| SNOW latest price $337.8800 (1.29%) ($330.7000 - $340.9900) on Mon. Oct. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.3% (three month average) |
RSI | 72 |
Latest Price | $337.8800(1.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SNOW advances 1.7% a day on average for past five trading days. |
Weekly Trend | SNOW advances 5.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SNOW advance at 0% a week (0% probability) IPO(76%) IBUY(68%) SKYY(67%) ONLN(66%) IWF(65%) |
Factors Impacting SNOW price | SNOW will decline at least -1.15% in a week (0% probabilities). VIXM(-35%) UUP(-12%) VXX(-10%) TBT(-9%) IGOV(-2%) |
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 | -1.15% (StdDev 2.3%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.8% |
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