ServiceNow (NOW) stock declined in its latest intraday trading, attempting to gain positive momentum that could help it recover and climb again. The stocks recent drop brought it to the support of the 50-day simple moving average, coinciding with its reliance on a short-term corrective ascending trendline. Meanwhile, the RSI has reached heavily oversold levels.

Therefore, our outlook leans toward a potential rebound in upcoming trading, provided support at 871.00 holds, with the stock targeting the key psychological resistance at 1,000.

Todays price forecast: Neutral.