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ServiceNow Inc [NOW] Investment Guide: What You Need to Know

ServiceNow Inc’s recent filing unveils that its Officer Smith Paul John acquired Company’s shares for reported $0.43 million on Feb 10 ’25. In the deal valued at $1024.82 per share,417 shares were bought.

Then, Canney Jacqueline P bought 292 shares, generating $297,125 in total proceeds.

Before that, McDermott William R bought 1,263 shares. ServiceNow Inc shares valued at $1,287,125 were divested by the Officer at a price of $1019.10 per share.

Cantor Fitzgerald initiated its ServiceNow Inc [NOW] rating to an Overweight in a research note published on January 17, 2025; the price target was $1332. A number of analysts have revised their coverage, including Raymond James’s analysts, who began to cover the stock in late December with a ‘”an Outperform”‘ rating. KeyBanc Capital Markets also remained covering NOW and has decreased its forecast on December 13, 2024 with a “Sector weight” recommendation from previously “an Overweight” rating. Scotiabank started covering the stock on November 19, 2024. It rated NOW as “a Sector outperform”.

Price Performance Review of NOW

On Monday, ServiceNow Inc [NYSE:NOW] saw its stock jump 1.34% to $1021.81. Over the last five days, the stock has gained 0.09%. ServiceNow Inc shares have fallen nearly -3.61% since the year began. Nevertheless, the stocks have risen 29.28% over the past one year. While a 52-week high of $1198.09 was reached on 01/28/25, a 52-week low of $637.99 was recorded on 01/30/25. SMA at 50 days reached $1,078.36, while 200 days put it at $892.34.

Levels Of Support And Resistance For NOW Stock

The 24-hour chart illustrates a support level at 1,011.01, which if violated will result in even more drops to 1,000.21. On the upside, there is a resistance level at 1,032.85. A further resistance level may holdings at 1,043.90. The Relative Strength Index (RSI) on the 14-day chart is 42.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -52.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.71%. Stochastics %K at 13.36% indicates the stock is a buying.

How much short interest is there in ServiceNow Inc?

A steep rise in short interest was recorded in ServiceNow Inc stocks on 2025-01-15, dropping by -0.11 million shares to a total of 3.49 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 3.6 million shares. There was a decline of -3.04%, which implies that there is a negative sentiment for the stock.

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