uploads///chart

Snap’s Technical Indicators: A Peer Comparison

By

Apr. 11 2017, Updated 8:05 a.m. ET

Technical indicators

Traders and investors analyze technical indicators when making market entry and exit decisions. Moving averages and the RSI (relative strength index) are among the most widely used technical indicators.

Article continues below advertisement

20-day moving averages

On April 4, 2017, Snap was trading 0.64% above its 20-day moving average. In comparison, Facebook (FB) was trading about 1.2% above its 20-day moving average, and PayPal (PYPL) was trading 0.65% below its 20-day moving average. Baidu (BIDU) was trading 1.9% above its 20-day moving average, and Twitter (TWTR) was trading 2.1% below its 20-day moving average.

Relative strength index

Snap currently has a 14-day RSI reading of 60. In comparison, Facebook has a 14-day RSI reading of 70. That leads traders to believe that the stocks are currently overbought. Baidu, Twitter, and PayPal have 14-day RSI readings of 55, 40, and 57, respectively.

Advertisement

More From Market Realist

  • CONNECT with Market Realist
  • Link to Facebook
  • Link to Twitter
  • Link to Instagram
  • Link to Email Subscribe
Market RealistLogo
Do Not Sell My Personal Information

© Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.