| SNOW latest price $275.8700 (0.5%) ($270.7300 - $277.9900) on Wed. Aug. 11, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.68% (three month average) |
RSI | 57 |
Latest Price | $275.8700(0.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SNOW advances 0.2% a day on average for past five trading days. |
Weekly Trend | SNOW advances 1.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SNOW advance at 0% a week (0% probability) IPO(75%) IBUY(67%) SKYY(67%) IWF(65%) ONLN(65%) |
Factors Impacting SNOW price | SNOW will decline at least -1.34% in a week (0% probabilities). VIXM(-35%) UUP(-12%) VXX(-10%) TBT(-8%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.34% (StdDev 2.68%) |
Hourly BBV | -0.6 () |
Intraday Trend | -0.1% |
| |
|
|