| Snap-on is a manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for users performing tasks including those working in vehicle repair, aerospace, the military, natural resources, and manufacturing. Co.'s reportable business segments are: Commercial and Industrial Group, which consists of business operations serving a range of industrial and commercial customers worldwide; Snap-on Tools Group, which consists of business operations primarily serving vehicle service and repair technicians; Repair Systems and Information Group, which consists of business operations serving other vehicle repair customers worldwide; and Financial Services.
When researching a stock like Snap-On, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from SNA Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for SNA stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the SNA 200 day moving average ("SNA 200 DMA"), while one of the most popular "shorter look-backs" is the SNA 50 day moving average ("SNA 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Snap-On. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the SNA 200 DMA and the SNA 50 DMA, we get a moving average convergence divergence indicator ("SNA MACD"). The SNA MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart).