| SNAP latest price $9.8900 (4.66%) ($9.4250 - $9.9000) on Tue. Aug. 29, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.01% (three month average) |
| RSI | 37 |
| Latest Price | $9.8900(4.66%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SNAP advances 1.4% a day on average for past five trading days. |
| Weekly Trend | SNAP declines -2.7% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support SNAP advance at 0% a week (0% probability)
IBUY(60%) SKYY(59%) IYT(58%) VT(58%) EWI(57%) |
| Factors Impacting SNAP price | SNAP will decline at least -1.505% in a week (0% probabilities).
VXX(-53%) VIXM(-50%) USO(-22%) UUP(-19%) TBT(-18%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
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| Relative Volatility | |
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| Market Trend Strength | -1.505% (StdDev 3.01%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 4.3% |
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