Snowflake (SNOW, $152.77) entered a bearish trend. Expect a Downtrend continuation

A.I.dvisor
at Tickeron.com
09/30/23
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SNOW - Snowflake
Bearish Trend Signal
Bearish Trend
75%
Odds of DOWN Trend

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Price: $152.77
Daily change: +$1.65 (+1.09%)
Daily volume: 4.3M
Industry: Packaged Software
Snowflake (SNOW, $152.77) is predicted by A.I.dvisor to decline by to $146.66 or more within the next month. Keeping in mind similar previously-analyzed scenarios where the stock trended down during the month, the odds of a Downtrend continuation are
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A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Other Consumer Services
Address
106 East Babcock Street
Phone
+1 844 766-9355
Employees
5884
Web
https://www.snowflake.com
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SNOW and

Correlation & Price change

A.I.dvisor indicates that over the last year, SNOW has been closely correlated with DDOG. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if SNOW jumps, then DDOG could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SNOW
1D Price
Change %
SNOW100%
+1.09%
DDOG - SNOW
76%
Closely correlated
+2.38%
MDB - SNOW
70%
Closely correlated
+0.80%
NET - SNOW
70%
Closely correlated
-0.08%
CFLT - SNOW
68%
Closely correlated
+2.46%
BILL - SNOW
65%
Loosely correlated
+4.13%
More