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Candlesticks Name: | Bullish Doji Star |
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Number of records: 1 |
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Advanced TA SearchArchive - 5/3/2024 - Sign In to see current Signals. |
ServiceNow (NOW) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the ServiceNow (NOW). During the week, the NOW gave back -6.90 points, or -0.95%, and closed at 716.65 on Friday, May 3, 2024. Weekly volume was 10% above average. Long-term trend: [See NOW long-term trend chart] A long-term uptrend had started on October 13, 2022 at 337.00 and reached 815.27 on February 9, 2024. NOW gained -478.27 points, or -141.92%, in 69 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 622.23 and resistance is at 887.32. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend. Medium-term trend: [See NOW medium-term trend chart] A medium-term downtrend had started on March 13, 2024 at 807.77 and reached 683.89 on May 1, 2024. NOW lost 123.88 points, or 15.34%, in 7 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 680.63 and resistance is at 783.11. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend. Weekly Technical Indicators: [See NOW weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since March 8, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help. Short-term trend: [See NOW short-term trend chart] A short-term uptrend had started on May 1, 2024 at 683.89 and reached 724.65 on May 3, 2024. NOW gained -40.76 points, or -5.96%, in 2 days. The price is now at the 19.63% retracement level. Daily Technical Indicators: [See NOW daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since April 12, 2024.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Information Technology |
4 |
Industry |
Systems Software |
29 |
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Daily Trend |
Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Low |
683.89 |
Low Date |
05/01/2024 |
High |
724.65 |
High Date |
05/03/2024 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
683.89 |
Low Date |
05/01/2024 |
High |
724.65 |
High Date |
05/03/2024 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Broadening Descending Wedge |
Status |
Valid |
Resistance |
783.11 |
Support |
680.63 |
High |
807.77 |
High Date |
03/13/2024 |
Low |
683.89 |
Low Date |
05/01/2024 |
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Quarterly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
815.27 |
High Date |
02/09/2024 |
Low |
683.89 |
Low Date |
05/01/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Valid |
Resistance |
887.32 |
Support |
622.23 |
Low |
337.00 |
Low Date |
10/13/2022 |
High |
815.27 |
High Date |
02/09/2024 |
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