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Archive - 5/8/2026 - 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 a second consecutive positive week for the ServiceNow (NOW). During the week, the NOW climbed 0.02 points, or 0.02%, and closed at 91.18 on Friday, May 8, 2026. Weekly volume was 99% above average. NOW is a member of Information Technology Sector. Information Technology is the most overbought sector. 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 81.24 on April 10, 2026. NOW lost 158.38 points, or 66.10%, in 62 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend support line (237.01) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. 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 81.24 on April 10, 2026. NOW lost 130.24 points, or 61.59%, in 40 weeks. The price is now at the 7.63% retracement level.
Weekly Technical Indicators: [See NOW weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 March 9, 2026 at 126.67 and reached 81.24 on April 10, 2026. NOW lost 45.43 points, or 35.86%, in 32 days. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 86.44 and resistance is at 94.89. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a short-term trend.
Daily Technical Indicators: [See NOW daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since April 30, 2026. The distance between MACD and the signal line is low, but getting bigger. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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