Snapchat has been on a downward trend for a long time. When this happens, it is good to look for divergences in price.
Fisher Transform: It looks as though the oscillator has made a higher low while the price has made a lower low. This is a sign for a bullish divergence.
Based on RSI it looks like SNAP is oversold and could see a short term increase in price.
Fisher Transform: It looks as though the oscillator has made a higher low while the price has made a lower low. This is a sign for a bullish divergence.
Based on RSI it looks like SNAP is oversold and could see a short term increase in price.