SNOW Daily Technical Analysis
Snowflake Inc
Cloud data platform for storing and analyzing data across providers.
SNOW Technical Analysis Summary
SNOW remains in a strong long-term uptrend, backed by upward-sloping 50-day and 200-day moving averages following a massive multi-month advance. In the near term, price is cooling off from a sharp rejection at the 385 mark, currently testing support at the 20-day SMA near 328. As long as key support between 302 and 308 holds, the primary bullish structure remains intact for continuation.
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SNOW Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Neutral
Price is consolidating directly on the 20-day SMA (328.02) following a sharp rejection from 385, with RSI resetting to a neutral 54.06.
Long-term Sentiment (weeks to months): Bullish
The 50-day SMA (302.15) is trending well above the rising 200-day SMA (220.17), maintaining an intact macro uptrend with higher structural lows.
Report Metadata
- Timeframe: daily
- Generated at: 2026-09-10T20:16:01.074Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $324.00 | $320.00 - $328.00 | Moderate | Confluence of the 20-day SMA and recent local consolidation base. |
| $305.00 | $302.00 - $308.00 | Strong | Lower Bollinger Band zone aligning with the rising 50-day SMA. |
| $275.00 | $270.00 - $280.00 | Strong | Prior multi-week breakout shelf and horizontal support structure. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $351.50 | $348.00 - $355.00 | Moderate | Upper Bollinger Band boundary and prior breakdown resistance. |
| $383.00 | $380.00 - $386.00 | Strong | Recent cycle peak marked by a heavy-volume selling rejection wick. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Moderate | Blow-off Rejection / Exhaustion Candle | Bearish | $308.00 | A sharp spike to 386 followed by an immediate heavy-volume sell-off, initiating a short-term corrective phase. |
| Strong | Ascending Trend | Bullish | N/A | Broader bullish trend characterized by expanding moving averages and consistent higher highs and higher lows since May. |
Frequently Asked Questions about SNOW
What is the current sentiment for SNOW?
The short-term sentiment for SNOW is currently Neutral because Price is consolidating directly on the 20-day SMA (328.02) following a sharp rejection from 385, with RSI resetting to a neutral 54.06.. The long-term trend is classified as Bullish.
What are the key support levels for SNOW?
StockDips.AI has identified key support levels for SNOW at $324.00 and $305.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is SNOW in a significant dip or a Value Dip right now?
SNOW has a Value Score of 79/100. It is currently flagged as a significant dip in the Top Dips list. It is also listed as a Value Dip because long-term sentiment is bullish.
View the full interactive analysis on StockDips.AI.