SALESFORCE INC (CRM) Stock Technical Analysis
NYSE:CRM - New York Stock Exchange, Inc. - US79466L3024 - Common Stock
Taking everything into account, CRM scores 5 out of 10 in our technical rating. In the last year, CRM was one of the better performers, but we do observe some doubts in the very recent evolution.
CRM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
When comparing the yearly performance of all stocks, we notice that CRM is one of the better performing stocks in the market, outperforming 75% of all stocks.
CRM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CRM is lagging the market slightly.
CRM has an average volume of 6639090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
CRM is an average performer in the Software industry, it outperforms 55% of 285 stocks in the same industry.
CRM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 324.05, a Stop Loss order could be placed below this zone.
More info and screens
263.58
330.11
When analyzing the support we can see 3 important areas.
- A support zone ranging from 317.84 to 324.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @279.09 from a trend line in the daily time frame.
- Support @266.24 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
CRS75.66
Mansfield0.37
10 Day High336.6
10 Day Low313.8
20 Day High346.45
20 Day Low313.8
52 Week High369
52 Week Low212
Performance
1 Week2.44%
2 Weeks-1.82%
1 Month-3.08%
3 Month12.53%
6 Month24.41%
12 Month16.75%
2 Year94.58%
3 Year40.5%
5 Year79.28%
10 Year478.99%
15 Year1957.21%
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)-0.98
RSI(14)46.41
LBB315.18
UBB337.53
SALESFORCE INC
NYSE:CRM (1/21/2025, 8:04:00 PM)
After market: 328.55 +1.71 (+0.52%)326.84
+2.28 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.7%
1 Week2.44%
2 Weeks-1.82%
1 Month-3.08%
3 Month12.53%
6 Month24.41%
12 Month16.75%
2 Year94.58%
3 Year40.5%
5 Year79.28%
10 Year478.99%
15 Year1957.21%
Volatility
ATR(14)8.18
ATR(20)%2.45%
ATR Inc7.13%
Range Today7.07
ADR(20)7.5
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.66
Mansfield0.37
10 Day High336.6
10 Day Low313.8
20 Day High346.45
20 Day Low313.8
52 Week High369
52 Week Low212
CS1 End324.05
CR1 StartN/A
Volume & EV
DER(3)-0.27%
DER(5)0.13%
Volume6.40M
Volume Incr9.46%
Vol(5)5.95M
Vol(50)6.64M