Trading Signals: SNOW Stock Price Prediction and Forecast

^ SNOW: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Jan. 6, 2021

Trading Signals: SNOW Stock Price Prediction and Forecast (Wed. Sep. 16, 2020 - Fri. Dec. 22, 2023)

(Snowflake Inc)
SNOW latest price $268.0200 (-5.57%) ($266.4100 - $283.6390) on Wed. Jan. 6, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.88% (three month average)
RSI   27
Latest Price   $268.0200(-5.57%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SNOW declines -2.5% a day on average for past five trading days.
Weekly Trend   SNOW declines -8.1% a week on average for past two weeks.
Market Behavior   Rotation from growth to value for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support SNOW advance at 0% a week (0% probability)
IPO(75%)    IBUY(67%)    SKYY(66%)    ONLN(65%)    IWF(64%)
Factors Impacting SNOW price   SNOW will decline at least -2.44% in a week (0% probabilities).
VIXM(-34%)    UUP(-13%)    VXX(-12%)    TBT(-9%)    USO(2%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.44% (StdDev 4.88%)
Hourly BBV -2.1 ()
Intraday Trend -4.3%

Resistance Level   $323.14
5 Day Moving Average   $282.48(-5.12%)
10 Day Moving Average   $300.1(-10.69%)
20 Day Moving Average   $323.14(-17.06%)
To recent high   -31.3%
To recent low   14.1%
Market Cap   $75.85b

$. SNOW price fluctuates within 9.18% (three month std-dev: 4.88%) daily (68% of days).

Sample size 30 Average positive next day return: 4.58%(33%) Average negative next day return: -4.18%(67%) Sample size 30 Average positive next three day return: 8.63%(43%) Average negative next three day return: -5.1%(57%) Sample size 30 Average positive next weekly return: 7.6%(50%) Average negative next weekly return: -8.35%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210206

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jan_6_2021	277.7	323.14	300.1	282.48	282.95	279.41	268.02(-5.57%)	DT	OpenShort	-75	-0.5	-104	-80	-93	-137	5.7	56%	-0.04	-52.6	4.88%	-2.1	-1.9	27	-0.4
2	Jan_5_2021	277.82	329.18	308.21	289.69	290.01	283.22	283.83(2.01%)	DP	OpenShort	-75	-0.2	-81	-160	-72	-109	5.18	59%	0.03	-37.1	4.83%	-0.7	-1.5	31	-0.5
3	Jan_4_2021	277.74	334.35	313.32	293.48	295.3	286.48	278.24(-1.12%)	DT	HoldShort	-65	-0.5	-162	-190	-168	-145	3.93	59%	0	-25.2	4.87%	-1.3	-1.8	22	-1.6
4	Dec_31_2020	277.73	337.75	318.39	302.44	303.4	296.8	281.4(-6.49%)	DT	HoldShort	-65	-0.7	-142	-140	-145	-133	5.28	56%	0.01	-13.4	4.95%	-2.3	-1.9	19	1.2
5	Dec_30_2020	277.69	338.9	323.6	312.49	312.97	304.11	300.92(-1.03%)	DT	HoldShort	-65	-0.4	-121	-190	-122	-119	2.61	59%	0.12	-2.8	4.89%	-1.1	-1.3	23	1.3

6	Dec_29_2020	277.37	339.54	326.61	320.54	321.31	310	304.05(0.41%)	DP	OpenShort	-75	-0.6	-185	-240	-196	-152	4.79	59%	0.13	10	4.91%	0.3	-1.2	21	0.2
7	Dec_28_2020	277	340.91	329.38	329.7	331.74	321.83	302.81(-6.26%)	DT	HoldShort	-65	-1	-151	-190	-155	-137	4.7	62%	0.13	29.9	4.92%	0.3	-1.4	20	1.2
8	Dec_24_2020	276.63	342.5	334.58	335.99	338.01	332.61	323.04(-2.6%)	DT	HoldShort	-65	-0.5	-105	-90	-101	-115	2.19	65%	0.24	50.5	4.93%	-2.4	-0.7	24	1.3
9	Dec_23_2020	275.97	341.82	339.36	336.49	339.41	341.65	331.65(-2.79%)	DT	OpenShort	-75	-0.2	-23	70	-8	-67	2.73	61%	0.29	57.1	4.94%	-0.9	-0.4	51	0.5
10	Dec_22_2020	275.16	339.71	343.11	336.15	337.93	343.41	341.16(-2.48%)	N/A	N/A	0	0.2	68	130	92	-5	4.68	61%	0.35	57.6	5.03%	0.3	0	67	-0.7

