SNOWFLAKE INC-CLASS A (SNOW)

US8334451098 - Common Stock

163.302  +3.26 (+2.04%)

Technical Rating and Analysis

0

Overall SNOW gets a technical rating of 0 out of 10. SNOW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
76% of all other stocks performed better in the past year than SNOW.
SNOW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
SNOW is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
SNOW has an average volume of 7594610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SNOW is part of the IT Services industry. There are 86 other stocks in this industry, SNOW did better than 44% of them.
Weekly and Daily overview Charts
SNOW Weekly chart
SNOW Daily chart
Setup Rating and Analysis

3

The technical rating of SNOW is bad and it also does not present a quality setup 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

141.94

164.94

We found 4 important support areas.

  • Support @163.05 from a horizontal line in the daily time frame.
  • A support zone ranging from 157.43 to 160.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @153.50 from a trend line in the weekly time frame.
  • Support @143.37 from a horizontal line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.3
Mansfield-1.95
10 Day High168.68
10 Day Low151.49
20 Day High194.2
20 Day Low151.49
52 Week High237.72
52 Week Low135.26
Performance
1 Week-1.84%
2 Weeks-1.4%
1 Month-30.42%
3 Month-19.58%
6 Month4.76%
12 Month3.73%
2 Year-30.15%
3 Year-30.2%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.92
RSI(14)33.82
LBB155.27
UBB164.09
SNOW Daily chart

SNOWFLAKE INC-CLASS A

NYSE:SNOW (3/28/2024, 9:44:08 AM)

163.302

+3.26 (+2.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg2.04%
1 Week-1.84%
2 Weeks-1.4%
1 Month-30.42%
3 Month-19.58%
6 Month4.76%
12 Month3.73%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.85
ATR(20)%5.05%
ATR Inc
Range Today3.3
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High168.68
10 Day Low151.49
20 Day High194.2
20 Day Low151.49
52 Week High237.72
52 Week Low135.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.37M
Volume Incr-49.37%
Vol(5)5.47M
Vol(50)7.59M