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Downtrend Call Working As Snap-On Inc Stock Falls 15.3% (SNA)

By Amy Schwartz

SmarTrend identified a Downtrend for Snap-On Inc (NYSE:SNA) on January 30th, 2018 at $173.72. In approximately 3 months, Snap-On Inc has returned 15.35% as of today's recent price of $147.06.

In the past 52 weeks, shares of Snap-On Inc have traded between a low of $140.83 and a high of $185.47 and are now at $147.06, which is 4% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has remained constant.

Snap-on Incorporated develops, manufactures, and distributes tool and equipment solutions worldwide. The Company's products include hand and power tools, diagnostics and shop equipment, tool storage products, diagnostics software, and other solutions for the automotive service industry. Customers include professional service technicians and motor service shop owners, among others.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Snap-On Inc.

Log in and add Snap-On Inc (SNA) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights snap-on inc

Ticker(s): SNA