SnowWorld (SNOW.AS) Technical Analysis
AMS:SNOW • NL0010627865
Current stock price
SNOW.AS Technical Rating and Analysis
Overall SNOW gets a technical rating of 2 out of 10. 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.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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 69% of 57 stocks in the same industry.
- SNOW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SNOW is lagging the market.
- Volume is considerably higher in the last couple of days.
SNOW.AS Weekly and Daily overview Charts
SNOW.AS Setup Rating and Analysis
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.
More info and screens
SNOW.AS Support and Resistance Analysis
9.90
We found 2 important support 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.
2 important resistance areas can be observed.
- 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.
SNOW.AS 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SNOW.AS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SNOW.AS is neutral. |
| ChartMill Relative Strength | 73.02 | POSITIVE | SNOW.AS has a high relative strength, it outperformed 73.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SNOW.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SNOW.AS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SNOW.AS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.12 | NEUTRAL | The RSI value for SNOW.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SNOW.AS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.5 | NEUTRAL | The Stochastics value for SNOW.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for SNOW.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 29.93 | POSITIVE | The high ADX value value for SNOW.AS suggests a strong trend. |
SNOW.AS Chart- and CandleStick Pattern Analysis
SNOW.AS Technicals: Chart, Performance Metrics, Trend & Indicators
AMS:SNOW (8/31/2023, 7:00:00 PM)
10.5
0 (0%)
SnowWorld / SNOW.AS TA FAQ
What is the ChartMill technical rating of SnowWorld (SNOW.AS) stock?
ChartMill assigns a technical rating of 2 / 10 to SNOW.AS.
What is the trend direction for SNOW stock?
The current trend direction for SnowWorld (SNOW.AS) is Bearish.
What is the RSI signal for SnowWorld (SNOW.AS) stock?
SnowWorld (SNOW.AS) has an RSI value of 47.1168. This indicates that the stock is currently neutral.
What is the short term momentum for SnowWorld (SNOW.AS) stock?
The short term momentum for SnowWorld (SNOW.AS) is neutral.
What is the support and resistance level for SNOW stock?
SnowWorld (SNOW.AS) has a support level at 10.41 and a resistance level at 10.51. Check the full technical report for our detailed analysis of SNOW.AS support and resistance levels.