The Greedy Trader Weekly Analysis
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Downtrend exhaustion - Stock Market Timing Signals and trading strategies.

Downtrend exhaustion stock alert presents a stock market trading strategy based on combination of timing signals, technical indicators, trend analysis and pattern recognition. Stock market alert is a warning signal. It indicates that long term downtrend is exhausted and probability of long term trend reversal is high. Downtrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for undervalued stocks. The strategy is based on taking long position on anticipation of downtrend reversal. Downtrend exhaustion timing strategy and stock trading system presents alerts for S&P 500 index members, ETFs and market indices. As S&P 500 trading system it shows excellent results for index timing also.

Downtrend Exhaustion

Archive
- 1/16/2026 -
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ServiceNow (NOW) Technical Analysis

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Summary:
Weekly :Oversold industryBroken trend support line - Downtrend exhaustionWilliams' Percentage Range and Lane's Stochastic are oversold
Daily :The price is below the lower Bollinger BandRelative Strength Index oversoldWilliams' Percentage Range and Lane's Stochastic are strongly oversold
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It was the negative week for the ServiceNow (NOW). During the week, the NOW dropped -14.49 points, or -10.22%, and closed at 127.31 on Friday, January 16, 2026. Weekly volume was 75% above average.

NOW is a member of Systems Software Industry. Systems Software is the fifth most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See NOW long-term trend chart]
A long-term downtrend had started on January 28, 2025 at 239.62 and reached 126.85 on January 16, 2026. NOW lost 112.77 points, or 47.06%, in 50 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend support line (208.44) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.

Medium-term trend: [See NOW medium-term trend chart]
A medium-term downtrend had started on July 3, 2025 at 211.48 and reached 126.85 on January 16, 2026. NOW lost 84.63 points, or 40.02%, in 28 weeks. Price is near the trend low.

Weekly Technical Indicators: [See NOW weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is below its signal line since July 25, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See NOW short-term trend chart]
A short-term downtrend had started on December 11, 2025 at 175.00 and reached 126.85 on January 16, 2026. NOW lost 48.15 points, or 27.51%, in 36 days. Price is near the trend low.

Daily Technical Indicators: [See NOW daily technical indicators chart]
Daily Relative Strength Index is oversold while Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index or strongly oversold daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Relative Strength Index help.

The daily MACD line is below its signal line since December 15, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong.

The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 13.63
Oversold
Williams' Percentage Range (W%R) 90.80
Strong Oversold
Lane's Stochastic (%D-Slow) 6.79
Strong Oversold
Greed/Fear Indicator (GFI) 9.88
Strong Oversold
Moving Average Converg./Diverg. (MACD) -6.28
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 21.37
Williams' Percentage Range (W%R) 95.80
Strong Oversold
Lane's Stochastic (%D-Slow) 8.81
Strong Oversold
Greed/Fear Indicator (GFI) 14.02
Oversold
Moving Average Converg./Diverg. (MACD) -6.53
Trading Signals
Description Value Chart
Upper Bollinger Band 163.19
50 Day Moving Average 159.01
20 Day Moving Average 147.24
Parabolic System 141.95
Weekly Stochastic Crossing 129.58
Lower Bollinger Band 129.51
Daily Stochastic Crossing 128.30
Price 127.31
Sector and Industry
Description Name Rank
Sector Information Technology 3
Industry Systems Software 5
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 152.11
High Date 01/07/2026
Low 126.85
Low Date 01/16/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 175.00
High Date 12/11/2025
Low 126.85
Low Date 01/16/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 194.73
High Date 09/24/2025
Low 126.85
Low Date 01/16/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 211.48
High Date 07/03/2025
Low 126.85
Low Date 01/16/2026
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 173.88
Support 208.44
High 239.62
High Date 01/28/2025
Low 126.85
Low Date 01/16/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.