Since the price broke the 20-day line yesterday, ServiceNow stock is now in a short-term, mid-term and long-term upward trend. However, the clarity of the upward trend in all time frames is not completely certain, because the price is only 0.06% higher than the 20-day GD of 494.20, which was also broken yesterday.
As long as GD does not cross downwards, the next target price is the 5-year high of 502.40 marked on August 9, 2021, which means that there is currently only 1.60% upside potential.
ServiceNow in peer group comparison
The strongest stock in the peer group comparison is currently Waters stock, with a GD-200 gap of 36.40%.
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