Trading Signals: NOW Stock Price Prediction and Forecast

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Tue. May. 30, 2023

Trading Signals: NOW Stock Price Prediction and Forecast (Mon. Dec. 1, 2014 - Fri. Dec. 22, 2023)

(ServiceNow Inc.)
NOW latest price $549.1200 (2.17%) ($544.3700 - $556.7500) on Tue. May. 30, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.26% (three month average)
RSI   91
Latest Price   $549.1200(2.17%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   NOW advances 1.5% a day on average for past five trading days.
Weekly Trend   NOW advances 7.4% a week on average for past two weeks.
Market Behavior   Normal for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support NOW advance at 0% a week (0% probability)
IWF(70%)    QQQ(70%)    VUG(70%)    XLK(70%)    SKYY(69%)
Factors Impacting NOW price   NOW will decline at least -1.13% in a week (0% probabilities).
VXX(-47%)    VIXM(-45%)    TBT(-20%)    USO(-17%)    UUP(-13%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.13% (StdDev 2.26%)
Hourly BBV 1.1 ()
Intraday Trend 0.2%

5 Day Moving Average   $524.21(4.75%)
10 Day Moving Average   $512.63(7.12%)
20 Day Moving Average   $480.55(14.27%)
To recent high   0%
To recent low   32.3%
Market Cap   $105.322b

ServiceNow, Inc. engages in the provision of enterprise cloud computing solutions. It offers customer and facilities service management, orchestration core, service mapping, cloud and portfolio management, edge encryption, performance analytics, service portal designer, visual task boards and configuration management database. The firm offers its solutions for the industries under the categories of Healthcare, Education, Government and Financial services. The company was founded by Frederic B. Luddy in June 2004 and is headquartered in Santa Clara, CA.

$. NOW price fluctuates within 7.77% (three month std-dev: 2.26%) daily (68% of days).

Sample size 50 Average positive next day return: 3.46%(46%) Average negative next day return: -1.74%(54%) Sample size 50 Average positive next three day return: 3.74%(42%) Average negative next three day return: -5.24%(58%) Sample size 50 Average positive next weekly return: 6.09%(50%) Average negative next weekly return: -7.13%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	May_30_2023	453.73	480.55	512.63	524.21	529	543.96	549.12(2.17%)	UT	HoldLong	65	0.7	387	230	398	354	1.94	61%	0.58	53.4	2.26%	1.1	1.8	91	1.3
2	May_26_2023	451.1	475.35	504.05	516.66	517.82	533.27	537.46(1.07%)	UT	HoldLong	65	0.6	508	220	540	411	2.13	61%	0.39	50.4	2.21%	0.8	1.9	91	0.8
3	May_25_2023	449.35	471.15	495.88	511.23	510.8	514.04	531.78(5.82%)	UT	HoldLong	65	0.7	333	40	335	328	3.16	61%	0.31	48.7	2.23%	1.4	2	91	0.2
4	May_24_2023	447.94	466.99	487.92	506.91	505.94	502.37	502.55(0.48%)	N/A	N/A	0	-0.2	-63	-60	-135	155	1.09	53%	0.27	48.3	2.13%	-0.4	1.3	89	-0.2
5	May_23_2023	446.75	464.41	483.21	504.98	507.12	507.57	500.14(-2.2%)	UD	OpenLong	75	-0.2	80	20	31	226	1.12	53%	0.12	44.3	2.19%	-1.8	1.4	82	0.9

6	May_22_2023	446.2	461.41	477.52	498.6	502.44	509.5	511.39(0.21%)	UT	HoldLong	65	0.5	246	120	231	290	1.36	55%	0.29	33.3	2.17%	1.2	2	82	1.2
7	May_19_2023	444.93	459.13	470.21	488.95	491.8	506.67	510.3(0.03%)	UT	OpenLong	75	1	427	230	455	344	1.7	55%	0.28	25.4	2.17%	0.9	2.3	75	1.6
8	May_18_2023	443.69	456.9	462.5	477.93	479.21	495.39	510.17(3.5%)	UT	OpenLong	75	1.7	556	240	621	361	2.86	55%	0.31	15.7	2.19%	1.6	2.8	68	2.1
9	May_17_2023	442.31	454.41	454.24	466.41	466.32	476.93	492.92(5.27%)	UT	OpenLong	75	1.7	401	160	453	243	3.21	49%	0.26	-6.2	2.17%	1.7	2.5	66	1.6
10	May_16_2023	441.15	453.2	448.34	458.66	457.88	463.03	468.24(1.1%)	UT	OpenLong	75	0.7	210	70	239	123	1.62	43%	0.06	-21.2	2.11%	1.2	1.1	57	1.1

