ServiceNow Trading Volume Plummets 44.9% to 99th Position

On June 17, 2025, ServiceNow (NOW) experienced a significant drop in trading volume, with a total of $683 million in shares traded, marking a 44.9% decrease from the previous day. This decline placed ServiceNow at the 99th position in terms of trading volume for the day. The stock price of ServiceNow closed at $1005.13, reflecting a slight decrease of 0.10%.

Analysts have shown a strong bullish sentiment towards ServiceNow, with 31 analysts rating the stock as a "Strong Buy." The median price target for ServiceNow is $978.48, with estimates ranging from $640.00 to $1,432.00. Additionally, the 12-month stock price forecast is $1,048.97, indicating a potential increase of 3.86% from the current price.

Technical analysis of ServiceNow's stock reveals a mixed outlook. The Moving Averages Convergence Divergence (MACD) indicator stands at 11.46, suggesting a buy signal. The 20-day exponential moving average is $1004.46, while the 50-day exponential moving average is $970.83, both indicating a buy signal. However, the 10-day exponential moving average is $1008.26, suggesting a sell signal. The Relative Strength Index (RSI) is at 53.27, indicating a neutral sentiment. The Trend Strength Indicator (ADX) is at 21.24, also neutral, while the Commodity Channel Index (CCI) is -88.95, suggesting a neutral stance. The Price Rate of Change (ROC) is -2.17, indicating a sell signal.

ServiceNow's stock price has shown volatility similar to the overall market, with a beta of 0.96. The stock has increased by 38.57% over the past 52 weeks, with a 52-week high of $1198.09 and a 52-week low of $678.66. The current price of $1005.13 is above the 50-day and 200-day simple moving averages, which are $941.48 and $961.23 respectively, both indicating buy signals. The 100-day simple moving average is $935.22, also suggesting a buy signal.