SERVICENOW INC. - Daily - Technical analysis published on 04/30/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
39%
39%
My opinion
Bullish above 413.59 USD
My targets
491.27 USD (+6.93%)
516.20 USD (+12.36%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on SERVICENOW INC.. As long as you are above the support located at 413.59 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 491.27 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 516.20 USD as an objective. Crossing it would then enable buyers to target 594.47 USD. If the support 413.59 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2
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This analysis was given by Aatrayu. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SERVICENOW INC. price is 459.42 USD. The price has increased by +1.12% since the last closing and was traded between 449.20 USD and 461.68 USD over the period. The price is currently at +2.28% from its lowest and -0.49% from its highest.449.20
461.68
459.42
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this SERVICENOW INC. chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
On the 18 technical indicators analysed, 4 are bullish, 7 are neutral and 7 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 387.95 | 413.59 | 454.40 | 459.42 | 491.27 | 516.20 | 594.47 |
| Change (%) | -15.56% | -9.98% | -1.09% | - | +6.93% | +12.36% | +29.40% |
| Change | -71.47 | -45.83 | -5.02 | - | +31.85 | +56.78 | +135.05 |
| Level | Minor | Major | Major | - | Intermediate | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 439.37 | 444.29 | 451.85 | 456.77 | 464.33 | 469.25 | 476.81 |
| Camarilla | 455.99 | 457.13 | 458.28 | 459.42 | 460.56 | 461.71 | 462.85 |
| Woodie | 440.70 | 444.95 | 453.18 | 457.43 | 465.66 | 469.91 | 478.14 |
| Fibonacci | 444.29 | 449.05 | 452.00 | 456.77 | 461.53 | 464.48 | 469.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 383.61 | 405.65 | 432.53 | 454.57 | 481.45 | 503.49 | 530.37 |
| Camarilla | 445.97 | 450.45 | 454.94 | 459.42 | 463.90 | 468.39 | 472.87 |
| Woodie | 386.04 | 406.86 | 434.96 | 455.78 | 483.88 | 504.70 | 532.80 |
| Fibonacci | 405.65 | 424.33 | 435.88 | 454.57 | 473.25 | 484.80 | 503.49 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 364.90 | 385.13 | 424.93 | 445.16 | 484.96 | 505.19 | 544.99 |
| Camarilla | 448.21 | 453.72 | 459.22 | 464.72 | 470.22 | 475.73 | 481.23 |
| Woodie | 374.68 | 390.02 | 434.71 | 450.05 | 494.74 | 510.08 | 554.77 |
| Fibonacci | 385.13 | 408.07 | 422.23 | 445.16 | 468.10 | 482.26 | 505.19 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 50.28 | |
| MACD (12,26,9): | 2.6400 | |
| Directional Movement: | -13.84 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 465.91 | |
| Parabolic SAR (0,02-0,02-0,2): | 475.84 | |
| Elder Ray (13): | -6.44 | |
| Super Trend (3,10): | 438.83 | |
| Zig ZAG (10): | 459.42 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 42.83 | |
| TEMA (21): | 463.31 | |
| Williams %R (14): | -45.18 | |
| Chande Momentum Oscillator (20): | -12.01 | |
| Repulse (5,40,3): | 4.2500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 3.09 |
| MA7: | 460.58 | |
| MA20: | 467.62 | |
| MA50: | 448.12 | |
| MA100: | 433.35 | |
| MAexp7: | 459.89 | |
| MAexp20: | 460.87 | |
| MAexp50: | 451.79 | |
| MAexp100: | 441.15 | |
| Price / MA7: | -0.25% | |
| Price / MA20: | -1.75% | |
| Price / MA50: | +2.52% | |
| Price / MA100: | +6.02% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | -0.31% | |
| Price / MAexp50: | +1.69% | |
| Price / MAexp100: | +4.14% |
Quotes :
-
15 min delayed data
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NYSE Stocks
News
The last news published on SERVICENOW INC. at the time of the generation of this analysis was as follows:
- ServiceNow Reports First Quarter 2023 Financial Results
- ServiceNow Appoints Netflix Vice President of Engineering Deborah Black to Board of Directors
- ServiceNow announces new leadership appointments in EMEA
- ServiceNow Reports New Hire Equity Grants
- UNHCR Partners with UNICC and Leading Industry Experts to Bring Cloud-Based Technology to Call Centres for Refugees from Ukraine in Hungary and Poland
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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