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This ServiceNow Bear Signal Has Never Been Wrong

Source: schaeffersresearch.com

Market Technicals & FlowsTechnology & Innovation
This ServiceNow Bear Signal Has Never Been Wrong

ServiceNow shares have rebounded from their April lows but are encountering resistance at the declining 320-day moving average. The trendline has historically carried bearish implications, suggesting the recovery could lose momentum and face renewed downside pressure.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.30

Ticker Sentiment

NOW-0.45

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