Technical Analysis for NOW - ServiceNow, Inc.

Grade Last Price % Change Price Change
D 656.93 2.12% 13.64
NOW closed up 2.12 percent on Friday, May 31, 2024, on 3.37 times normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Volume Surge Other 0.00%
Calm After Storm Range Contraction 0.00%
Gapped Up Strength 0.00%
Below Lower BB Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 200 DMA Bearish 2.12%
MACD Bearish Centerline Cross Bearish 2.12%
Expansion Breakdown Bearish Swing Setup 2.12%
Volume Surge Other 2.12%

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Profile

ServiceNow, Inc. Description

ServiceNow, Inc. engages in the provision of cloud-based services to automate enterprise IT operations primarily in North America, Europe, the Middle East, Africa, and the Asia Pacific. Its services comprise management applications, including project management, IT cost management, and IT governance, risk and compliance; operational applications, such as incident management, problem management, change management, release management, service catalog and request management, and software development lifecycle management; and infrastructure applications consisting of configuration management, discovery, asset management, and orchestration. The company offers service automation platform and custom applications; professional services, including implementation services, and customer guidance on implementation, as well as integration and implementation projects, and development of custom applications; training and certification solutions; and technical support through Web, phone, online documentation, and an online forum. ServiceNow, Inc. sells its products directly, as well as through strategic resellers and system integrators. It operates data centers in eleven locations in the United States, Canada, the United Kingdom, the Netherlands, Switzerland, and Australia. The company, formerly known as Service-now.com, was founded in 2004 and is headquartered in San Diego, California.


Classification

Sector: Technology
Industry: Software - Application
Keywords: S&P 500 Computing Asset Management Software As A Service Systems Integrator Project Management Information Technology Management Software Development Data Center Cloud Applications Lifecycle Management Management Applications Change Management Configuration Management Cost Management Incident Management Release Management Certification Solutions

Is NOW a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 815.32
52 Week Low 526.11
Average Volume 1,275,744
200-Day Moving Average 683.27
50-Day Moving Average 741.53
20-Day Moving Average 732.23
10-Day Moving Average 734.40
Average True Range 23.37
RSI (14) 31.97
ADX 19.14
+DI 15.12
-DI 45.54
Chandelier Exit (Long, 3 ATRs) 714.21
Chandelier Exit (Short, 3 ATRs) 708.11
Upper Bollinger Bands 800.16
Lower Bollinger Band 664.30
Percent B (%b) -0.05
BandWidth 18.56
MACD Line -11.19
MACD Signal Line -1.33
MACD Histogram -9.8595
Fundamentals Value
Market Cap 134.67 Billion
Num Shares 205 Million
EPS 8.45
Price-to-Earnings (P/E) Ratio 77.74
Price-to-Sales 18.37
Price-to-Book 21.85
PEG Ratio 3.05
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 686.26
Resistance 3 (R3) 683.20 670.37 681.37
Resistance 2 (R2) 670.37 662.90 671.90 679.74
Resistance 1 (R1) 663.65 658.29 667.01 666.71 678.11
Pivot Point 650.82 650.82 652.50 652.35 650.82
Support 1 (S1) 644.10 643.35 647.46 647.16 635.75
Support 2 (S2) 631.27 638.74 632.80 634.12
Support 3 (S3) 624.55 631.27 632.49
Support 4 (S4) 627.61