| SNOW latest price $186.1600 (-1.19%) ($184.0800 - $188.5200) on Tue. Dec. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.75% (three month average) |
RSI | 75 |
Latest Price | $186.1600(-1.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SNOW advances 1.6% a day on average for past five trading days. |
Weekly Trend | SNOW advances 6.5% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off 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 | -0 () |
Intraday Trend | -0.2% |
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