| SNOW latest price $186.4300 (-5.71%) ($183.2900 - $196.8000) on Mon. Aug. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.41% (three month average) |
RSI | 64 |
Latest Price | $186.4300(-5.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SNOW advances 4.1% a day on average for past five trading days. |
Weekly Trend | SNOW advances 3.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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(65%) IBUY(57%) IWF(56%) QQQ(55%) ONLN(54%) |
Factors Impacting SNOW price | SNOW will decline at least -2.705% in a week (0% probabilities). VIXM(-13%) TBT(-11%) UUP(-7%) VXX(-4%) EDOC(-3%) |
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 | -2.705% (StdDev 5.41%) |
Hourly BBV | -1.2 () |
Intraday Trend | -3.9% |
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