SNOW Weekly Technical Analysis
Snowflake Inc
Cloud data platform for storing and analyzing data across providers.
SNOW Technical Analysis Summary
SNOW has been in a prolonged structural uptrend since bottoming out. Price action remains bullish on the weekly timeframe as it holds above rising 20-week and 50-week moving averages, continually establishing higher lows. The MACD remains positive and RSI is in a healthy bullish regime, suggesting momentum continues to favor the upside.
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SNOW Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Price is rebounding strongly off the 20-week MA and pushing back toward recent highs, supported by a rising RSI.
Long-term Sentiment (weeks to months): Bullish
The 50-week MA is trending upward, and price action is generally making higher lows and higher highs since the major bottom in late 2022/early 2023.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-06-06T09:07:26.920Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $207.50 | $205.00 - $210.00 | Strong | Confluence of the 50-week moving average and recent swing low support. |
| $172.50 | $170.00 - $175.00 | Strong | 200-week moving average and major prior consolidation zone. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $245.00 | $240.00 - $250.00 | Weak | Immediate resistance area near recent local highs. |
| $275.00 | $270.00 - $280.00 | Strong | Major swing high established earlier in the recovery. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Ascending Channel / Higher Lows | Bullish | N/A | Price continues to form a series of higher lows, indicating a sustained uptrend since the major bottom. |
Frequently Asked Questions about SNOW
What is the current sentiment for SNOW?
The short-term sentiment for SNOW is currently Bullish because Price is rebounding strongly off the 20-week MA and pushing back toward recent highs, supported by a rising RSI.. 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 $207.50 and $172.50. 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 80/100. 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.