The best indicator for Snap-on (SNA)
We backtested 20 indicators across daily, weekly and hourly charts on real Snap-on (SNA) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Money Flow Index
On the daily chart, this is the strongest risk-adjusted edge we found for Snap-on (SNA) over ~53.3 years — trailing buy-and-hold by 2.0% CAGR.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Money Flow Index ✓ | Daily | 7.4% | 0.47 | -59.1% | 76.5% | 68 | -2.0% |
| 2 | WaveTrend (8/6/4) ✓ | Weekly | 7.3% | 0.46 | -57.7% | 80.5% | 41 | -2.3% |
| 3 | CCI ✓ | Weekly | 5.3% | 0.37 | -57.7% | 83.0% | 53 | -4.2% |
| 4 | EMA 20/50 Cross ✓ | Daily | 5.1% | 0.35 | -56.4% | 42.7% | 124 | -4.3% |
| 5 | Williams %R ✓ | Daily | 5.1% | 0.35 | -61.9% | 71.4% | 336 | -4.4% |
| 6 | Holy Grail Confluence ✓ | Weekly | 4.6% | 0.35 | -59.5% | 88.2% | 17 | -5.0% |
| 7 | Stochastic ✓ | Daily | 4.7% | 0.33 | -66.5% | 71.6% | 257 | -4.8% |
| 8 | WaveTrend (8/6/4) ✓ | Daily | 4.6% | 0.32 | -58.6% | 70.4% | 196 | -4.9% |
| 9 | Williams %R ✓ | Weekly | 4.2% | 0.31 | -59.5% | 67.6% | 68 | -5.4% |
| 10 | Holy Grail Confluence ✓ | Daily | 3.8% | 0.3 | -55.0% | 74.7% | 83 | -5.6% |
| 11 | Money Flow Index ✓ | Weekly | 5.1% | 0.45 | -47.0% | 100.0% | 10 | -4.5% |
| 12 | Bollinger Mean-Reversion ✓ | Daily | 3.5% | 0.29 | -51.8% | 69.3% | 228 | -5.9% |
| 13 | CCI ✓ | Daily | 3.7% | 0.29 | -61.8% | 72.2% | 259 | -5.7% |
| 14 | MACD ✓ | Weekly | 3.6% | 0.28 | -51.8% | 50.4% | 117 | -6.0% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Snap-on (SNA), Money Flow Index on the daily timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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