SNOW Weekly Technical Analysis
Snowflake Inc
Cloud data platform for storing and analyzing data across providers.
SNOW Technical Analysis Summary
Snowflake exhibits robust long-term bullish momentum following a clean multi-year base breakout above 280, comfortably trading above all major weekly moving averages. Although the weekly RSI is extended at 76.23 and upper Bollinger Band resistance was tested near 385, the broader weekly trend remains aggressively upward. Long-term investors should monitor any pullbacks toward the 270-285 breakout zone as potential consolidation before a test of the 400-405 historical peak region.
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SNOW Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Price is in a powerful vertical expansion along the upper Bollinger Band, supported by strong volume and an RSI of 76.23 showing persistent bullish momentum.
Long-term Sentiment (weeks to months): Bullish
The stock has staged a decisive multi-year base breakout, trading well above upward-sloping 50-week (223.83) and 200-week (178.51) moving averages and taking out major swing highs.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-09-04T21:03:23.573Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $277.50 | $270.00 - $285.00 | Strong | Prior multi-month resistance high from late 2025, now acting as primary polarity support. |
| $245.00 | $240.00 - $250.00 | Strong | Confluence of previous horizontal shelf and the rising 20-week SMA (middle Bollinger Band). |
| $220.00 | $215.00 - $225.00 | Weak | Zone surrounding the rising 50-week moving average. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $392.50 | $380.00 - $405.00 | Strong | Recent swing high at 384.56 aligning with the major late-2021 breakdown level near 400. |
| $425.00 | $420.00 - $430.00 | Strong | Late 2021 all-time peak resistance zone. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Multi-Year Base Breakout | Bullish | $405.00 | A breakout above the prolonged accumulation base and neckline resistance around 280, driving price toward late 2021 highs. |
Frequently Asked Questions about SNOW
What is the current sentiment for SNOW?
The short-term sentiment for SNOW is currently Bullish because Price is in a powerful vertical expansion along the upper Bollinger Band, supported by strong volume and an RSI of 76.23 showing persistent bullish 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 $277.50 and $245.00. 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.