SNOW

SNOW

Snowflake Inc
Technology
$322.78 -3.01% As of Aug 24, 9:01 PM
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Technical Analysis

MACD Confirms SNOW Downtrend at $322.78

Bearish
Aug 24, 2026 at 9:01 PM • $322.78 (-3.01%)

The stock of Snowflake Inc (SNOW) dropped 3.01% to close at $322.78 on August 24.

Chart analysis reveals a bearish configuration:

Moving Averages The 9-day EMA ($325.57) and 21-day ($314.43) offer no clear directional bias currently.
Momentum RSI at 59.9 is in neutral territory but trending lower. MACD is bearish (14.68 vs signal 17.16).
Volatility Bollinger Band width at 22.7% indicates normal volatility.

Support sits at $281.85 with resistance at $354.05.

Technical Strength: SNOW Clears Moving Averages at $332.78

Bullish
Aug 24, 2026 at 12:59 AM • $332.78 (+3.58%)

Snowflake Inc (SNOW) gained 3.58% to finish at $332.78 on August 24.

The technical setup looks mixed:

Momentum RSI at 68.9 is neutral but weakening. MACD is bearish (15.93 vs signal 17.78).
Moving Averages Moving averages are stacked bullishly—9-day EMA ($326.27) supports, 21-day ($313.59) below.
Volatility Bollinger Band width at 26.0% indicates normal volatility.

While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.

The $274.48-$356.43 range defines near-term boundaries.

SNOW Breaks Out at $332.78 as Moving Averages Align

Bullish
Aug 22, 2026 at 12:41 AM • $332.78 (+3.58%)

SNOW Rallies to $332.78 on Bullish EMA Alignment

Bullish
Aug 21, 2026 at 9:01 PM • $332.78 (+3.58%)

SNOW MACD Line Drops Below Signal at $321.29

Bearish
Aug 21, 2026 at 12:59 AM • $321.29 (-1.15%)
Systematic technical analysis • Updated daily after market close
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Market Summary

Current Price $322.78
Daily Change -3.01%
Sentiment Bearish
Sector Technology
Last Updated Aug 24

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Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.