ServiceNow Technical Analysis

NOW -- USA Stock  

Fiscal Quarter End: December 31, 2019  

As of 21 of November ServiceNow has Semi Deviation of 2.47, Coefficient Of Variation of 1350.76 and Risk Adjusted Performance of 0.0601. In relation to Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of ServiceNow as well as the relationship between them. In other words you can use this information to find out if the company will indeed mirror its model of past prices and volume data or the prices will eventually revert. We found nineteen technical drivers for ServiceNow which can be compared to its competition. Please validate ServiceNow Information Ratio and Downside Variance to decide if ServiceNow is priced more or less accurately providing market reflects its prevalent price of 278.55 per share. Given that ServiceNow has Jensen Alpha of 0.0674, we advise you double-check ServiceNow current market performance to make sure the company can sustain itself at future point.
Target PriceAdvice# of Analysts
ServiceNow current and past analyst recommendations published by number of research institutions as well as average analyst consensus
ServiceNow Analyst Advice  
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ServiceNow Technical Analysis

Time Period
  Portfolio Suggestion    
Execute Indicator
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ServiceNow volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

ServiceNow Trend Analysis

Use this graph to draw trend lines for ServiceNow. You can use it to identify possible trend reversals for ServiceNow as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ServiceNow price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

ServiceNow Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ServiceNow applied against its price change over selected period. The best fit line has a slop of   0.16  which may imply that the returns on investment in ServiceNow will continue to fail. It has 122 observation points and a regression sum of squares at 945.56, which is the sum of squared deviations for the predicted ServiceNow price change compared to its average price change.

ServiceNow November 21, 2019 Technical Indicators

ServiceNow November 21, 2019 Daily Price Condition

Please see also Stocks Correlation. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.