Snowflake Inc (SNOW)

Snowflake Inc is trading at $330.49, up 3.93% on the session. The 50 day average sits at $250.40 and the 200 day at $210.86, which puts the stock in a uptrend. RSI is at 75, which reads as overbought, and MACD is bullish crossover. Volume is average.

The nearest support is around $259.48 with resistance near $315.42, so that band frames the current range. Average daily movement is roughly $14.67, or about 4.4% of the share price, which is what any stop placement has to allow for. The overall health score of 79 out of 100 combines a trend score of 100, momentum of 78 and a risk score of 46.

Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally. The company's platform includes artificial intelligence (AI) Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data applications, and share data and data products, as well as applies AI for solving business problems. It serves financial services, advertising, media and entertainment, retail and consumer goods, healthcare and life sciences, manufacturing, technology, telecom, travel and hospitality, and government and defense industries, as well as the public sector. the company has a collaboration with OpenAI, L.L.C. for the development of AI solutions for joint enterprise customers that deliver tangible return on investment. The company was formerly known as Snowflake Computing, Inc. and changed its name to Snowflake Inc. in April 2019. Snowflake Inc. was incorporated in 2012 and is based in Menlo Park, California.