SALESFORCE INC (CRM) Stock Technical Analysis
NYSE:CRM - New York Stock Exchange, Inc. - US79466L3024 - Common Stock - Currency: USD
Overall CRM gets a technical rating of 0 out of 10. 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
70% of all other stocks performed better in the past year than CRM.
In the last month CRM has a been trading in the 230.00 - 273.63 range, which is quite wide. It is currently trading near the high of this range.
CRM has an average volume of 7397450 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 52% of 281 stocks in the same industry.
CRM is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of CRM is bad and it also does not present a quality setup 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
233.89
371.55
When analyzing the support we notice one important area.
- A support zone ranging from 236.25 to 243.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 268.72 to 268.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @308.73 from a trend line in the weekly time frame.
- Resistance @345.47 from a trend line in the daily time frame.
- Resistance @367.87 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.89
Mansfield-0.37
10 Day High269.5
10 Day Low232.77
20 Day High273.63
20 Day Low230
52 Week High369
52 Week Low212
Performance
1 Week7.28%
2 Weeks5.41%
1 Month-0.55%
3 Month-21.36%
6 Month-8.83%
12 Month-1.81%
2 Year35.46%
3 Year52.73%
5 Year65.92%
10 Year269.01%
15 Year1155.65%
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)3.86
RSI(14)53.68
LBB236.5
UBB275.15
268.71
+0.95 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.35%
1 Week7.28%
2 Weeks5.41%
1 Month-0.55%
3 Month-21.36%
6 Month-8.83%
12 Month-1.81%
2 Year35.46%
3 Year52.73%
5 Year65.92%
10 Year269.01%
15 Year1155.65%
Volatility
ATR(14)8.75
ATR(20)%4.29%
ATR Inc-58.81%
Range Today5.87
ADR(20)9.76
ADR(20)%3.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.89
Mansfield-0.37
10 Day High269.5
10 Day Low232.77
20 Day High273.63
20 Day Low230
52 Week High369
52 Week Low212
CS1 End243.97
CR1 Start268.72
Volume & EV
DER(3)0.13%
DER(5)0.67%
Volume4.59M
Volume Incr-28.07%
Vol(5)5.24M
Vol(50)7.40M