| SNOW latest price $152.7700 (1.09%) ($152.4600 - $155.1670) on Fri. Sep. 29, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.54% (three month average) |
RSI | 20 |
Latest Price | $152.7700(1.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SNOW advances 0.4% a day on average for past five trading days. |
Weekly Trend | SNOW declines -4.9% 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) SKYY(74%) FIVG(63%) IPO(63%) QQQ(62%) VFMO(61%) |
Factors Impacting SNOW price | SNOW will decline at least -1.27% in a week (0% probabilities). VXX(-42%) VIXM(-38%) TBT(-25%) USO(-17%) UUP(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.27% (StdDev 2.54%) |
Hourly BBV | 1 () |
Intraday Trend | -0.7% |
| |
|
|