| SNOW latest price $240.8100 (1.17%) ($235.5100 - $243.5600) on Tue. Jun. 1, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.86% (three month average) |
RSI | 73 |
Latest Price | $240.8100(1.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SNOW advances 0.6% a day on average for past five trading days. |
Weekly Trend | SNOW advances 8.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock 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 -1.93% in a week (0% probabilities). VIXM(-34%) UUP(-12%) VXX(-10%) TBT(-8%) USO(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.93% (StdDev 3.86%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.6% |
| |
|
|