SERVICENOW INC (NOW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NOW - US81762P1021 - Common Stock
Overall NOW gets a technical rating of 0 out of 10. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, NOW is a bad performer in the overall market: 91% of all stocks are doing better.
- NOW is one of the lesser performing stocks in the Software industry. 65% of 277 stocks in the same industry do better.
- NOW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month NOW has a been trading in the 123.78 - 155.69 range, which is quite wide. It is currently trading near the lows of this range.
- NOW has an average volume of 6390760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
The technical rating of NOW is bad and it also does not present a 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
131.78
4 important resistance areas can be observed.
- Resistance @159.71 from a trend line in the daily time frame.
- Resistance @164.89 from a trend line in the weekly time frame.
- Resistance @174.50 from a trend line in the daily time frame.
- Resistance @188.69 from a trend 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 | 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 | 9.19 | NEGATIVE | NOW has a low relative strength, it was outperformed by 90.81% 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) | 34.66 | NEUTRAL | The RSI value for NOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.74 | NEGATIVE | The MACD value suggests NOW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.04 | OVERSOLD | The low Stochastics value suggests NOW may be oversold. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for NOW suggests some volalility. |
| Average Directional Index/ADX (14) | 43.1 | POSITIVE | The high ADX value value for NOW suggests a strong trend. |
133.11
+4.55 (+3.54%)
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 current trend direction of SERVICENOW INC (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 34.6633. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SERVICENOW INC?
The MACD indicator for SERVICENOW INC (NOW) has a value of -0.74231, indicating a bearish trend.
What is the short term momentum for SERVICENOW INC (NOW) stock?
The short term momentum for SERVICENOW INC (NOW) is negative.