SNOWFLAKE INC-CLASS A (SNOW) Stock Technical Analysis
NYSE:SNOW - New York Stock Exchange, Inc. - US8334451098 - Common Stock - Currency: USD
Taking everything into account, SNOW scores 0 out of 10 in our technical rating. 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.
When comparing the yearly performance of all stocks, SNOW is a bad performer in the overall market: 70% of all stocks are doing better.
SNOW has an average volume of 5975920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SNOW is an average performer in the IT Services industry, it outperforms 43% of 81 stocks in the same industry.
SNOW is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so SNOW is still doing slightly better than the market.
In the last month SNOW has a been trading in the 120.10 - 166.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
SNOW has a poor technical rating and the quality of the setup is also not perfect 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
129.21
180.77
When analyzing the support we notice one important area.
- A support zone ranging from 130.52 to 132.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 142.27 to 142.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 151.16 to 152.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @178.98 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.06
Mansfield0.46
10 Day High151.95
10 Day Low120.1
20 Day High166.79
20 Day Low120.1
52 Week High194.4
52 Week Low107.13
Performance
1 Week-5.49%
2 Weeks4.96%
1 Month-13.5%
3 Month-21.32%
6 Month18.06%
12 Month-13.36%
2 Year-7.48%
3 Year-20.09%
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)0.52
RSI(14)39.17
LBB128.56
UBB156.66
137
-6.43 (-4.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-4.48%
1 Week-5.49%
2 Weeks4.96%
1 Month-13.5%
3 Month-21.32%
6 Month18.06%
12 Month-13.36%
2 Year-7.48%
3 Year-20.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)9.91
ATR(20)%6.53%
ATR Inc-39.22%
Range Today6.76
ADR(20)7.72
ADR(20)%5.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.06
Mansfield0.46
10 Day High151.95
10 Day Low120.1
20 Day High166.79
20 Day Low120.1
52 Week High194.4
52 Week Low107.13
CS1 End132.73
CR1 Start142.27
Volume & EV
DER(3)0.7%
DER(5)1.16%
Volume3.36M
Volume Incr-44.85%
Vol(5)2.81M
Vol(50)5.98M