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Bullish Moving Average Cross by Servicenow Inc (NOW)

By Shiri Gupta

Today, shares of Servicenow Inc (NYSE:NOW) have crossed bullishly above their 10-day moving average of $185.38 on a volume of 1.1 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Servicenow Inc has traded in a range of $112.84 to $206.29 and is now at $187.12, 66% above that low. The 200-day and 50-day moving averages have moved 0.56% higher and 0.08% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Servicenow Inc and will alert subscribers who have NOW in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses servicenow inc

Ticker(s): NOW