Snowflake Shows Buying Pressure Ahead Of Q2 Earnings: Will Bullish Momentum Hold Against Long-Term Signals?
SNOWSnowflake(SNOW) Benzinga·2024-08-21 02:25

Snowflake Inc SNOW stock is down 30.43% year-to-date and 13.37% over the past year.Let’s look at what the charts indicate for the Bozeman, Montana-based company ahead of its second-quarter earnings on Wednesday, and how the stock currently maps against Wall Street estimates.Snowflake Longer-Term Outlook Is Less OptimisticSnowflake faces slight bullish pressure, though its overall trend remains relatively stagnant. See below. Chart created using Benzinga ProThe stock is trading at $131.42, slightly above its ...