| SNOW latest price $267.3000 (3.09%) ($261.3500 - $269.1700) on Thu. Jul. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.92% (three month average) |
RSI | 74 |
Latest Price | $267.3000(3.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SNOW advances 1.3% a day on average for past five trading days. |
Weekly Trend | SNOW advances 2.7% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(75%) IBUY(68%) SKYY(67%) ONLN(65%) IWF(64%) |
Factors Impacting SNOW price | SNOW will decline at least -1.46% in a week (0% probabilities). VIXM(-35%) UUP(-12%) VXX(-10%) TBT(-8%) USO(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.46% (StdDev 2.92%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2% |
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