SALESFORCE INC (CRM)
US79466L3024 - Common Stock
We assign a technical rating of 9 out of 10 to CRM. Both in the recent history as in the last year, CRM has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that CRM is one of the better performing stocks in the market, outperforming 88% of all stocks.
CRM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CRM is performing more or less in line with the market.
CRM has an average volume of 6243350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CRM is part of the Software industry. There are 279 other stocks in this industry, CRM did better than 67% of them.
In the last month CRM has a been trading in the 323.65 - 369.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
CRM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 336.22, a Stop Loss order could be placed below this zone.
More info and screens
258.27
347.09
We found 3 important support areas.
- A support zone ranging from 334.70 to 336.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @272.22 from a trend line in the daily time frame.
- Support @260.88 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.82
Mansfield1.1
10 Day High364.8
10 Day Low331.14
20 Day High369
20 Day Low323.65
52 Week High369
52 Week Low212
Performance
1 Week-3.01%
2 Weeks-5.07%
1 Month2.34%
3 Month28.8%
6 Month40.23%
12 Month29.03%
2 Year159.18%
3 Year35.23%
5 Year111.3%
10 Year479.41%
15 Year1763.36%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-3.17
RSI(14)52.83
LBB330.57
UBB371.65
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 349.30 | 334.69 | 14.61 (4.18%) | 23.91% |
| An entry @349.30. This is a Buy Stop order right above the 10 day moving average. | An exit @334.69. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 14.61 points, which is 4.18%. | For a 1.00% total portfolio risk, you can invest 23.91% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CRM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SALESFORCE INC
NYSE:CRM (12/20/2024, 8:04:00 PM)
After market: 346.44 +2.79 (+0.81%)343.65
+7.42 (+2.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.21%
1 Week-3.01%
2 Weeks-5.07%
1 Month2.34%
3 Month28.8%
6 Month40.23%
12 Month29.03%
2 Year159.18%
3 Year35.23%
5 Year111.3%
10 Year479.41%
15 Year1763.36%
Volatility
ATR(14)12.33
ATR(20)%3.16%
ATR Inc3.45%
Range Today15.31
ADR(20)9.02
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.82
Mansfield1.1
10 Day High364.8
10 Day Low331.14
20 Day High369
20 Day Low323.65
52 Week High369
52 Week Low212
CS1 End336.22
CR1 StartN/A
Volume & EV
DER(3)0.87%
DER(5)0.77%
Volume14.93M
Volume Incr16.37%
Vol(5)8.63M
Vol(50)6.24M