- Beat earnings estimates in all of the last 4 quarters
- Healthy interest coverage ratio of 156.3x
- High gross margin of 76.6%
Weaker technical forecast for ServiceNow Inc as stock downgraded to Sell Candidate
(Updated on Jun 08, 2026)
The ServiceNow Inc stock price gained 1.55% on the last trading day (Monday, 8th Jun 2026), rising from $112.45 to $114.19. During the last trading day the stock fluctuated 3.74% from a day low at $111.20 to a day high of $115.36. The price has risen in 6 of the last 10 days and is up by 11.81% over the past 2 weeks. Volume fell on the last day by -14 million shares and in total, 17 million shares were bought and sold for approximately $1.95 billion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.01% during the next 3 months and, with a 90% probability hold a price between $79.61 and $132.92 at the end of this 3-month period.
NOW Signals & Forecast
The ServiceNow Inc stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $121.68. On a fall, the stock will find some support from the long-term average at approximately $100.31. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, June 01, 2026, and so far it has fallen -15.95%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for ServiceNow Inc stock
On the downside, the stock finds support just below today's level from accumulated volume at $103.42 and $101.83. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, ServiceNow Inc finds support just below today's level at $103.42. If this is broken, then the next support from accumulated volume will be at $101.83 and $90.17.
This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $4.16 between high and low, or 3.74%. For the last week, the stock has had daily average volatility of 6.61%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (NOW) For The Upcoming Trading Day Of Tuesday 9th
For the upcoming trading day on Tuesday, 9th we expect ServiceNow Inc to open at $113.58, and during the day (based on 14 day Average True Range), to move between $110.42 and $117.96, which gives a possible trading interval of +/-$7.53 (+/-6.82%) up or down from last closing price. If ServiceNow Inc takes out the full calculated possible swing range there will be an estimated 6.82% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $124.37 (8.91%) than the support at $103.42 (9.43%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is ServiceNow Inc stock A Buy?
ServiceNow Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Sell candidate.
Current score:
-2.340
Sell Candidate
Downgraded
Predicted Fair Opening Price
Predicted fair opening price on June 9, 2026 - $113.58 ( 0.531%).
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NOW Performance
Trading levels for NOW
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 117.74 | 3.11% |
| R2 | 116.15 | 1.72% |
| R1 | 115.17 | 0.86% |
| Price | 114.19 | |
| S1 | 111.99 | -1.92% |
| S2 | 111.01 | -2.78% |
| S3 | 109.42 | -4.17% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 135.86 | 18.98% |
| R2 | 127.65 | 11.79% |
| R1 | 124.37 | 8.91% |
| Price | 114.19 | |
| S1 | 103.42 | -9.43% |
| S2 | 101.83 | -10.82% |
| S3 | 90.17 | -21.04% |
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