11	Dec_21_2020	274.19	336.69	347.56	333.64	333.44	337.17	349.85(4.67%)	UT	OpenLong	75	0.5	67	80	85	12	5.85	61%	0.41	55.4	5.02%	2	0.4	64	-1.6
12	Dec_18_2020	273.06	332.78	351.06	329.5	327.86	332.45	334.25(2.68%)	N/A	N/A	0	0.1	8	80	12	-6	8.09	61%	0.34	52.3	5.04%	0.1	0	55	1.2
13	Dec_17_2020	272.14	329.61	356.28	333.45	329.61	329.72	325.54(-1.34%)	UD	OpenLong	75	-0.2	14	-30	12	19	3.7	57%	0.31	56	5.07%	-0.2	-0.1	53	1.6
14	Dec_16_2020	271.31	326.73	358.28	342.99	336.45	323.26	329.97(0.41%)	DP	OpenShort	-75	-0.3	-99	-330	-129	-8	6.42	57%	0.34	62.9	5.24%	0.5	0.1	60	1.5
15	Dec_15_2020	270.4	323	355.57	351.25	347.01	329.49	328.61(-0.16%)	DT	OpenShort	-75	-0.5	-236	-390	-296	-54	20.27	57%	0.35	66.7	5.29%	-0.8	0.1	65	0.8

16	Dec_14_2020	269.47	319.03	354.09	363.53	363.45	349.64	329.15(-7.01%)	CR	SmallShort	-20	-0.7	-172	-270	-232	8	6.93	57%	0.36	72.2	5.33%	-1.3	0.2	66	-0.6
17	Dec_11_2020	268.51	314.67	354.32	375.49	377.65	364.54	353.96(-5.18%)	CR	SmallShort	-20	-0.4	-109	-230	-173	83	6.34	59%	0.52	73.7	5.28%	-1.1	0.8	73	0.3
18	Dec_10_2020	267.11	308.89	352.03	382.24	385.63	377.26	373.28(0.54%)	N/A	N/A	0	-0.2	-44	-130	-110	156	4.88	59%	0.67	74	5.27%	-0.7	1.2	78	0.9
19	Dec_9_2020	265.34	302.22	345.19	375.56	383.56	390.77	371.26(-4.81%)	UD	OpenLong	75	-0.1	121	200	81	241	8.94	59%	0.68	69	5.31%	-1.3	1.3	78	1
20	Dec_8_2020	263.55	295.35	336.55	359.85	366.7	393.99	390(0.27%)	UT	HoldLong	65	0.6	329	580	330	325	11.27	59%	0.83	57.9	5.31%	0.2	1.8	84	1.6

21	Dec_7_2020	261.37	287.55	324.89	342.98	340.9	376.35	388.96(0.32%)	UT	HoldLong	65	1	439	710	465	360	8.08	59%	0.86	50.4	5.35%	0	2.1	85	1.1
22	Dec_4_2020	259.13	280.85	312.35	330.35	322.01	339.42	387.7(14.07%)	UT	HoldLong	65	1.4	360	300	375	315	18.46	59%	0.9	50.9	5.4%	0	2.6	86	1.2
23	Dec_3_2020	256.83	274.08	299.51	318.57	313.6	305.46	339.89(16.13%)	UT	HoldLong	65	0.7	50	-230	10	169	11.1	55%	0.59	53	5.15%	0	2	82	0.9
24	Dec_2_2020	255.32	269.93	291.45	311.2	314.89	304.6	292.69(-4.24%)	CR	SmallShort	-20	-0.6	-103	-190	-173	108	3.58	48%	0.27	51.4	4.74%	0	0.8	73	1
25	Dec_1_2020	254.63	268.3	287.37	309.08	314.06	321.74	305.64(-6.2%)	UD	OpenLong	75	-0.1	72	220	31	196	2.66	48%		49.7	4.74%	0	1.3	80	1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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