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SnowWorld (SNOW.AS) Stock Technical Analysis

AMS:SNOW - Euronext Amsterdam - NL0010627865 - Common Stock - Currency: EUR

10.5  0 (0%)

Technical Rating and Analysis

2

Taking everything into account, SNOW scores 2 out of 10 in our technical rating. SNOW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month SNOW has a been trading in the 10.00 - 11.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: SNOW has an average volume of 2028 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, SNOW did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
SNOW is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 58% of 56 stocks in the same industry.
SNOW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SNOW is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
SnowWorld / SNOW Weekly stock chart
SnowWorld / SNOW Daily stock chart
Setup Rating and Analysis

4

SNOW has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

9.90

11.42

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 10.31 to 10.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 10.00 to 10.10. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 10.51 to 10.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 11.00 to 11.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for SNOW.AS is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for SNOW.AS is neutral.
ChartMill Relative Strength73.02POSITIVESNOW.AS has a high relative strength, it outperformed 73.02% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of SNOW.AS is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of SNOW.AS is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of SNOW.AS is below a declining SMA(200).
Relative Strength Index/RSI (14)47.12NEUTRALThe RSI value for SNOW.AS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests SNOW.AS has a negative trend, although the MACD value is rising.
Stochastics (14,3)62.5NEUTRALThe Stochastics value for SNOW.AS is a neutral value.
Average True Range in percent/ATR (20)1.95LOW VOLATILITYThe low ATR as a percentage value for SNOW.AS suggests low volalility.
Average Directional Index/ADX (14)29.93POSITIVEThe high ADX value value for SNOW.AS suggests a strong trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
SnowWorld / SNOW Daily stock chart

SnowWorld

AMS:SNOW (8/31/2023, 7:00:00 PM)

10.5

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0%
1 Week0%
2 Weeks0%
1 Month-7.08%
3 Month0%
6 Month-4.55%
12 Month10.53%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%1.95%
ATR Inc194.74%
Range Today0.6
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.02
Mansfield-0.98
10 Day High10.7
10 Day Low10
20 Day High11
20 Day Low10
52 Week High12.1
52 Week Low9.5
CS1 End10.41
CR1 Start10.51
Volume & EV
DER(3)0%
DER(5)0%
Volume9.02K
Volume Incr215.13%
Vol(5)5.05K
Vol(50)2.03K