SNOWFLAKE INC-CLASS A (SNOW) Stock Technical Analysis
NYSE:SNOW - New York Stock Exchange, Inc. - US8334451098 - Common Stock
Taking everything into account, SNOW scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SNOW is only an average performer.
The long and short term trends are both positive. This is looking good!
In the last month SNOW has a been trading in the 153.12 - 176.18 range, which is quite wide. It is currently trading near the high of this range.
SNOW has an average volume of 7150570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SNOW did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
SNOW is part of the IT Services industry. There are 82 other stocks in this industry, SNOW did better than 61% of them.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SNOW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 166.92, a Stop Loss order could be placed below this zone.
More info and screens
112.88
188.39
We found 4 important support areas.
- A support zone ranging from 162.76 to 166.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 158.04 to 158.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @154.40 from a horizontal line in the daily time frame.
- Support @114.02 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @175.56 from a trend line in the weekly time frame.
- A resistance zone ranging from 183.65 to 186.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.13
Mansfield0.53
10 Day High176.18
10 Day Low156.7
20 Day High176.18
20 Day Low153.12
52 Week High237.72
52 Week Low107.13
Performance
1 Week6.83%
2 Weeks6.97%
1 Month6.73%
3 Month49.54%
6 Month34.52%
12 Month-14.31%
2 Year10.92%
3 Year-37.1%
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)0.8
RSI(14)64.75
LBB152.16
UBB173.28
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 175.57 | 162.75 | 12.82 (7.30%) | 13.70% |
| An entry @175.57. This is a Buy Stop order right above the resistance zone. | An exit @162.75. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 12.82 points, which is 7.30%. | For a 1.00% total portfolio risk, you can invest 13.70% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SNOWFLAKE INC-CLASS A
NYSE:SNOW (1/21/2025, 8:04:01 PM)
After market: 175 +1.47 (+0.85%)173.53
+2.74 (+1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg1.6%
1 Week6.83%
2 Weeks6.97%
1 Month6.73%
3 Month49.54%
6 Month34.52%
12 Month-14.31%
2 Year10.92%
3 Year-37.1%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.94
ATR(20)%3.26%
ATR Inc-8.53%
Range Today3.83
ADR(20)5.19
ADR(20)%2.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.13
Mansfield0.53
10 Day High176.18
10 Day Low156.7
20 Day High176.18
20 Day Low153.12
52 Week High237.72
52 Week Low107.13
CS1 End166.92
CR1 Start175.56
Volume & EV
DER(3)-2.15%
DER(5)-1.46%
Volume5.28M
Volume Incr18.09%
Vol(5)5.44M
Vol(50)7.15M