Is ServiceNow, Inc. technically bullish or bearish?

As of 10 October 2025, the technical trend for ServiceNow, Inc. has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength indicated by the weekly MACD and Bollinger Bands both showing bearish signals. The daily moving averages also confirm a bearish trend. The KST is bearish on the weekly and mildly bearish on the monthly, while the Dow Theory indicates a mildly bearish trend on the weekly and no trend on the monthly.
In terms of performance, ServiceNow has underperformed the S&P 500 across multiple periods, with a year-to-date return of -16.17% compared to the S&P 500's 11.41%, and a one-year return of -5.92% versus the S&P 500's 13.36%.