SERVICENOW INC (NOW) Stock Technical Analysis
USA - NYSE:NOW - US81762P1021 - Common Stock
We assign a technical rating of 4 out of 10 to NOW. Recently some decent action could be observed, but in the medium term time frame this is still negative. NOW was also a bad performer in the overall market in the last year.
NOW has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 923.83, a Stop Loss order could be placed below this zone.
More info and screens
756.67
5 important support areas can be observed.
- A support zone ranging from 914.85 to 923.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @900.28 from a trend line in the daily time frame.
- A support zone ranging from 864.66 to 867.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @850.85 from a horizontal line in the daily time frame.
- Support @764.31 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @953.91 from a trend line in the daily time frame.
- Resistance @988.84 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.
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 | UP | POSITIVE | The short term trend for NOW is up. |
| ChartMill Relative Strength | 29.76 | NEGATIVE | NOW has a low relative strength, it was outperformed by 70.24% 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) | DOWN | NEGATIVE | The current price of NOW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.05 | NEUTRAL | The RSI value for NOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.5 | POSITIVE | The MACD value suggests NOW has a positive trend. |
| Stochastics (14,3) | 86.65 | OVERBOUGHT | The high Stochastics value suggests NOW may be overbought. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for NOW suggests some volalility. |
| Average Directional Index/ADX (14) | 13.45 | NEGATIVE | The low ADX value for NOW suggests a weak or negative trend. |
939.17
+3.52 (+0.38%)
SERVICENOW INC / NOW FAQ
What is the ChartMill technical rating of SERVICENOW INC (NOW) stock?
ChartMill assigns a technical rating of 4 / 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 56.0547. This indicates that the stock is currently neutral.
What are the support and resistance levels for SERVICENOW INC (NOW) stock?
SERVICENOW INC (NOW) has a support level at 923.83 and a resistance level at 953.91. Check the full technical report for our detailed analysis of NOW support and resistance levels.