SALESFORCE INC (CRM)
US79466L3024 - Common Stock
We assign a technical rating of 3 out of 10 to CRM. CRM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month CRM has a been trading in the 245.17 - 265.81 range, which is quite wide. It is currently trading near the high of this range.
CRM has an average volume of 9425240 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!
When comparing the performance of all stocks over the past year, CRM turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
CRM is part of the Software industry. There are 284 other stocks in this industry, CRM did better than 58% of them.
CRM is currently trading in the middle 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 slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CRM has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
221.50
265.83
When analyzing the support we can see 6 important areas.
- A support zone ranging from 259.28 to 260.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 252.69 to 254.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @247.34 from a horizontal line in the daily time frame.
- Support @239.91 from a trend line in the weekly time frame.
- Support @231.93 from a horizontal line in the weekly time frame.
- Support @223.74 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 263.20 to 263.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.92
Mansfield-0.7
10 Day High264.49
10 Day Low245.17
20 Day High265.81
20 Day Low245.17
52 Week High318.71
52 Week Low193.68
Performance
1 Week6.09%
2 Weeks3.44%
1 Month3.9%
3 Month-4.22%
6 Month-6.15%
12 Month16.45%
2 Year42.76%
3 Year8.59%
5 Year70.04%
10 Year384.26%
15 Year2324.64%
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)0.86
RSI(14)59.12
LBB245.51
UBB260.83
SALESFORCE INC
NYSE:CRM (7/26/2024, 4:35:48 PM)
After market: 262.71 0 (0%)262.71
+6.19 (+2.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.41%
1 Week6.09%
2 Weeks3.44%
1 Month3.9%
3 Month-4.22%
6 Month-6.15%
12 Month16.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.53
ATR(20)%2.35%
ATR Inc
Range Today7.42
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High264.49
10 Day Low245.17
20 Day High265.81
20 Day Low245.17
52 Week High318.71
52 Week Low193.68
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.13M
Volume Incr-20.52%
Vol(5)5.57M
Vol(50)9.43M