For

Snowflake (SNOW)

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, the near-term technical setup is constructive only if price can hold the low-$320s and reclaim the mid-$340s . At the 2026-10-27 close of $334.95 , it was 12.90% below its $384.56 52-week high; using your $333 reference, the gap is 13.41% .

Level / zone Why it matters

$326–$329 support Confluence around the 10-day average ($326.68), 20-day average / Bollinger midline ($335.01) just overhead, and the recent consolidation area. A pullback that stabilizes here would preserve the rebound from the October low.

$315–$323 support Includes the 2026-10-27 intraday low of $322.74 and the recent closes around $315–$323 after the sharp 2026-10-16 selloff. This is the key short-term demand zone.

$302–$307 major support The 2026-10-16 swing low was $302.24; the 20-day lower Bollinger Band is $304.57. A decisive break would weaken the current rebound structure.

$337–$346 first resistance Today’s high was $337.99, while the quoted resistance level is $345.84. This zone also overlaps the prior breakdown area and is the first meaningful test for buyers.

$357–$369 next resistance Multiple October highs and prior resistance readings cluster here, including $357.76–$368.89 closes on 2026-10-09 to 2026-10-13.

$384.56 major resistance The 52-week high, reached on 2026-09-03. It remains the larger overhead supply/reference point.

What the indicators say: SNOW has recovered from its $302.24 October low and is back above its 5-day and 10-day averages, but it remains only around the 20-day average. RSI-6 rose to 57.12 from an oversold 23.47 on 2026-10-16, suggesting the immediate selling pressure has eased. However, MACD remains below its signal line, so trend confirmation is not complete. The 20-day ATR is $15.72 , meaning daily moves can be large enough to move through narrow levels quickly.

Practical read: $337–$346 is the pivotal near-term ceiling. A sustained move above that range would shift focus to $357–$369; rejection there raises the likelihood of a retest of $315–$323. The main invalidation risk for the rebound case is a close below roughly $315, particularly if it is accompanied by stronger volume.

Snowflake

334.95

9.52

+9.52(2.93%)

Post-market:

334.80

-0.1500

-0.04%

19:59 EDT

Information is for reference only and does not constitute investment advice.