| SNOW latest price $347.1000 (1.42%) ($342.2400 - $351.9500) on Wed. Oct. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.27% (three month average) |
RSI | 70 |
Latest Price | $347.1000(1.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SNOW advances 0.8% a day on average for past five trading days. |
Weekly Trend | SNOW advances 3.8% 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(76%) IBUY(68%) SKYY(67%) ONLN(66%) IWF(65%) |
Factors Impacting SNOW price | SNOW will decline at least -1.135% in a week (0% probabilities). VIXM(-35%) UUP(-12%) VXX(-10%) TBT(-8%) 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 | -1.135% (StdDev 2.27%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.3% |
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