| SNOW latest price $159.3800 (1.46%) ($155.9900 - $159.7700) on Tue. Sep. 5, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.15% (three month average) |
RSI | 59 |
Latest Price | $159.3800(1.46%) |
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 2.4% a week on average for past two weeks. |
Market Behavior | Value stocks 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(72%) IPO(62%) QQQ(59%) FIVG(57%) IBUY(57%) |
Factors Impacting SNOW price | SNOW will decline at least -1.575% in a week (0% probabilities). VXX(-40%) VIXM(-38%) TBT(-24%) USO(-16%) UUP(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.575% (StdDev 3.15%) |
Hourly BBV | 2.3 () |
Intraday Trend | 2% |
| |
|
|