![]() Investing in or trading crypto or stock comes with a risk of financial loss. The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. The analysts have a wide range of price targets from $6.50 to $15. ![]() The company is yet to announce its quarterly results post which it might decide a new trend. ![]() The long-term outlook shows a sideways trend with none of the buyers and sellers dominating the trend. The stock price fell sharply after slipping below the 50-day EMA and persists in a bearish outlook for the current quarter. stock price illustrates a two-week consolidation near the recent swing low of $7.92. The companys shares already dropped by -27 in a single day to. The overall technical indicators including RSI and MACD opinion rating for the SNAP stock is an 88% “sell” with the strongest short-term outlook on maintaining the current trend. SNAPs share price has fallen by -34 from 75.11 as of Octoto 49.26 as of Novemin the past one month. The analysts expect revenue of $1.11 Billion and earnings of -$0.241 Million. The Wall Street analysts are estimating better quarterly results as compared to the last quarter. Snaps (SNAP-0.23) Snapchat is a popular social media app that intends to make the camera more fun. The company is yet to announce its current quarter results on Tuesday, post which it might see a new trend. is headquartered in Santa Monica, California, United States, and is a camera and social media company. The range has been over 400 days with none of the bulls and bears dominating the overall trend in the long term. The daily chart illustrates a sideways trend in the long term with the price hovering in a 50% range with major support at $7.90 and major resistance at $12.30. However, the stock price declined in the current quarter hence, wiping out all the gains. The price trend analysis illustrates that the stock price surged from a low of $7.92 and made a one-way movement to reach a high of $13.89 thus gaining almost 50%. The stock price showed a weakness over the charts with bears gaining control when it slipped below the 50-day EMA. Snap Inc.’s stock price chart elaborates on a consolidation of over two weeks and nearing the recent swing low. ![]() 3 The company is yet to announce its quarterly results on Tuesday, 24th October post which the stock price might show a trending move.2 Snap share (NYSE: SNAP) price declined sharply after the price slipped below its 50-day EMA.1 Snap stock price slid 1.26% in intraday on Friday and closed at $8.63. ![]()
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