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Snap-On Inc Shares Down -2.8% Since SmarTrend's Sell Call (SNA)

By David Diaz

SmarTrend identified a Downtrend for Snap-On Inc (NYSE:SNA) on September 24th, 2019 at $154.34. In approximately 2 weeks, Snap-On Inc has returned 2.79% as of today's recent price of $158.65.

In the past 52 weeks, shares of Snap-On Inc have traded between a low of $135.29 and a high of $180.46 and are now at $158.65, which is 17% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-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