| SNOW latest price $260.5400 (5.04%) ($250.7350 - $262.2700) on Wed. Nov. 18, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.75% (three month average) |
RSI | 46 |
Latest Price | $260.5400(5.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SNOW advances 1.7% a day on average for past five trading days. |
Weekly Trend | SNOW declines -2.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SNOW advance at 0% a week (0% probability) IPO(74%) IBUY(65%) SKYY(65%) ONLN(63%) IWF(62%) |
Factors Impacting SNOW price | SNOW will decline at least -2.375% in a week (0% probabilities). VIXM(-32%) UUP(-13%) VXX(-11%) TBT(-9%) EDOC(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.375% (StdDev 4.75%) |
Hourly BBV | 0 () |
Intraday Trend | 3% |
| |
|
|