| SNOW latest price $188.3950 (1.3%) ($183.6100 - $191.0000) on Mon. Dec. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.75% (three month average) |
RSI | 82 |
Latest Price | $188.3950(1.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SNOW advances 2% a day on average for past five trading days. |
Weekly Trend | SNOW advances 6.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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%) IWD(55%) SDY(47%) XLF(66%) VYM(54%) |
Factors Impacting SNOW price | SNOW will decline at least -1.375% in a week (0% probabilities). GLD(-51%) IGOV(-38%) VXX(-36%) CEMB(-35%) VIXM(-29%) |
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 | -1.375% (StdDev 2.75%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.9% |
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