SALESFORCE INC (CRM) Stock Technical Analysis
USA - NYSE:CRM - US79466L3024 - Common Stock
239.88 USD
+0.61 (+0.25%)
240.15 USD
+0.27 (+0.11%)
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.
81% of all other stocks performed better in the past year than CRM.
CRM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index 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 234.48 - 267.13 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
CRM has an average volume of 9505250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
CRM is an average performer in the Software industry, it outperforms 44% of 284 stocks in the same industry.
The technical rating of CRM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
229.33
266.05
2 important support areas can be observed.
- A support zone ranging from 236.26 to 239.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @231.65 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @240.76 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 247.41 to 263.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for CRM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRM is neutral. |
| ChartMill Relative Strength | 19.6 | NEGATIVE | CRM has a low relative strength, it was outperformed by 80.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CRM is below a declining 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) | 41.29 | NEUTRAL | The RSI value for CRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.69 | NEGATIVE | The MACD value suggests CRM has a negative trend. |
| Stochastics (14,3) | 24.45 | NEUTRAL | The Stochastics value for CRM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for CRM suggests some volalility. |
| Average Directional Index/ADX (14) | 25.43 | POSITIVE | The high ADX value value for CRM suggests a strong trend. |
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)
239.88
+0.61 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.25%
1 Week-7.88%
2 Weeks-5.87%
1 Month-0.74%
3 Month-0.26%
6 Month-12.9%
12 Month-25.49%
2 Year-4.77%
3 Year49.69%
5 Year-2.41%
10 Year201.02%
15 Year589.21%
Volatility
ATR(14)7.37
ATR(20)%3.47%
ATR Inc62.48%
Range Today5.18
ADR(20)7.6
ADR(20)%3.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.6
3 months CRS33.97
6 months CRS15.67
Mansfield-2.33
10 Day High261.82
10 Day Low234.48
20 Day High267.13
20 Day Low234.48
52 Week High369
52 Week Low226.48
CS1 End239.87
CR1 Start240.76
Volume & EV
DER(3)-3.33%
DER(5)-2.02%
Volume5.74M
Volume Incr-22.52%
Vol(5)7.17M
Vol(50)9.51M
SALESFORCE INC / CRM 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 current trend direction of SALESFORCE INC (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 41.2863. This indicates that the stock is currently neutral.
What is the MACD signal for SALESFORCE INC (CRM) stock?
The MACD indicator for SALESFORCE INC (CRM) has a value of -1.69289, indicating a bearish trend.