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Servicenow

ServiceNow Surges 15%+ on Strong Earnings and Analyst UpgradesServiceNow (NYSE: NOW) soared 15.2% to $934.16 by late morning Thursday after releasing strong Q1 2025 results. At the same time, the S&P 500 gained 1.2% and the Nasdaq Composite rose 1.7%. The company posted adjusted earnings per share of $4.04, outperforming analysts’ forecast of $3.83. Revenue came in at $3.09 billion, meeting consensus expectations and surpassing ServiceNow’s internal guidance. The software firm recorded a 19% year-over-year increase in revenue, mainly driven by growth in subscription sales. This segment contributed $3 billion, reflecting continued customer demand for cloud-based workflow automation services. ServiceNow also raised its full-year performance targets, signaling confidence in sustained growth throughout 2025. The stock has rebounded sharply after recent market weakness. Its current price of $934.16 reflects renewed investor confidence as the company continues to deliver steady top- and bottom-line expansion. Volume during the session reached 7.31 million shares, well above average. Technical Analysis Technically, NYSE:NOW bounced from the support zone around $700, aligned with the 200-day moving average of $707.13. ServiceNow respected this level and reclaimed its 100-day ($865.17) moving average. A steep ascending trendline confirms long-term bullish momentum and support since late 2022. The surge suggests a possible retest of the previous all-time high at $1,198.09. Price action may consolidate around the $1,000 psychological mark before advancing. Volume spikes during the rally indicate strong buying interest. The technical setup signals a continuation of the uptrend, with bulls targeting a return to historical highs. As long as the price stays above trendline support, the horizontal support, and key moving averages, the uptrend remains intact.
NYSE:NOWLong
by DEXWireNews
ServiceNow (NOW) – Technical and Fundamental Analysis 1WServiceNow shares have broken below a key ascending trendline on the weekly chart, strengthening the bearish outlook. The price is approaching the 666, 538, and 338 support zones, which may act as potential reversal areas. The RSI continues to decline, indicating weakening bullish momentum, while the MACD confirms a bearish crossover. EMA 50/200 suggest a rising risk of further downside. Fundamentally, ServiceNow remains a leader in cloud-based solutions and business process automation. However, it faces pressure from rising interest rates and a possible slowdown in corporate IT spending. Valuation remains elevated, making the stock vulnerable to broader market shifts and macroeconomic headwinds. Upcoming earnings reports will be critical in determining the next move. The main scenario suggests a drop toward 666 and 538, with a potential extension to 338. An alternative scenario would be a recovery above 766, opening the way toward 868 and 1012. A confirmed close below 666 will reinforce the bearish trend.
NYSE:NOWShort
by TotoshkaTrades
NOW: Bearish Signs – Harmonic Pattern Hints DeclineServiceNow (NOW): Bearish Setup Ahead of Earnings ServiceNow (NOW) is showing signs of potential bearish movement as it nears its earnings announcement on January 29. Bearish Divergence: Notable on both the daily and weekly charts, suggesting weakening momentum. Double Tops Formation: A reversal pattern indicating potential selling pressure. AB=CD Harmonic Pattern: The bearish harmonic pattern has completed, signaling a possible correction. Key Levels to Watch: A closing below $999 would indicate a break of structure, potentially targeting the rising trendline support. If you’re holding positions, consider off-loading some shares at current levels and re-evaluating after the earnings announcement. Stay vigilant and monitor price action closely. Happy trading!
NYSE:NOWShort
by TradeWithParas
3
Pre-Market Updates: NOW Long Position PotentialThis morning, ServiceNow saw a $1.2B in volume after Baird raised its Price Target for NOW to $1,250 (from $975), maintaining their Outperforming Rating. From a technical analysis perspective, for those who may not hold this currently, now could potentially be a great opportunity to either snatch some shares or prospect some option plays. Based on our 3-6 Month Price Projection from our TA, NOW is trending to see at least $1120 by early March - $1220 by early June, so options with expirations in March or June to be more conservative (with a lower delta) around the 1180-1200 Price Target would be sufficient. Holding shares would get provide a potential for 10-15% increase alone by expecting NOW to at best retest that $1157 Resistance before compressing back to the lower Yellow Support Level that we've respected and used for paste price projections which were on point based on the trend. So if we stick to trend and hear some great things from Earnings on Feb 26th, 2025 showing continued guidance upwards. Connect with us for more by visiting the links in our signature to access more tools and resources at @MyMIWallet #MyMIWallet
NYSE:NOWLong
by MyMIWallet
APPLE BACK TO 182 SOLID POSITION Long Position: Key Points: Strong Fundamentals: Apple has a history of solid financial performance, driven by its diverse product ecosystem, including iPhones, iPads, Macs, wearables, and services. The company's consistent revenue and earnings growth make it an attractive option for long-term investors. Services Segment Growth: Apple's services segment, including the App Store, Apple Music, and Apple TV+, has been a significant contributor to revenue. Continued expansion and growth in the services sector can provide a more stable revenue stream for the company. Innovation and Product Pipeline: Apple's commitment to innovation, evidenced by new product releases and technological advancements, keeps the brand at the forefront of consumer technology. Anticipated releases and advancements in products like the iPhone and wearables can drive excitement and demand. Share Buybacks and Dividends: Apple has a history of returning value to shareholders through share buybacks and dividends. Share repurchases can contribute to stock price appreciation, and dividends provide income to investors.
NASDAQ:AAPLLong
by NYRUNSGLOBAL
ServiceNow - Up to 40% Opportunity to the Downside?Fundamental Indicators: Revenue- demonstrates consistent long-term growth, 5-year average at 34% Profits – 2022 TTM has reduced Net margin - quite low for tech company with just 2.79% P/E – extremely high at 553 when S&P500 is at 21 Liabilities - debt ratio is at 0.62 which is within normal limits, Net Debt/ EBITDA is negative – no problems with debt Conclusion – it is very likely to continue bear move with this financial performance Technical Analysis (Elliott Waves): Since the completion of the global correction in wave 4 which completed in February 2016we can observe an explosive growth in wave Main scenario suggests that wave 5 takes shape of an Ending Diagonal with ABC patterns in each motive sub-wave 1-3-5 Waves 1 to 3 have completed and wave 4 is currently developing as a complex series of patterns This maybe a good opportunity for a short position if $521.04 holds confirming that it is an Extended Flat formation in the link wave X which suggests that there will be another move to the downside in wave Y with target area of $300-$360 This is a higher timeframe to reflect the full history of ServiceNow and to provide full wave count: What do you think about ServiceNow and its short term prospects? Also let me know if you would like to see other stocks, indices, Forex or Crypto analysed using Elliott Waves. Thanks
NYSE:NOWShort
by vitalalyt
5
ServiceNow to Start Another Wave Down. NOWI believe we are finishing off X Wave here, which supposes we are to start a new zigzag soon. A zigzag to the downside, because I do not see a single bit of evidence to suggest a bullish rally. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
NYSE:NOWShort
by Rykin_Capital
Zigzag on NOW. NOWGoals 474, 424. Invalidation at 781 We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
NYSE:NOWShort
by Rykin_Capital
Trading Idea - #ServicenowSHORT ENTRY: 467.00 USD TARGET: 389.00 USD (+16% profit) STOP: 516.00 USD ServiceNow, Inc. is a provider of cloud computing solutions that define, structure, manage, and automate services for global companies. The company offers a range of cloud-based services that automate the workflow within and between departments in a company. 1.) 463.00 USD is the support that needs to fall to get a more precise SHORT signal! Keep an eye on that!
NYSE:NOWShort
by Traderherz-Analytics