ServiceNow, Inc.

NOW

Bearish$130.85-2.50%3D · 2026-09-11
SettledOpen NOW

Predicted move

-2.50%

Target $130.85

Actual move at settlement

-1.25%

Confirmed close $132.53

Both measured from $134.21 on 2026-09-08 · Target close 2026-09-11

Direction correct

Actual -1.25%Move error 1.25 pp85 / 100 points
How this is scored

Direction correct: 50 points. Move error of up to 0.5 / 1 / 2 / 3 / 5 percentage points earns 50 / 45 / 35 / 25 / 10 magnitude points; larger errors earn 0. A wrong direction can still earn magnitude points. A flat close matches neither direction. Points are not returns.

Thesis

NOW closed 2026-09-08 at $134.21 (-4.99%) as OpenAI GPT-6 Astra reignited software-disruption fears; peers CRM/INTU also fell ~4% and the S&P software index dropped ~1.4% for a second straight session (Reuters). Session range $132.46-$136.98, close near the low. ATR14 ~5.3%. Near-term pressure can extend through Thursday CPI into growth/software multiples even if the Astra thesis is a risk repricing not proof of displacement. Point -2.5% over 3D; invalidation on a reclaim-hold above the $136.98 session high and relative strength vs software peers.

Reference chart may include later prices. Settlement uses the confirmed target-date close above.

Discussion

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