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Servicenow Inc Crosses Above its 10-day MA (NOW)

By David Diaz

Today, shares of Servicenow Inc (NYSE:NOW) have advanced above their 10-day MA of $273.36 on a volume of 270K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Servicenow Inc share prices have been bracketed by a low of $213.99 and a high of $362.95 and are now at $274.50, 28% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.7%.

SmarTrend recommended that its subscribers protect gains by selling shares of Servicenow Inc on February 24th, 2020 by issuing a Downtrend alert when the shares were trading at $330.35. Since that call, shares of Servicenow Inc have fallen 22.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses servicenow inc

Ticker(s): NOW