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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Snowflake Inc. Class A (NYSE:SNOW)

Sidelines Mode (+55) - SNOW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SNOW?

MarketClub looks at technical strength and momentum to determine if the timing is right for SNOW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_SNOW
Open High Low SNOW Price Change
157.8600 158.1699 156.6000 157.4300 -0.3500
Entry Signal

MarketClub’s Trade Triangles for SNOW

long term down The long-term trend has been DOWN since Mar 4th, 2024 at 180.68

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 160.52

short term down The short-term trend has been DOWN since May 8th, 2024 at 157.69

Smart Scan Analysis for SNOW

Based on our trend formula, SNOW is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SNOW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
157.8600 158.1699 156.6000 157.4300 -0.3500
Prev. Close Volume Bid Ask Time
157.7800 866893 2024-05-09 11:23:20
52wk High237.7252wk High Date2024-02-12
52wk Low138.452wk Low Date2023-10-26
Average Volume4,290,736Shares Outstanding640,500
Assets822,338,300MLiabilities304,307,500M
P/E Ratio-54.07870000
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