SNOWFLAKE INC. CLASS A - Daily - Technical analysis published on 11/16/2022 (GMT)
- 261
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Neutral
Technical indicators
67%
11%
22%
My opinion
Neutral between 140.70 USD and 166.20 USD
My targets
-
My analysis
There is no basic trend on SNOWFLAKE INC. CLASS A and in the short term, there are still few buyers. It is difficult to advise a trading direction under these conditions. The nearest resistance is located at 166.20 USD. The nearest support is located at 140.70 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Clay707. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SNOWFLAKE INC. CLASS A rating is 163.49 USD. The price has increased by +3.58% since the last closing and was traded between 160.60 USD and 168.00 USD over the period. The price is currently at +1.80% from its lowest and -2.68% from its highest.160.60
168.00
163.49
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of SNOWFLAKE INC. CLASS A in Daily shows a neutral overall trend. The slightly bullish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bullish trend. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
An assessment of technical indicators shows a moderate bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near resistance of channel
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 113.30 | 131.04 | 163.49 | 166.20 | 188.24 | 236.57 |
| Change (%) | -30.70% | -19.85% | - | +1.66% | +15.14% | +44.70% |
| Change | -50.19 | -32.45 | - | +2.71 | +24.75 | +73.08 |
| Level | Major | Intermediate | - | Major | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 152.66 | 156.63 | 160.06 | 164.03 | 167.46 | 171.43 | 174.86 |
| Camarilla | 161.46 | 162.13 | 162.81 | 163.49 | 164.17 | 164.85 | 165.53 |
| Woodie | 152.39 | 156.50 | 159.79 | 163.90 | 167.19 | 171.30 | 174.59 |
| Fibonacci | 156.63 | 159.46 | 161.20 | 164.03 | 166.86 | 168.60 | 171.43 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 94.40 | 108.58 | 134.00 | 148.18 | 173.60 | 187.78 | 213.20 |
| Camarilla | 148.52 | 152.15 | 155.78 | 159.41 | 163.04 | 166.67 | 170.30 |
| Woodie | 100.01 | 111.39 | 139.61 | 150.99 | 179.21 | 190.59 | 218.81 |
| Fibonacci | 108.58 | 123.71 | 133.06 | 148.18 | 163.31 | 172.66 | 187.78 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 96.57 | 121.09 | 140.70 | 165.22 | 184.83 | 209.35 | 228.96 |
| Camarilla | 148.16 | 152.21 | 156.26 | 160.30 | 164.35 | 168.39 | 172.44 |
| Woodie | 94.11 | 119.86 | 138.24 | 163.99 | 182.37 | 208.12 | 226.50 |
| Fibonacci | 121.09 | 137.95 | 148.37 | 165.22 | 182.08 | 192.50 | 209.35 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 53.82 | |
| MACD (12,26,9): | -5.1300 | |
| Directional Movement: | 5.42 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 147.14 | |
| Parabolic SAR (0,02-0,02-0,2): | 124.34 | |
| Elder Ray (13): | 12.48 | |
| Super Trend (3,10): | 128.78 | |
| Zig ZAG (10): | 163.49 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 66.60 | |
| TEMA (21): | 145.57 | |
| Williams %R (14): | -22.30 | |
| Chande Momentum Oscillator (20): | 3.80 | |
| Repulse (5,40,3): | 3.4200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.6100 | |
| Courbe Coppock: | 26.88 |
| MA7: | 144.38 | |
| MA20: | 156.90 | |
| MA50: | 168.27 | |
| MA100: | 163.35 | |
| MAexp7: | 151.86 | |
| MAexp20: | 154.47 | |
| MAexp50: | 161.47 | |
| MAexp100: | 168.08 | |
| Price / MA7: | +13.24% | |
| Price / MA20: | +4.20% | |
| Price / MA50: | -2.84% | |
| Price / MA100: | +0.09% | |
| Price / MAexp7: | +7.66% | |
| Price / MAexp20: | +5.84% | |
| Price / MAexp50: | +1.25% | |
| Price / MAexp100: | -2.73% |
Quotes :
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15 min delayed data
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NYSE Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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