SERVICENOW INC.
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 11/14/2022 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
50%
11%
39%
My opinion
Bearish under 412.25 USD
My targets
357.72 USD (-9.15%)
302.31 USD (-23.22%)
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 under the resistance located at 412.25 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 357.72 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 302.31 USD as an objective. Crossing it would then enable sellers to target 220.01 USD. If the resistance 412.25 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
1.3

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:
15 min. 1H Weekly

Additional analysis

Quotes

SERVICENOW INC. rating 393.76 USD. The price registered a decrease of -3.94% on the session and was traded between 391.22 USD and 403.69 USD over the period. The price is currently at +0.65% from its lowest and -2.46% from its highest.

391.22
403.69
393.76

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

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this Daily chart of SERVICENOW INC. indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Black evening star

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 220.01 302.31 357.72 393.76 412.25 453.83 516.20
Change (%) -44.13% -23.22% -9.15% - +4.70% +15.26% +31.10%
Change -173.75 -91.45 -36.04 - +18.49 +60.07 +122.44
Level Intermediate Intermediate Major - Major Minor 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
Standard381.86393.29401.60413.03421.34432.77441.08
Camarilla404.48406.29408.10409.91411.72413.53415.34
Woodie380.30392.51400.04412.25419.78431.99439.52
Fibonacci393.29400.83405.49413.03420.57425.23432.77


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard292.74322.00365.95395.21439.16468.42512.37
Camarilla389.78396.49403.20409.91416.62423.33430.04
Woodie300.10325.67373.31398.88446.52472.09519.73
Fibonacci322.00349.96367.24395.21423.17440.45468.42


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard264.31300.65360.70397.04457.09493.43553.48
Camarilla394.23403.07411.90420.74429.58438.41447.25
Woodie276.16306.58372.55402.97468.94499.36565.33
Fibonacci300.65337.47360.22397.04433.86456.61493.43

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 51.82
MACD (12,26,9): -0.2500
Directional Movement: 5.15
AROON (14): 28.57
DEMA (21): 384.43
Parabolic SAR (0,02-0,02-0,2): 352.71
Elder Ray (13): 10.09
Super Trend (3,10): 420.26
Zig ZAG (10): 393.34
VORTEX (21): 0.9200
Stochastique (14,3,5): 65.22
TEMA (21): 392.67
Williams %R (14): -46.24
Chande Momentum Oscillator (20): -22.07
Repulse (5,40,3): -3.2500
ROCnROLL: -1
TRIX (15,9): -0.1000
Courbe Coppock: 8.00
MA7: 380.79
MA20: 382.90
MA50: 396.42
MA100: 431.20
MAexp7: 390.22
MAexp20: 386.85
MAexp50: 399.09
MAexp100: 424.74
Price / MA7: +3.41%
Price / MA20: +2.84%
Price / MA50: -0.67%
Price / MA100: -8.68%
Price / MAexp7: +0.78%
Price / MAexp20: +1.66%
Price / MAexp50: -1.46%
Price / MAexp100: -7.41%

Quotes : - 15 min delayed data - NYSE Stocks

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

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