Trading Signals: SNOW Stock Price Prediction and Forecast

^ SNOW: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Dec. 6, 2023

Trading Signals: SNOW Stock Price Prediction and Forecast (Wed. Sep. 16, 2020 - Fri. Dec. 22, 2023)

(Snowflake Inc)
SNOW latest price $184.4700 (-0.91%) ($184.4000 - $190.6200) on Wed. Dec. 6, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.75% (three month average)
RSI   79
Latest Price   $184.4700(-0.91%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SNOW advances 1% a day on average for past five trading days.
Weekly Trend   SNOW advances 6.9% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Normal for small cap.
Correlated ETFs   Broad market will support SNOW advance at 0% a week (0% probability)
DIA(70%)    XLF(66%)    IWD(55%)    VYM(54%)    XLV(53%)
Factors Impacting SNOW price   SNOW will decline at least -1.375% in a week (0% probabilities).
GLD(-51%)    VXX(-36%)    CEMB(-35%)    VIXM(-29%)    BWX(-28%)
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 -1.1 ()
Intraday Trend -1.5%

5 Day Moving Average   $186.54(-1.11%)
10 Day Moving Average   $179.42(2.81%)
20 Day Moving Average   $171.08(7.83%)
To recent high   -2.1%
To recent low   31%
Market Cap   $52.205b

$. SNOW price fluctuates within 6.1% (three month std-dev: 2.75%) daily (68% of days).

Sample size 3 Average positive next day return: 0%(0%) Average negative next day return: -3.1%(100%) Sample size 3 Average positive next three day return: 3.07%(33%) Average negative next three day return: -2.47%(67%) Sample size 3 Average positive next weekly return: 3.79%(33%) Average negative next weekly return: -1.4%(67%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20240106

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Dec_6_2023	159.83	171.08	179.42	186.54	186.3	186.51	184.47(-0.91%)	UD	OpenLong	75	-0.2	41	0	4	151	5.36	65%	-0.03	98.2	2.75%	-1.1	1.3	79	1.2
2	Dec_5_2023	159.87	169.81	177.7	184.71	186.41	186.64	186.16(-1.19%)	UD	OpenLong	75	0.1	79	40	51	162	4.05	65%	0.01	103.5	2.75%	-0	1.6	75	1.3
3	Dec_4_2023	159.85	167.74	175.75	181.78	183.71	186.08	188.4(1.3%)	UT	HoldLong	65	0.6	83	120	58	157	7.77	65%	0.05	90.5	2.75%	1.2	1.9	82	1.4
4	Dec_1_2023	159.77	165.79	173.07	178.16	179.57	186.18	185.97(-0.91%)	UD	OpenLong	75	0.8	146	280	139	167	10.31	65%	0.01	88.8	2.76%	0.6	2	78	1.3
5	Nov_30_2023	159.75	163.62	170.52	175.2	176.02	181.34	187.68(7.05%)	UT	HoldLong	65	1.2	209	230	217	186	22.58	65%	0.1	82.1	2.74%	1.5	2.4	82	1.4

6	Nov_29_2023	159.59	161.41	167.92	171.45	171.62	172.96	175.32(2.2%)	UT	OpenLong	75	0.4	80	60	70	111	10.15	61%	0.02	79.8	2.61%	1.2	1.5	72	1.3
7	Nov_28_2023	159.56	159.9	166.9	169.72	170.01	170.71	171.55(0.73%)	UT	OpenLong	75	0.2	41	30	25	89	3.82	61%	0.01	72.1	2.62%	0.5	1.3	67	1.5
8	Nov_27_2023	159.54	158.54	165.63	168.76	168.89	170.27	170.3(-0.5%)	UD	OpenLong	75	0.2	60	60	43	109	4.21	61%	0	66.6	2.64%	0.9	1.3	79	1.3
9	Nov_24_2023	159.54	157.2	164.63	167.07	167.37	169.31	171.16(1.33%)	UT	OpenLong	75	0.4	80	90	66	120	1.74	56%	-0.09	59.4	2.67%	0	1.5	70	1.4
10	Nov_22_2023	159.68	155.68	163.15	165.03	165.34	167.51	168.92(1.35%)	UT	OpenLong	75	0.4	78	100	64	121	3.01	56%	0.06	46.5	2.74%	1	1.4	74	1.2

