SERVICENOW INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	NOW
ISIN:

SERVICENOW INC. - Daily - Technical analysis published on 11/16/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

78%

17%

My opinion

Bullish above 412.25 USD

My targets

453.83 USD (+8.19%)

516.20 USD (+23.06%)

My analysis

The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for SERVICENOW INC. as long as the price remains well above 412.25 USD. The buyers' bullish objective is set at 453.83 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 516.20 USD. If there is any crossing, the next objective would be the resistance located at 560.77 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 453.83 USD. On this resistance, against the trend traders who would like to go short on SERVICENOW INC. with a bearish signal from their trading strategy, should not hesitate to act.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

2.7

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Clay707. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

SERVICENOW INC. rating 419.48 USD. On the day, this instrument gained +4.77% with the lowest point at 414.21 USD and the highest point at 425.39 USD. The deviation from the price is +1.27% for the low point and -1.39% for the high point.

414.21

425.39

419.48

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by SERVICENOW INC.:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this SERVICENOW INC. chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	341.76	370.10	412.25	419.48	453.83	516.20	560.77
Change (%)	-18.53%	-11.77%	-1.72%	-	+8.19%	+23.06%	+33.68%
Change	-77.72	-49.38	-7.23	-	+34.35	+96.72	+141.29
Level	Major	Intermediate	Major	-	Minor	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	402.82	408.51	414.00	419.69	425.18	430.87	436.36
Camarilla	416.41	417.43	418.46	419.48	420.51	421.53	422.56
Woodie	402.71	408.46	413.89	419.64	425.07	430.82	436.25
Fibonacci	408.51	412.78	415.42	419.69	423.96	426.60	430.87

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	292.74	322.00	365.95	395.21	439.16	468.42	512.37
Camarilla	389.78	396.49	403.20	409.91	416.62	423.33	430.04
Woodie	300.10	325.67	373.31	398.88	446.52	472.09	519.73
Fibonacci	322.00	349.96	367.24	395.21	423.17	440.45	468.42

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	264.31	300.65	360.70	397.04	457.09	493.43	553.48
Camarilla	394.23	403.07	411.90	420.74	429.58	438.41	447.25
Woodie	276.16	306.58	372.55	402.97	468.94	499.36	565.33
Fibonacci	300.65	337.47	360.22	397.04	433.86	456.61	493.43

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	58.64
MACD (12,26,9):	2.6800
Directional Movement:	11.00
AROON (14):	28.57
DEMA (21):	391.29
Parabolic SAR (0,02-0,02-0,2):	354.15
Elder Ray (13):	27.00
Super Trend (3,10):	420.26
Zig ZAG (10):	419.48
VORTEX (21):	0.9400
Stochastique (14,3,5):	74.35
TEMA (21):	401.80
Williams %R (14):	-13.62
Chande Momentum Oscillator (20):	-0.92
Repulse (5,40,3):	0.5400
ROCnROLL:	1
TRIX (15,9):	-0.0600
Courbe Coppock:	9.00

MA7:	389.92
MA20:	386.34
MA50:	396.33
MA100:	430.42
MAexp7:	398.70
MAexp20:	390.48
MAexp50:	400.12
MAexp100:	424.73
Price / MA7:	+7.58%
Price / MA20:	+8.58%
Price / MA50:	+5.84%
Price / MA100:	-2.54%
Price / MAexp7:	+5.21%
Price / MAexp20:	+7.43%
Price / MAexp50:	+4.84%
Price / MAexp100:	-1.24%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on SERVICENOW INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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