Servicenow Stock Technical Analysis

NOW
 Stock
  

USD 484.36  8.84  1.86%   

As of the 3rd of July, Servicenow has the coefficient of variation of (1,449), and Risk Adjusted Performance of (0.09). In relation to fundamental indicators, the technical analysis model 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 were able to break down and interpolate data for 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 484.36 per share. Given that Servicenow has jensen alpha of 0.101, we advise you to double-check Servicenow's current market performance to make sure the company can sustain itself at a future point.
  
Refresh

Servicenow Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Servicenow, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Servicenow
Servicenow's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Servicenow Analyst Consensus

Target PriceAdvice# of Analysts
726.17Buy24Odds
Servicenow current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Servicenow analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Servicenow stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Servicenow, talking to its executives and customers, or listening to Servicenow conference calls.
Servicenow Analyst Advice Details
Servicenow technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Servicenow technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Servicenow trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Servicenow Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Servicenow volatility developed by Welles Wilder.
.

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   -0.5  , 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 9598.08, which is the sum of squared deviations for the predicted Servicenow price change compared to its average price change.

About Servicenow Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Servicenow on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Servicenow based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Servicenow stock first instead of the macroeconomic environment surrounding Servicenow. By analyzing Servicenow's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Servicenow's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Servicenow specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 (projected)
Long Term Debt to Equity0.40.41
Interest Coverage9.187.6

Servicenow July 3, 2022 Technical Indicators

Most technical analysis of Servicenow help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Servicenow from various momentum indicators to cycle indicators. When you analyze Servicenow charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Additionally, see Stocks Correlation. Note that the Servicenow information on this page should be used as a complementary analysis to other Servicenow's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for Servicenow Stock analysis

When running Servicenow price analysis, check to measure Servicenow's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Servicenow is operating at the current time. Most of Servicenow's value examination focuses on studying past and present price action to predict the probability of Servicenow's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Servicenow's price. Additionally, you may evaluate how the addition of Servicenow to your portfolios can decrease your overall portfolio volatility.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Is Servicenow's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Servicenow. If investors know Servicenow will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Servicenow listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.098
Market Capitalization
97.1 B
Quarterly Revenue Growth YOY
0.27
Return On Assets
0.0156
Return On Equity
0.0634
The market value of Servicenow is measured differently than its book value, which is the value of Servicenow that is recorded on the company's balance sheet. Investors also form their own opinion of Servicenow's value that differs from its market value or its book value, called intrinsic value, which is Servicenow's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Servicenow's market value can be influenced by many factors that don't directly affect Servicenow's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Servicenow's value and its price as these two are different measures arrived at by different means. Investors typically determine Servicenow value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Servicenow's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.