| SNOW latest price $174.3100 (3.1%) ($166.4000 - $174.6600) on Thu. Jun. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.96% (three month average) |
RSI | 46 |
Latest Price | $174.3100(3.1%) |
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 0.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SNOW advance at 0% a week (0% probability) SKYY(73%) QQQ(66%) VUG(63%) IWF(62%) XLK(60%) |
Factors Impacting SNOW price | SNOW will decline at least -1.98% in a week (0% probabilities). VIXM(-39%) VXX(-38%) TBT(-29%) UUP(-20%) USO(-10%) |
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 | -1.98% (StdDev 3.96%) |
Hourly BBV | -0.3 () |
Intraday Trend | 3.9% |
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