The Greedy Trader Weekly Analysis
Sign In Sep 18, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 9/11/2026 -
Sign In to see current Signals.

ServiceNow (NOW) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorLane's Stochastic is overboughtBroken trend resistance line
Daily :Broken trend support lineDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SAR
Move cursor over the icon to see details.

It was the negative week for the ServiceNow (NOW). During the week, the NOW dropped -8.73 points, or -6.18%, and closed at 132.53 on Friday, September 11, 2026. It was the worst weekly loss since June 12, 2026. Weekly volume was -32% below average.

NOW is a member of Information Technology Sector. Information Technology is the second 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 Falling Channel chart pattern. The trend support level is at 53.04 and resistance is at 141.54. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.

Medium-term trend: [See NOW medium-term trend chart]
A medium-term uptrend had started on April 10, 2026 at 81.24 and reached 149.60 on August 31, 2026. NOW gained -68.36 points, or -84.15%, in 20 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (96.97) is broken. Usually a broken resistance is considered to be a long-term bullish 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 resistance line in a medium-term trend.

Weekly Technical Indicators: [See NOW weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 link to access Lane's Stochastic help.

The weekly MACD line is above its signal line since May 15, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. 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 July 23, 2026 at 91.53 and reached 149.60 on August 31, 2026. NOW gained -58.07 points, or -63.44%, in 39 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (147.58) 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 short-term trend.

Daily Technical Indicators: [See NOW daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 53.32
Williams' Percentage Range (W%R) 59.70
Lane's Stochastic (%D-Slow) 26.55
Greed/Fear Indicator (GFI) 40.07
Moving Average Converg./Diverg. (MACD) 6.05
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.15
Williams' Percentage Range (W%R) 28.90
Lane's Stochastic (%D-Slow) 87.14
Overbought
Greed/Fear Indicator (GFI) 71.90
Moving Average Converg./Diverg. (MACD) -4.09
Trading Signals
Description Value Chart
Upper Bollinger Band 148.67
Weekly Trendline Support 147.58
Parabolic System 146.49
Yearly Trendline Resistance 141.54
Weekly Stochastic Crossing 140.98
Daily Stochastic Crossing 133.00
20 Day Moving Average 132.70
Price 132.53
50 Day Moving Average 119.53
Lower Bollinger Band 115.07
Sector and Industry
Description Name Rank
Sector Information Technology 8
Industry Systems Software 107
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 149.60
High Date 08/31/2026
Low 130.39
Low Date 09/11/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 161.98
Support 147.58
Low 91.53
Low Date 07/23/2026
High 149.60
High Date 08/31/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 89.39
Low Date 06/25/2026
High 149.60
High Date 08/31/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 64.03
Support 96.97
Low 81.24
Low Date 04/10/2026
High 149.60
High Date 08/31/2026
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 141.54
Support 53.04
High 239.62
High Date 01/28/2025
Low 81.24
Low Date 04/10/2026
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.