| SNOW latest price $196.5500 (1.58%) ($191.2600 - $197.4300) on Wed. Dec. 13, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.69% (three month average) |
RSI | 84 |
Latest Price | $196.5500(1.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SNOW advances 1.3% a day on average for past five trading days. |
Weekly Trend | SNOW advances 5.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SNOW advance at 0% a week (0% probability) IVE(84%) PEJ(82%) IWD(81%) IWO(79%) PAVE(79%) |
Factors Impacting SNOW price | SNOW will decline at least -1.345% in a week (0% probabilities). VXX(-63%) VIXM(-54%) GLD(-22%) UUP(-18%) SHY(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.345% (StdDev 2.69%) |
Hourly BBV | 2.3 () |
Intraday Trend | 0.8% |
| |
|
|