Snowflake Inc. (SNOW)

Snowflake Inc. is trading at $306.08, down 7.32% on the session. The 50 day average sits at $332.03 and the 200 day at $239.14, which puts the stock in a uptrend. RSI is at 39.6, which reads as weak, and MACD is bearish crossover. Volume is volume spike.

The nearest support is around $303.89 with resistance near $334.80, so that band frames the current range. Average daily movement is roughly $16.72, or about 5.5% of the share price, which is what any stop placement has to allow for. The overall health score of 52 out of 100 combines a trend score of 73, momentum of 30 and a risk score of 48.

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.