| SNOW latest price $170.3000 (-0.5%) ($170.0500 - $172.6750) on Mon. Nov. 27, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.64% (three month average) |
RSI | 79 |
Latest Price | $170.3000(-0.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SNOW advances 1% a day on average for past five trading days. |
Weekly Trend | SNOW advances 4.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SNOW advance at 0% a week (0% probability) DIA(70%) XLF(65%) IWD(54%) VYM(52%) XLV(52%) |
Factors Impacting SNOW price | SNOW will decline at least -1.32% in a week (0% probabilities). GLD(-54%) SMH(-46%) IGOV(-36%) CEMB(-32%) VXX(-30%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.32% (StdDev 2.64%) |
Hourly BBV | 0.9 () |
Intraday Trend | -0.4% |
| |
|
|