ServiceNow Stock Sees IBD RS Rating Improve To 75

ServiceNow Stock Sees IBD RS Rating Improve To 75

ServiceNow (NOW), a stock listed on the New York Stock Exchange, saw its Relative strength (RS) rating increase from 63 points to 75.

Keep an eye on the relative strength of prices when you are researching which stocks to watch and buy.

IBD's RS Rating is a unique way to measure market leadership. It compares a stock’s price movements over the past 52 weeks with those of other stocks in our database.

In the past, stocks that went on to achieve the greatest gains usually had an RS Rating of 80 or higher in the initial stages of their movements. Check if ServiceNow can maintain its price strength to clear the threshold.

ServiceNow stock is a good buy?

ServiceNow is attempting to finish a cup handle at a buy point of 485,68. Check if the volume of the stock is at least 40% higher than average. For more tips, read "".

The growth in earnings-per-share dropped from 56% to just 37% last quarter, but the top-line grew from 20% to 22.0%.

ServiceNow's stock is ranked No.4 among its peers in the Computer Software-Enterprise industry group. ServiceNow stock is ranked No.4 among peers in the Computer Software - Enterprise industry group. Dynatrace (DT), Qualtrics International, and 4 are among the highest-rated stocks in this group.