ServiceNow Inc

ServiceNow remains in a Stage 2 advancing corrective reset within an ongoing uptrend, with price repairing above the 9/20 EMAs and the 50-day SMA. However, recent sideways action around the EMAs and neutral OB/OS signals indicate no clear immediate entry. With mean-reversion eligibility affirming a bullish medium-term bias, execution will be stalked, targeting a pullback and acceptance into the rising EMA zone or near 50-day support. Key risks include a breakdown below the 9/20 EMA zone, failure to hold the 50-day SMA, and increasing Stage 2→3 transition risk if momentum stalls.

• ↑Q1 subscription revenue grew 19% YoY to $3.671 B, outperforming guidance
• ↑Raises full-year revenue outlook to $15.735–15.775 B (20.5–21% growth)
• ↓Negative earnings yield and weak quality score signal valuation risk