NOW Technical Analysis - SERVICENOW INC

Technical Rating and Analysis

We assign a technical rating of 1 out of 10 to NOW. NOW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, NOW is a bad performer in the overall market: 79% of all stocks are doing better.

In the last month NOW has a been trading in the 892.25 - 973.63 range, which is quite wide. It is currently trading near the lows of this range.

NOW has an average volume of 1700370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!

NOW is an average performer in the Software industry, it outperforms 41% of 281 stocks in the same industry.

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.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

NOW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

752.29

1,055.15

When analyzing the support we can see 4 important areas.

Support @899.67 from a trend line in the daily time frame.
Support @867.23 from a horizontal line in the weekly time frame.
Support @850.85 from a horizontal line in the daily time frame.
Support @759.89 from a trend line in the weekly time frame.

When analyzing the resistance we notice 4 important areas.

A resistance zone ranging from 917.23 to 933.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @971.37 from a trend line in the daily time frame.
Resistance @999.31 from a trend line in the weekly time frame.
A resistance zone ranging from 1044.70 to 1044.70. This zone is formed by a combination of multiple trend lines in multiple time frames.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

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	NEUTRAL	NEUTRAL	The long term trend for NOW is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for NOW is down.
ChartMill Relative Strength	21.58	NEGATIVE	NOW has a low relative strength, it was outperformed by 78.42% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of NOW is below the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of NOW is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of NOW is below a declining SMA(200).
Relative Strength Index/RSI (14)	45.25	NEUTRAL	The RSI value for NOW is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-3.66	NEGATIVE	The MACD value suggests NOW has a negative trend.
Stochastics (14,3)	23.18	NEUTRAL	The Stochastics value for NOW is a neutral value.
Average True Range in percent/ATR (20)	2.73	MEDIUM VOLATILITY	The ATR as a percentage value for NOW suggests some volalility.
Average Directional Index/ADX (14)	13.81	NEGATIVE	The low ADX value for NOW suggests a weak or negative trend.