SALESFORCE INC (CRM) Technical Analysis
NYSE:CRM • US79466L3024
Current stock price
CRM Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to CRM. CRM'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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 88% of all other stocks performed better in the past year than CRM.
- CRM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CRM is lagging the market.
- In the last month CRM has a been trading in the 174.57 - 204.85 range, which is quite wide. It is currently trading near the high of this range.
- CRM has an average volume of 12644300 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 277 other stocks in this industry, CRM did better than 44% of them.
CRM Weekly and Daily overview Charts
CRM Setup Rating and Analysis
CRM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
CRM Support and Resistance Analysis
190.90
6 important resistance areas can be observed.
- A resistance zone ranging from 196.55 to 197.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 202.12 to 202.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @246.90 from a trend line in the weekly time frame.
- Resistance @257.46 from a trend line in the weekly time frame.
- Resistance @263.41 from a horizontal line in the daily time frame.
- Resistance @273.42 from a horizontal line in the daily time frame.
CRM 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 CRM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRM is neutral. |
| ChartMill Relative Strength | 12.04 | NEGATIVE | CRM has a low relative strength, it was outperformed by 87.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CRM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.35 | NEUTRAL | The RSI value for CRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.9 | POSITIVE | The MACD value suggests CRM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.35 | NEUTRAL | The Stochastics value for CRM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for CRM suggests some volalility. |
| Average Directional Index/ADX (14) | 20.62 | NEUTRAL | The ADX value for CRM suggests a possible start of a new trend. |
CRM Chart- and CandleStick Pattern Analysis
CRM Technicals: Chart, Performance Metrics, Trend & Indicators
192.83
-6.45 (-3.24%)
SALESFORCE INC / CRM TA FAQ
What is the ChartMill technical rating of SALESFORCE INC (CRM) stock?
ChartMill assigns a technical rating of 1 / 10 to CRM.
What is the trend direction for CRM stock?
The current trend direction for SALESFORCE INC (CRM) is Bearish.
Can you provide the RSI signal for SALESFORCE INC?
SALESFORCE INC (CRM) has an RSI value of 44.3473. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SALESFORCE INC?
The short term momentum for SALESFORCE INC (CRM) is neutral.
Can you provide the support and resistance levels for SALESFORCE INC?
SALESFORCE INC (CRM) has a resistance level at 196.55. Check the full technical report for our detailed analysis of CRM support and resistance levels.