11	May_15_2023	440.87	453.39	445.67	453.29	454.04	455.71	463.14(1.74%)	UT	OpenLong	75	0.7	126	30	145	68	1.5	43%	0.19	-29.9	2.13%	1.8	0.7	62	1.7
12	May_12_2023	440.02	453.62	444.13	448.46	449.43	452.72	455.2(0.58%)	UT	OpenLong	75	0.5	61	60	78	10	1.22	43%	0.18	-40.3	2.08%	0.5	0.1	40	1.2
13	May_11_2023	439.24	453.96	444.26	444.38	445.19	452.38	452.57(-0.35%)	UD	OpenLong	75	0.5	177	120	221	45	2.02	43%	0.15	-47.6	2.1%	0.4	-0.1	39	1.2
14	May_10_2023	438.6	455.36	444.24	439.97	440.79	446.14	454.14(2.89%)	UT	OpenLong	75	0.9	204	90	260	37	1.54	43%	0.16	-50.3	2.12%	1.2	-0.1	43	1.1
15	May_9_2023	437.9	456.16	444.01	436.55	436.51	438	441.39(0.55%)	N/A	N/A	0	0.3	25	20	56	-70	1.17	40%	0.14	-57.1	2.09%	1.4	-0.9	33	0.7

16	May_8_2023	437.28	457.61	444.16	437.01	436.78	435.44	438.99(0.96%)	DP	OpenShort	-75	0.1	-54	-20	-31	-124	1.45	40%	0.11	-55.7	2.09%	1.4	-1.2	32	1.2
17	May_5_2023	436.82	459.33	447.35	439.3	439.29	435.01	434.8(1%)	DP	OpenShort	-75	-0.3	-153	-70	-149	-163	1.3	37%	0.08	-51.3	2.11%	-0.5	-1.6	33	1.1
18	May_4_2023	436.46	461.32	451.11	444.22	443.86	438.13	430.51(-1.5%)	DT	OpenShort	-75	-0.9	-201	-90	-212	-167	1.66	37%	0.03	-35.7	2.12%	-2	-2.1	37	-0.1
19	May_3_2023	436.34	463.32	454.93	448.99	449.08	443.57	437.08(-1.49%)	DT	OpenShort	-75	-0.9	-158	-90	-163	-141	1.19	34%	0.05	-21	2.13%	-1.8	-2.1	31	1
20	May_2_2023	436.12	465.36	458.8	452.38	450.14	449.59	443.68(-1.49%)	DT	OpenShort	-75	-0.8	-126	-20	-130	-114	1.28	38%	0.1	3.3	2.18%	-1.1	-1.9	40	1.1

21	May_1_2023	435.68	466.54	462.06	452.1	451.31	454.58	450.41(-1.96%)	N/A	N/A	0	-0.2	47	50	73	-30	1.42	43%	0.14	17.8	2.22%	-0.8	-1.6	43	1.8
22	Apr_28_2023	435.09	467.36	464.14	456.61	451.76	450.68	459.42(1.12%)	DP	OpenShort	-75	0.3	-11	-50	-0	-45	2.36	40%	0.15	49	2.31%	0.9	-0.9	45	1.9
23	Apr_27_2023	434.43	466.56	464.58	459.39	455.77	448.04	454.34(0.07%)	DP	OpenShort	-75	-0.5	-173	-140	-191	-119	4.85	40%	0.16	48.9	2.32%	1.4	-1.1	43	1.3
24	Apr_26_2023	433.75	465.99	467.44	462.06	462.14	452.83	454.03(2.66%)	DP	OpenShort	-75	-0.7	-262	-140	-300	-147	2.87	40%	0.16	52.1	2.32%	-0.7	-1	46	0.8
25	Apr_25_2023	433.07	465	469.31	466.37	466.94	463.51	442.28(-6.49%)	DT	OpenShort	-75	-1.7	-216	-50	-249	-116	2.05	38%		48.1	2.33%	-2.1	-1.6	36	0.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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