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Servicenow Inc
(NYSE: NOW) Add to Portfolio
$268.74
+2.89 (+1.09%)
as of Sep 19, 2019

Watch for Servicenow Inc to Potentially Rebound After Falling 2.91% Yesterd

Servicenow Inc (NYSE:NOW) traded in a range yesterday that spanned from a low of $265.51 to a high of $266.55. Yesterday, the shares fell 2.9%, which took the trading range below the 3-day low of $271.91 on volume of 747,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, Servicenow Inc share prices have been bracketed by a low of $147.63 and a high of $281.51 and are now at $265.51, 80% above that low price. The 200-day and 50-day moving averages have moved 1.08% higher and 1.41% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Servicenow Inc on December 28th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $179.89. Since that recommendation, shares of Servicenow Inc have risen 52.0%. We continue to monitor NOW for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to SmarTrend at cs@mysmartrend.com

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