SERVICENOW INC. - Daily - Technical analysis published on 09/12/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 277.96 USD
My targets
248.89 USD (-1.88%)
236.38 USD (-6.82%)
My analysis
In the short term, we can see an acceleration in the bearish trend on SERVICENOW INC., which is a positive signal for sellers. As long as the price remains above 277.96 USD, a sale could be considered. The first bearish objective is located at 248.89 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 236.38 USD as an objective. Crossing it would then enable sellers to target 204.58 USD. If the price were to return above 277.96 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.4
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SERVICENOW INC. rating is 253.67 USD. On the day, this instrument gained +0.19% and was between 251.02 USD and 259.07 USD. This implies that the price is at +1.06% from its lowest and at -2.08% from its highest.251.02
259.07
253.67
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this SERVICENOW INC. chart shows a bearish trend. The signals given by moving averages are 75% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
Support of triangle is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 204.58 | 236.38 | 248.89 | 253.67 | 277.96 | 289.11 | 302.31 |
Change (%) | -19.35% | -6.82% | -1.88% | - | +9.58% | +13.97% | +19.17% |
Change | -49.09 | -17.29 | -4.78 | - | +24.29 | +35.44 | +48.64 |
Level | Minor | Intermediate | Major | - | Intermediate | Minor | Major |
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 | 238.73 | 242.62 | 247.90 | 251.78 | 257.06 | 260.95 | 266.23 |
Camarilla | 250.66 | 251.50 | 252.34 | 253.18 | 254.02 | 254.86 | 255.70 |
Woodie | 239.43 | 242.97 | 248.60 | 252.13 | 257.76 | 261.30 | 266.93 |
Fibonacci | 242.62 | 246.12 | 248.28 | 251.78 | 255.28 | 257.45 | 260.95 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 245.79 | 253.20 | 258.35 | 265.75 | 270.91 | 278.31 | 283.46 |
Camarilla | 260.05 | 261.20 | 262.35 | 263.50 | 264.65 | 265.80 | 266.95 |
Woodie | 244.66 | 252.63 | 257.22 | 265.19 | 269.78 | 277.75 | 282.34 |
Fibonacci | 253.20 | 257.99 | 260.96 | 265.75 | 270.55 | 273.52 | 278.31 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 215.92 | 233.05 | 247.45 | 264.58 | 278.98 | 296.11 | 310.51 |
Camarilla | 253.17 | 256.06 | 258.95 | 261.84 | 264.73 | 267.62 | 270.51 |
Woodie | 214.55 | 232.37 | 246.08 | 263.90 | 277.61 | 295.43 | 309.14 |
Fibonacci | 233.05 | 245.10 | 252.54 | 264.58 | 276.63 | 284.07 | 296.11 |
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): | 39.23 | |
MACD (12,26,9): | -3.5200 | |
Directional Movement: | -10.37 | |
AROON (14): | -78.57 | |
DEMA (21): | 257.43 | |
Parabolic SAR (0,02-0,02-0,2): | 270.69 | |
Elder Ray (13): | -5.52 | |
Super Trend (3,10): | 276.30 | |
Zig ZAG (10): | 253.67 | |
VORTEX (21): | 0.8700 | |
Stochastique (14,3,5): | 22.80 | |
TEMA (21): | 257.39 | |
Williams %R (14): | -74.45 | |
Chande Momentum Oscillator (20): | -9.40 | |
Repulse (5,40,3): | -1.6900 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.1900 | |
Courbe Coppock: | 0.20 |
MA7: | 260.94 | |
MA20: | 260.60 | |
MA50: | 274.62 | |
MA100: | 271.90 | |
MAexp7: | 258.56 | |
MAexp20: | 262.31 | |
MAexp50: | 267.49 | |
MAexp100: | 263.97 | |
Price / MA7: | -2.79% | |
Price / MA20: | -2.66% | |
Price / MA50: | -7.63% | |
Price / MA100: | -6.70% | |
Price / MAexp7: | -1.89% | |
Price / MAexp20: | -3.29% | |
Price / MAexp50: | -5.17% | |
Price / MAexp100: | -3.90% |
News
The last news published on SERVICENOW INC. at the time of the generation of this analysis was as follows:
- ServiceNow Named a Leader in Gartner Magic Quadrant for IT Service Management Tools for Sixth Consecutive Year
- ServiceNow Delivers Native Mobile Experiences at Scale for Work
- Deloitte and ServiceNow Announce New Strategic Agreement to Accelerate Enterprise Digital Transformation for Organizations
- Stefanini Reinforces Partnership with ServiceNow at Knowledge19
- OpsRamp Sponsors ServiceNow’s Knowledge 2019 in Las Vegas
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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