SALESFORCE INC (CRM) Technical Analysis
NYSE:CRM • US79466L3024
Current stock price
172.82 USD
+7.86 (+4.76%)
At close:
173.31 USD
+0.49 (+0.28%)
Pre-Market:
CRM Technical Rating and Analysis
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 89% 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- 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 14307200 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 45% of 271 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. 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
CRM Support and Resistance Analysis
171.09
276.39
We can see 6 important resistance areas.
- A resistance zone ranging from 179.15 to 179.81. 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 185.08 to 190.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @238.18 from a trend line in the weekly time frame.
- Resistance @253.54 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 | 11.59 | NEGATIVE | CRM has a low relative strength, it was outperformed by 88.41% 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) | 37.79 | NEUTRAL | The RSI value for CRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.41 | NEGATIVE | The MACD value suggests CRM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.24 | OVERSOLD | The low Stochastics value suggests CRM may be oversold. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for CRM suggests some volalility. |
| Average Directional Index/ADX (14) | 18.2 | 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
172.82
+7.86 (+4.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg4.76%
1 Week-6.6%
2 Weeks-3.62%
1 Month-10.38%
3 Month-23.9%
6 Month-28.9%
12 Month-30.11%
2 Year-35.74%
3 Year-12.88%
5 Year-24.97%
10 Year128%
15 Year398.76%
Volatility
ATR(14)7.57
ATR(20)%4.11%
ATR Inc11.59%
Range Today7.63
ADR(20)6.6
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.59
3 months CRS15.11
6 months CRS16.75
Mansfield-3.23
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 Start179.15
Volume & EV
DER(3)1.82%
DER(5)0.11%
Volume12.39M
Volume Incr15.75%
Vol(5)15.43M
Vol(50)14.31M
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 37.7868. 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 -1.40844, 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.