SALESFORCE INC (CRM) Technical Analysis
NYSE:CRM • US79466L3024
Current stock price
164.96 USD
-5.89 (-3.45%)
At close:
164.75 USD
-0.21 (-0.13%)
After Hours:
CRM Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CRM. CRM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CRM is a bad performer in the overall market: 91% of all stocks are doing better.
- CRM is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month CRM has a been trading in the 163.52 - 202.38 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 14430500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CRM is an average performer in the Software industry, it outperforms 41% of 275 stocks in the same industry.
CRM Weekly and Daily overview Charts
CRM Setup Rating and Analysis
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
CRM Support and Resistance Analysis
163.31
276.39
6 important resistance areas can be observed.
- A resistance zone ranging from 180.46 to 180.49. 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 186.08 to 187.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @239.92 from a trend line in the weekly time frame.
- Resistance @254.33 from a trend line in the weekly time frame.
- Resistance @263.41 from a horizontal line in the daily time frame.
- Resistance @273.65 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 | DOWN | NEGATIVE | The short term trend for CRM is down. |
| ChartMill Relative Strength | 9.27 | NEGATIVE | CRM has a low relative strength, it was outperformed by 90.73% 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) | 27.84 | OVERSOLD | The low RSI value suggests CRM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.64 | NEGATIVE | The MACD value suggests CRM has a negative trend. |
| Stochastics (14,3) | 6.21 | OVERSOLD | The low Stochastics value suggests CRM may be oversold. |
| Average True Range in percent/ATR (20) | 4.33 | MEDIUM VOLATILITY | The ATR as a percentage value for CRM suggests some volalility. |
| Average Directional Index/ADX (14) | 16.82 | NEGATIVE | The low ADX value for CRM suggests a weak or negative trend. |
CRM Chart- and CandleStick Pattern Analysis
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)
CRM Technicals: Chart, Performance Metrics, Trend & Indicators
164.96
-5.89 (-3.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.45%
1 Week-11.87%
2 Weeks-11.14%
1 Month-17.22%
3 Month-36.54%
6 Month-31.74%
12 Month-35.31%
2 Year-38.66%
3 Year-16.84%
5 Year-28.38%
10 Year117.63%
15 Year376.08%
Volatility
ATR(14)7.4
ATR(20)%4.33%
ATR Inc19.72%
Range Today7.74
ADR(20)6.68
ADR(20)%4.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.27
3 months CRS9.62
6 months CRS16.23
Mansfield-3.54
10 Day High188.98
10 Day Low163.52
20 Day High202.38
20 Day Low163.52
52 Week High296.05
52 Week Low163.52
CS1 EndN/A
CR1 Start180.46
Volume & EV
DER(3)-1.17%
DER(5)-1.01%
Volume18.11M
Volume Incr20.9%
Vol(5)15.83M
Vol(50)14.43M
SALESFORCE INC / CRM TA FAQ
What is the ChartMill technical rating of SALESFORCE INC (CRM) stock?
ChartMill assigns a technical rating of 0 / 10 to CRM.
What is the trend direction for CRM stock?
The current trend direction for SALESFORCE INC (CRM) is Bearish.
What is the RSI signal for CRM stock?
SALESFORCE INC (CRM) has an RSI value of 27.8382. This indicates that the stock is currently oversold.
What is the MACD signal for SALESFORCE INC (CRM) stock?
The MACD indicator for SALESFORCE INC (CRM) has a value of -1.63834, indicating a bearish trend.
Can you provide the buy/sell signal for SALESFORCE INC?
The buy/sell signal for SALESFORCE INC (CRM) is sell as both the short term and long term trends are negative.