Snowflake Tokenized Stock (SNOW) Sat Below Key Averages in Nov. 7 Snapshot

Snowflake Tokenized Stock (SNOW) was quoted at $277.17 in a Nov. 7 market snapshot, down 0.18% for the day. The price sat below several moving averages and just above a listed pivot of $276.16.

SNOW’s 24-hour range was $266.69 to $284.61, with $767,262 in Binance Futures volume. The listed immediate support was $267.70, followed by strong support at $258.24. Immediate resistance was $285.62, with strong resistance at $294.08.

The price was below its seven-day simple moving average of $286.26 and 12-day exponential moving average of $294.81. It was also below the 20-day simple moving average of $309.12 and 20-day exponential moving average of $308.90, as well as the 50-day simple moving average of $326.45.

The 14-period relative strength index was 31.99. The moving average convergence divergence reading and its signal line were both -14.0886, leaving the histogram at -0.0000. Stochastic readings were 15.86 for %K and 12.69 for %D.

SNOW was near its lower Bollinger Band, listed at $269.88, with a %B reading of 0.0929. The daily average true range over 14 periods was $15.27.

On Binance Futures, the funding rate was 0.0000%. Open interest stood at 1,436.68 contracts, valued at $399,565, up 0.21% over 24 hours.

Global Binance Futures accounts were 57.9% long and 42.1% short at 6 a.m. ET (11:00 UTC) Nov. 7. Top-trader accounts were 56.3% long and 43.7% short at 5 a.m. ET (10:00 UTC). These account splits describe Binance Futures traders, not SNOW shareholder positions.