11	Nov_21_2023	159.59	154.34	162.09	163.85	163.46	165.43	166.67(-0.04%)	UD	OpenLong	75	0.3	65	80	44	126	2.83	56%	-0.07	40.3	2.73%	0.8	1.4	71	1.3
12	Nov_20_2023	159.7	153.5	161.34	163.69	163.35	163.16	166.73(3.02%)	UT	OpenLong	75	0.4	64	-10	37	143	3.75	56%	-0.06	37.7	2.75%	1.3	1.5	69	1.4
13	Nov_17_2023	159.79	152.54	159.19	162.08	163.38	161.5	161.85(0.55%)	UD	OpenLong	65	-0	5	-60	-30	108	1.89	54%	-0.09	27	2.73%	-0.5	1.2	68	1.5
14	Nov_16_2023	159.93	151.8	158.06	161.79	162.85	163.55	160.97(-1.26%)	UD	OpenLong	65	-0.1	19	50	-16	124	3.36	54%	-0.14	21.7	2.74%	-1.4	1.2	68	1.5
15	Nov_15_2023	160.16	151.35	156.35	160.87	161.8	165.25	163.03(-1.71%)	UD	OpenLong	75	0.3	101	170	80	162	4.14	54%	-0.09	15.2	2.74%	0.1	1.6	72	1.6

16	Nov_14_2023	160.3	150.78	154.5	159.98	160.08	162.15	165.86(4.51%)	UT	OpenLong	75	0.8	110	90	91	166	5.14	54%	-0.02	6	2.74%	1.6	2.1	72	1.5
17	Nov_13_2023	160.34	150.32	152.37	158.72	158.6	158.35	158.7(-1.06%)	UD	OpenLong	75	-0	50	-10	24	126	3.28	51%	-0.12	-1.3	2.68%	0.3	1.2	56	1.4
18	Nov_10_2023	160.54	150.38	150.91	155.82	158.24	158	160.4(2.59%)	UT	OpenLong	75	0.7	42	40	24	97	3.98	51%	-0.11	-13	2.68%	1.3	1.5	60	1.4
19	Nov_9_2023	160.72	150.13	149.16	153.74	155.55	158.85	156.35(-1.41%)	UD	OpenLong	75	0.4	63	180	54	88	3.98	51%	-0.11	-23.3	2.66%	-1.4	0.9	58	0.9
20	Nov_8_2023	160.9	150.22	147.6	151.02	152.53	158.49	158.58(-0.62%)	UD	OpenLong	75	1	154	300	174	95	4.19	46%	-0.12	-26.7	2.66%	0.5	1.2	53	1.6

21	Nov_7_2023	161.1	150.35	145.89	148.15	148.76	152.26	159.57(10.66%)	UT	OpenLong	75	1.5	128	180	154	48	12.55	46%	-0.01	-29.5	2.77%	1.3	1.2	54	1.7
22	Nov_6_2023	161.12	150.41	144.83	145.27	145.4	146.57	144.2(-3.86%)	N/A	N/A	0	-0.1	15	60	34	-41	4.88	35%	-0.25	-31.4	2.43%	-0.1	-0.8	33	1.9
23	Nov_3_2023	161.53	151.27	145.24	145.26	144.83	145.27	149.99(5.07%)	N/A	N/A	0	0.6	12	10	36	-61	5.1	38%	-0.25	-25.7	2.43%	1.9	-0.2	34	1.9
24	Nov_2_2023	161.94	151.74	144.92	143.94	144.24	144.22	142.75(-1.05%)	DT	OpenShort	-75	-0.2	-27	10	0	-106	6.81	26%	-0.12	-26.6	2.35%	-0.6	-1.2	33	1.9
25	Nov_1_2023	162.14	152.18	145.94	143.55	144.15	144.39	144.26(-0.6%)	DP	OpenShort	-65	0.1	-17	20	14	-108	3.65	26%		-29.7	2.49%	-0.6	-1.1	31	1.6
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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