1CRM Technical Analysis - SALESFORCE INC

Technical Rating and Analysis

Taking everything into account, 1CRM scores 0 out of 10 in our technical rating. 1CRM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, 1CRM is a bad performer in the overall market: 100% of all stocks are doing better.

1CRM is part of the Software industry. There are 111 other stocks in this industry, of which 73% are performing better than 1CRM.

Warning: 1CRM has an average volume of 199 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

In the last month 1CRM has a been trading in the 186.28 - 222.00 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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

SALESFORCE INC / 1CRM Weekly stock chart

Setup Rating and Analysis

Although the technical rating is bad, 1CRM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 202.05, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

194.03

213.68

When analyzing the support we notice one important area.

A support zone ranging from 195.99 to 202.05. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

A resistance zone ranging from 211.56 to 211.56. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	DOWN	NEGATIVE	The long term trend for 1CRM.MI is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for 1CRM.MI is down.
ChartMill Relative Strength	0	NEGATIVE	1CRM.MI has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of 1CRM.MI is above a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of 1CRM.MI is below a declining SMA(50).
Relative Strength Index/RSI (14)	47.83	NEUTRAL	The RSI value for 1CRM.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	1.95	POSITIVE	The MACD value suggests 1CRM.MI has a positive trend.
Stochastics (14,3)	66.36	NEUTRAL	The Stochastics value for 1CRM.MI is a neutral value.
Average True Range in percent/ATR (20)	4.63	MEDIUM VOLATILITY	The ATR as a percentage value for 1CRM.MI suggests some volalility.
Average Directional Index/ADX (14)	25.72	POSITIVE	The high ADX value value for 1CRM.MI suggests a strong trend.