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Market Impact: 0.2
This ServiceNow Bear Signal Has Never Been Wrong
Source: schaeffersresearch.com
Market Technicals & FlowsTechnology & Innovation
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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Overall Sentiment
mildly negative
Sentiment Score
-0.30
Ticker Sentiment
NOW-0.45
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