such as media distribution products, as well as audio and video products; an... SNPO Profile

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