Snowflake (SNOW, $158.66) price may drop as it broke higher Bollinger Band on Apr 24, 2025

#PackagedSoftware, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #LargeCap
SNOW - Snowflake
Bollinger signal
Bearish Trend
86%
Odds of DOWN Trend
Price: $158.66
Daily change: +$11.27 (+7.65%)
Daily volume: 6.9M
Capitalization: $53B
Industry: Packaged Software

This price move could be a signal that SNOW may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 36 similar cases where SNOW's price broke its higher Bollinger Band, and 31 of them led to a successful outcome. Odds of Success: 86%.