| SNOW latest price $177.1400 (1.13%) ($172.1200 - $178.4000) on Wed. May. 24, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.55% (three month average) |
RSI | 72 |
Latest Price | $177.1400(1.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SNOW advances 0.4% 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 | Broad based 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) SKYY(62%) IPO(57%) XLY(54%) QQQ(51%) XLC(51%) |
Factors Impacting SNOW price | SNOW will decline at least -1.775% in a week (0% probabilities). VIXM(-36%) VXX(-34%) TBT(-25%) UUP(-19%) USO(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.775% (StdDev 3.55%) |
Hourly BBV | -0.5 () |
Intraday Trend | 2% |
| |
|
|