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Bullish Moving Average Cross by Servicenow Inc (NOW)

By James Quinn

Servicenow Inc (NYSE:NOW) shares have crossed bullishly above their 10-day moving average of $297.57 on a volume of 234K shares. Swing traders may find 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 $147.63 to $303.17 and is now at $298.25, 102% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has risen 0.7%.

SmarTrend recommended that subscribers consider buying shares of Servicenow Inc on June 10th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $278.09. Since that recommendation, shares of Servicenow Inc have risen 6.3%. We continue to monitor NOW for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses servicenow inc

Ticker(s): NOW