SNOW Monthly Technical Analysis
Snowflake Inc
Cloud data platform for storing and analyzing data across providers.
SNOW Technical Analysis Summary
SNOW has successfully completed a multi-year bottoming process and is in an aggressive secular expansion phase. The decisive monthly breakout above the key $200-$240 level is supported by expanding Bollinger Bands and robust RSI momentum above 60. As long as price holds above the primary $200-$215 breakout support, the path of least resistance points toward retesting the historical resistance zones between $380 and $405.
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SNOW Monthly Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Strong impulsive expansion riding above the upper Bollinger Band (317.52) with RSI at 66.89 reflecting powerful upside momentum.
Long-term Sentiment (weeks to months): Bullish
Clear breakout from a multi-year secular accumulation base, with price trading substantially above rising 20-month and 50-month moving averages.
Report Metadata
- Timeframe: monthly
- Generated at: 2026-09-01T06:41:21.926Z
- Model: gemini-3.7-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $207.75 | $200.00 - $215.50 | Strong | Prior multi-year resistance pivot and confluence with the rising 20-month SMA. |
| $118.50 | $107.00 - $130.00 | Strong | Major multi-year base floor formed during the 2022-2024 bottoming structure. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $392.50 | $380.00 - $405.00 | Strong | Major swing highs from late 2021 before the secular decline. |
| $425.00 | $420.00 - $430.00 | Weak | All-time high spike peak established in late 2020. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Multi-Year Rounded Base Breakout | Bullish | $400.00 | A multi-year accumulation base between roughly $110 and $240 that broke out strongly to the upside, continuing a secular trend reversal. |
Frequently Asked Questions about SNOW
What is the current sentiment for SNOW?
The short-term sentiment for SNOW is currently Bullish because Strong impulsive expansion riding above the upper Bollinger Band (317.52) with RSI at 66.89 reflecting powerful upside momentum.. 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 $207.75 and $118.50. 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.