Our Thoughts on ServiceNow, Inc. ($NOW) (2019-10-18)

REPORTING FOR 2019-10-18 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how NOW has been trading over the last 2 weeks and the past day especially. On its latest session, ServiceNow, Inc. ($NOW) opened at 258.29, reaching a high of 259.06 and a low of 253.51 before closing at a price of 254.63. There was a total volume of 1177501.

VOLUME INDICATORS FOR SERVICENOW, INC. ($NOW): We saw an accumulation-distribution index of 6420.84982, an on-balance volume of -254.6, chaikin money flow of 13.41558 and a force index of 323.3689. There was an ease of movement rating of -0.00833, a volume-price trend of -12.6937 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR SERVICENOW, INC. ($NOW): We noted an average true range of 5.52124, bolinger bands of 257.54168, an upper bollinger band of 245.06832, lower bollinger band of 253.51, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 256.95333, high band keltner channel of 256.18333, low band keltner channel of 257.72333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 253.51, a donchian channel low band of 253.51, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR SERVICENOW, INC. ($NOW): We calculated a Moving Average Convergence Divergence (MACD) of -0.09894, a MACD signal of -0.05497, a MACD difference of -0.04397, a fast Exponential Moving Average (EMA) indicator of 253.51, a slow Exponential Moving Average (EMA) indicator of 253.51, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.44453, a trix of -3.95689, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 13.36092, a KST Oscillator (KST) of -50.06511 and a KST Oscillator (KST Signal) of -50.06511 (leaving a KST difference of -4.13121). We also found an Ichimoku rating of 258.675, an Ichimoku B rating of 258.675, a Ichimoku visual trend A of 271.85551, an Ichimoku visual trend B of 268.74665, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR SERVICENOW, INC. ($NOW): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 36.36661, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -71.05434, a stochastic oscillator of 720.77922, a stochastic oscillator signal of 720.77922, a Williams %R rating of 620.77922 and an awesome oscillator of 1.46467.

RETURNS FOR SERVICENOW, INC. ($NOW): There was a daily return of -5.00651, a daily log return of -1.75488 and a cumulative return of -1.73958.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-18 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for ServiceNow, Inc. ($NOW)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling ServiceNow, Inc. ($NOW) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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