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Archive - 8/22/2025 - 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 first positive week after 3 consecutive negative weeks for the ServiceNow (NOW). During the week, the NOW gained 19.51 points, or 2.25%, and closed at 886.75 on Friday, August 22, 2025. Weekly volume was 21% above average. NOW is a member of Systems Software Industry. Systems Software is the eighth 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 uptrend had started on April 7, 2025 at 678.70 and reached 1057.39 on July 3, 2025. NOW gained -378.69 points, or -55.80%, in 12 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (1186.82) is broken. A broken support is considered to be a long-term bearish signal. 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 1057.39 and reached 840.03 on August 12, 2025. NOW lost 217.36 points, or 20.56%, in 5 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 805.80 and resistance is at 1041.42. A Broadening Descending 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 Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See NOW weekly technical indicators chart] Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). 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 link to access Lane's Stochastic 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 uptrend had started on August 12, 2025 at 840.03 and reached 900.91 on August 19, 2025. NOW gained -60.88 points, or -7.25%, in 7 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See NOW daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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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