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Asset Summary

Daily Performance Report for NOW ETF: Dec 4, 2024

Summary: The day started with NOW ETF opening at $1078.95 and closing at $1121. The ETF showed resilience throughout the day, with the highest price observed at $1126.63 and the lowest at $1078.95. The underlying asset had a trading range of $47.68 Overall, it was a positive trading day for NOW ETF, reflecting investor optimism and market activity.

Change in Closing Price: There was a net increase of $42.05 or 3.90% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for NOW ETF was 2,022,599 units during Dec 4, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $1078.95.

Highest Price: The highest price observed during the day was $1126.63.

Lowest Price: The lowest price observed during the day was $1078.95.

Closing Price: The day ended at $1121.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

ServiceNow typically follows a subscription-based pricing model, offering various plans based on the services utilized.

Benefits include increased efficiency, improved service delivery, better collaboration across teams, and enhanced visibility into processes.

ServiceNow was founded in 2004.

ServiceNow serves various industries, including IT, healthcare, finance, manufacturing, and education.

The Now Platform is ServiceNow’s cloud-based platform that enables organizations to automate workflows across different departments.

Main competitors include Salesforce, Microsoft, and Atlassian in the enterprise software sector.

ServiceNow continuously updates its platform with AI-driven capabilities and integrations to enhance user experience and efficiency.

ServiceNow prioritizes security by implementing rigorous standards and compliance measures to protect customer data.

Recent developments include enhancements in AI capabilities and expansions into new markets and industries.

ServiceNow’s long-term vision focuses on creating a connected digital experience that transforms the way work is done across the enterprise.

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