| SNOW latest price $192.9900 (1.22%) ($187.7700 - $196.6600) on Mon. Dec. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.7% (three month average) |
RSI | 84 |
Latest Price | $192.9900(1.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SNOW advances 0.5% a day on average for past five trading days. |
Weekly Trend | SNOW advances 5.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SNOW advance at 0% a week (0% probability) IVE(84%) PEJ(82%) XLF(82%) IWD(81%) IWO(79%) |
Factors Impacting SNOW price | SNOW will decline at least -1.35% in a week (0% probabilities). VIXM(-54%) UUP(-18%) SHY(-11%) LQD(2%) TLT(8%) |
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 | -1.35% (StdDev 2.7%) |
Hourly BBV | 0.8 () |
Intraday Trend | 2.1% |
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