| SNOW latest price $161.8500 (0.55%) ($160.3300 - $162.7320) on Fri. Nov. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.73% (three month average) |
RSI | 68 |
Latest Price | $161.8500(0.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SNOW advances 0.2% a day on average for past five trading days. |
Weekly Trend | SNOW advances 5.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SNOW advance at 0% a week (0% probability) DIA(73%) XLF(68%) IVE(63%) IWD(63%) VYM(62%) |
Factors Impacting SNOW price | SNOW will decline at least -1.365% in a week (0% probabilities). GLD(-31%) VXX(-30%) UUP(-12%) VIXM(-7%) CEMB(-3%) |
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 | -1.365% (StdDev 2.73%) |
Hourly BBV | -0.5 () |
Intraday Trend | 0.7% |
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