SERVICENOW INC (NOW) Stock Technical Analysis
USA - NYSE:NOW - US81762P1021 - Common Stock
Overall NOW gets a technical rating of 0 out of 10. NOW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
NOW has a poor technical rating and the quality of the setup is also only medium 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
762.49
We found 1 important support area.
- Support @770.19 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 866.31 to 871.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 891.47 to 903.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 922.92 to 930.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 961.15 to 974.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for NOW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NOW is down. |
| ChartMill Relative Strength | 20.86 | NEGATIVE | NOW has a low relative strength, it was outperformed by 79.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NOW is below a declining 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) | 31.25 | NEUTRAL | The RSI value for NOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -6.6 | NEGATIVE | The MACD value suggests NOW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.37 | OVERSOLD | The low Stochastics value suggests NOW may be oversold. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for NOW suggests some volalility. |
| Average Directional Index/ADX (14) | 24.96 | NEUTRAL | The ADX value for NOW suggests a possible start of a new trend. |
813.43
+12.97 (+1.62%)
SERVICENOW INC / NOW FAQ
What is the ChartMill technical rating of SERVICENOW INC (NOW) stock?
ChartMill assigns a technical rating of 0 / 10 to NOW.
What is the trend direction for NOW stock?
The current trend direction for SERVICENOW INC (NOW) is Bearish.
What is the RSI signal for SERVICENOW INC (NOW) stock?
SERVICENOW INC (NOW) has an RSI value of 31.2519. This indicates that the stock is currently neutral.
What is the buy/sell signal for SERVICENOW INC (NOW) stock?
The buy/sell signal for SERVICENOW INC (NOW) is sell as both the short term and long term trends are negative.
What is the support and resistance level for NOW stock?
SERVICENOW INC (NOW) has a support level at 770.19 and a resistance level at 866.31. Check the full technical report for our detailed analysis of NOW support and resistance levels.