SERVICENOW INC (NOW) Stock Technical Analysis
NYSE:NOW - New York Stock Exchange, Inc. - US81762P1021 - Common Stock - Currency: USD
Overall NOW gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NOW is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
NOW is part of the Software industry. There are 282 other stocks in this industry. NOW outperforms 73% of them.
In the last month NOW has a been trading in the 956.83 - 1057.39 range, which is quite wide. It is currently trading near the high of this range.
NOW has an average volume of 1445900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that NOW is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
NOW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NOW is lagging the market.
Although NOW has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
744.77
1,136.24
3 important support areas can be observed.
- Support @1040.18 from a horizontal line in the daily time frame.
- A support zone ranging from 971.40 to 1017.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @752.29 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @1124.99 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NOW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NOW is up. |
| ChartMill Relative Strength | 86.42 | POSITIVE | NOW has a high relative strength, it outperformed 86.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NOW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NOW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NOW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.13 | NEUTRAL | The RSI value for NOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.72 | POSITIVE | The MACD value suggests NOW has a positive trend. |
| Stochastics (14,3) | 74.38 | NEUTRAL | The Stochastics value for NOW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for NOW suggests some volalility. |
| Average Directional Index/ADX (14) | 15.02 | NEGATIVE | The low ADX value for NOW suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1044.69
+34.93 (+3.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg3.46%
1 Week3.29%
2 Weeks6.38%
1 Month3.15%
3 Month44.76%
6 Month-2.71%
12 Month29.54%
2 Year79.19%
3 Year133.89%
5 Year137.86%
10 Year1197.75%
15 YearN/A
Volatility
ATR(14)24.51
ATR(20)%2.17%
ATR Inc54.78%
Range Today42.39
ADR(20)21.52
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.42
Mansfield0.25
10 Day High1057.39
10 Day Low956.83
20 Day High1057.39
20 Day Low956.83
52 Week High1198.09
52 Week Low678.66
CS1 End1005.55
CR1 Start1040.18
Volume & EV
DER(3)-0.95%
DER(5)-0.16%
Volume1.21M
Volume Incr-1.92%
Vol(5)1.17M
Vol(50)1.45M