Since tracking began
$SNAP has been tracked since 2026-03-01. It was down 49.5% from its 52-week high then — now down -43.5%.
Roughly where it joined — no recovery, no further break. It bottomed 62.2% below that high along the way.
Decline from the 52-week high as it stood on 2026-03-02 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
SNAP qualifies for the Red List on decline depth.
The structural read
What price action says about SNAP.
SNAP qualifies for the Red List on decline depth — down -43.5% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy.
Upstream TFC read: weak alignment, current phase daily. Last bar types — daily 1 (red), weekly 2D (red), monthly 2U (green).
Earnings on file: 2026-05-06. Tiering is unaffected by earnings dates — listings reflect price structure only.
Questions about SNAP
What people ask.
Why is SNAP on Broken Stocks?
SNAP qualifies for the Red List on decline depth. It is down -43.5% from its rolling 252-day high of $9.28, set on 2025-09-22 — 335d ago.
Is SNAP a falling knife?
Not by the strict technical definition. SNAP is down -43.5% from its 52-week high, but that high was set 335d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. SNAP is still on the Red List for decline depth, but the freshness component of a falling knife is missing.
Is SNAP a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is SNAP trading inside its 52-week range?
At $5.24, SNAP sits 21.7% of the way from its 52-week low ($3.81) to its 52-week high ($10.41). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has SNAP been declining?
The current 43.5% decline accrued over 335d, which annualizes to roughly -47.4% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does SNAP compare to its sector?
There are 35 other Communication Services tickers on Broken Stocks: 16 Red, 10 Amber, 9 Watch, with 13 showing recovering structural signals. Median sector decline is -37.2% — SNAP's decline is deeper than the sector median.
Does SNAP's earnings date affect its tier?
No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-05-06) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.