| SNOW latest price $172.0500 (2.78%) ($166.9000 - $172.8800) on Mon. May. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.67% (three month average) |
RSI | 84 |
Latest Price | $172.0500(2.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SNOW advances 1.4% a day on average for past five trading days. |
Weekly Trend | SNOW advances 8.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SNOW advance at 0% a week (0% probability) SKYY(63%) IPO(58%) XLY(53%) QQQ(50%) VUG(50%) |
Factors Impacting SNOW price | SNOW will decline at least -1.835% in a week (0% probabilities). VIXM(-36%) VXX(-33%) TBT(-24%) UUP(-19%) USO(-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 | -1.835% (StdDev 3.67%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.6% |
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