| SNOW latest price $175.3200 (2.2%) ($174.3500 - $177.6000) on Wed. Nov. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.61% (three month average) |
RSI | 72 |
Latest Price | $175.3200(2.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SNOW advances 1% a day on average for past five trading days. |
Weekly Trend | SNOW advances 3.6% 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(70%) XLF(65%) IWD(54%) VYM(52%) XLV(52%) |
Factors Impacting SNOW price | SNOW will decline at least -1.305% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.305% (StdDev 2.61%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.3% |
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