Founded in 2010 and headquartered in Venice, California, Snap Inc. (fka Snapchat, Inc.) operates as a camera company offering a camera application that helps people to communicate through short videos and images. Initially priced at $17, SNAP stock IPO’d on March 2 2017 and reached $29.44 on day 2 of trading.
SNAP Stock Options are a nice, low priced choice – especially towards the end of a week.
2020 Range: (7.89 – 54.71)
2020 Close: 50.07
Get this week and next week’s SNAP Options Trade Forecast view by clicking here
Weekly Chart
Daily Chart
5 Day Chart
Get the SNAP Monthly and LEAP Options Trade Forecast view by clicking here
Pivot Points
(updated weekly)
| Support/Resistance Levels | Price | Key Turning Points |
|---|---|---|
| 14 Day RSI at 80% | 99.84 | |
| 14 Day RSI at 70% | 79.68 | |
| 52-Week High | 73.59 | |
| 13-Week High | 70.24 | |
| 1-Month High | 70.24 | |
| 65.66 | 38.2% Retracement From 4 Week High | |
| 64.25 | 50% Retracement From 4 Week High/Low | |
| 63.55 | 14 Day RSI at 50% | |
| 62.84 | 38.2% Retracement From 4 Week Low | |
| 62.47 | 38.2% Retracement From 13 Week High | |
| 60.07 | 50% Retracement From 13 Week High/Low | |
| Last | 59.31 | Last |
| 1-Month Low | 58.26 | |
| 57.67 | 38.2% Retracement From 13 Week Low | |
| 53.35 | 38.2% Retracement From 52 Week High | |
| 14 Day RSI at 30% | 53.08 | |
| 13-Week Low | 49.90 | |
| 47.10 | 50% Retracement From 52 Week High/Low | |
| 40.85 | 38.2% Retracement From 52 Week Low | |
| 14 Day RSI at 20% | 39.99 | |
| 52-Week Low | 20.61 |
10 Day / 15 Min Chart
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One day you will wake up, check your phone and see futures down 1-2%. You think they will go green but they dont. The market opens and starts cascading down. The dip is bought as a Pavlovian response yet we sink further. Everyone realizes “this is it” and heads to the exit….
