Buyers control 90% of volume, ADX climbing: the buy signal stays near the top of the ranking
Snowflake jumps 12.7%, but price action flashes an indecisive phase
Buyers control 90% of volume, ADX climbing: the buy signal stays near the top of the ranking
Our view last week
Snowflake stock jumps 9.4% this week, pressing back toward its all-time highs: the weekly RSI climbs to 72, in advanced-strength territory, with little room left before the next resistance. Our technical analysis confirms a strong buy signal, now in its 10th week with signal strength at 87 out of 100 — the trade is already running more than 70% in profit since entry.
This week's summary
Snowflake surges: up 12.7% this week and back near its recent highs. The weekly structure is tight — all four moving averages aligned, ADX climbing toward 40, MACD improving — while on the daily chart buyers control 90% of volume. One caution flag: price action is flashing an indecisive phase, typical of a stock running hot that needs to catch its breath.
IQS Phase
76
in tension
Signal Strength
87
high · wide & volatile
Sizing
FULL
Ranking
#3 / 132
US stocks in progress
Trade P&L %
+91.92%
from signal to date, no stop loss
Rank position
ranks 3rd among the 132 Longs already running for US stocks in our ranking, with a signal strength of 87 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimein positive regime
Performanceweekly +7.20% · monthly +3.62%
SNOW belongs to the growth tech sector (reference ETF XLK). The sector is classified in positive regime according to our weekly reading.
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