| SNOW latest price $166.7300 (3.02%) ($162.1100 - $168.8150) on Mon. Nov. 20, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.75% (three month average) |
RSI | 69 |
Latest Price | $166.7300(3.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SNOW advances 1% a day on average for past five trading days. |
Weekly Trend | SNOW advances 5.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SNOW advance at 0% a week (0% probability) DIA(70%) XLF(65%) IWD(60%) IVE(59%) VYM(58%) |
Factors Impacting SNOW price | SNOW will decline at least -1.375% in a week (0% probabilities). GLD(-37%) VXX(-21%) UUP(-11%) CEMB(-10%) VIXM(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.375% (StdDev 2.75%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.9% |
| |
|
|