Snowflake breaks resistance hinting at momentum shift
SNOWSnowflake(SNOW) MarketBeat·2024-01-27 00:06

« + ¢ o Key Points Snowflake's stock has surged nearly 50% over the past three months, showing impressive growth. With a market cap of 67.8billionandanRSIof64.78,Snowflakesstockisnotyetconsideredtobeoverbought.Thestockisnowtradingaboveacriticalresistancelevelnear67.8 billion and an RSI of 64.78, Snowflake's stock is not yet considered to be overbought. The stock is now trading above a critical resistance level near 204, potentially signaling a momentum shift if the stock can sustain this level as support. 5 stocks we like better than Snowflake Shares of Snowflake Inc. NYSE: SNOW, a cloud-based data storage, computing, and analytic ...