Snap-on (SNA, $279.86) RSI Indicator left the overbought zone on December 01, 2023

#IndustrialMachinery, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #LargeCap, #SP500
SNA - Snap-on
RSI signal
Bearish Trend
61%
Odds of DOWN Trend
Price: $279.86
Daily change: +$5.17 (+1.88%)
Daily volume: 262.6K
Industry: Industrial Machinery

This is a signal that SNA's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 38 similar cases where SNA's RSI Indicator left the overbought zone, and in 23 of them led to a successful outcome. Odds of Success: 61%.