Snowflake AI Revolution Gains Traction, Stock Forms Golden Cross

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At $168.97, the stock price reflects strong momentum, sitting well above both the 50-day SMA (simple moving average) of $138.86 and the 200-day SMA of $138.20.

Snowflake Inc.(NYSE:SNOW) is turning heads in the market with its recently formed a Golden Cross — a bullish technical pattern where the 50-day moving average crosses above the 200-day moving average.

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Article Details

Author / Journalist: Surbhi Jain

Category: Technology

Markets: United States

Topics: Artificial intelligence Long Ideas Tech Golden Cross AI Analyst Color Trading Ideas Benzinga Pro Project Signals SNOW Stories That Matter Top Stories Analyst Ratings

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 18:26:52 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 343 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 24451966

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