SNOW Monthly Technical Analysis
Snowflake Inc
Cloud data platform for storing and analyzing data across providers.
SNOW Technical Analysis Summary
Snowflake is in a long-term transitional phase, forming a large rounding bottom structure that suggests secular accumulation. While the long-term indicators like the MACD and 50-month SMA support a bullish regime change, the immediate price action is testing critical support around the 180 level following a sharp rejection from 236. Investors should watch for stabilization near the moving averages to confirm the durability of the recent breakout trend.
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SNOW Monthly Chart
Sentiment
Short-term Sentiment (days to weeks): Neutral
Price is experiencing a sharp pullback (-12.15%) from recent highs, testing the breakout zone, though the medium-term uptrend structure remains technically intact.
Long-term Sentiment (weeks to months): Bullish
A multi-year rounding bottom pattern has established higher lows, supported by a rising 50-month SMA and a bullish MACD crossover above the zero line.
Report Metadata
- Timeframe: monthly
- Generated at: 2026-02-02T06:57:58.330Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $181.00 | $179.00 - $183.00 | Strong | Confluence of the 20-month SMA (Bollinger Basis) and the rising 50-month SMA. |
| $145.00 | $140.00 - $150.00 | Strong | Major consolidation zone and higher swing low formed in late 2023. |
| $115.00 | $110.00 - $120.00 | Strong | Secular base lows formed in 2022 and early 2023. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $238.00 | $236.00 - $240.00 | Strong | Current month's high and rejection level. |
| $277.50 | $275.00 - $280.00 | Weak | Aligns with the Upper Bollinger Band and historical breakdown levels from 2022. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Rounding Bottom | Bullish | $277.00 | A large, multi-year saucer shape indicating a shift from distribution to accumulation, characterized by progressively higher lows since 2022. |
Frequently Asked Questions about SNOW
What is the current sentiment for SNOW?
The short-term sentiment for SNOW is currently Neutral because Price is experiencing a sharp pullback (-12.15%) from recent highs, testing the breakout zone, though the medium-term uptrend structure remains technically intact.. 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 $181.00 and $145.00. 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 105/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.