Snowflake (SNOW, $152.5) entered Downtrend as Momentum indicator drops below 0 level on Apr 25, 2024

A.I.dvisor
at Tickeron.com
04/26/24
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SNOW - Snowflake
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $152.5
Daily change: -$2.49 (-1.61%)
Daily volume: 4M
Capitalization: $51B
Industry: Packaged Software
This indicator may be signaling that SNOW's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 69 similar cases where SNOW's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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SNOWDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Other Consumer Services
Address
106 East Babcock Street
Phone
+1 844 766-9355
Employees
7004
Web
https://www.snowflake.com