Stock Analysis: Salesforce com Inc (CRM)

Stock Analysis for Salesforce com Inc (CRM)

The Interpreter
Hey Friend, I'm analysing SALESFORCE COM INC (CRM), and it is between the Support of $ 292.46 (PivotS1) and the Resistance of $ 300.38 (Triangle Projection Level 0). The stock is also approaching the line of PivotS1 at $ 292.46, and if it goes below this line it could reach the next Support of 61.8% of Fibonacci at $ 288.09.

Salesforce com Inc (CRM)

$ 276.18 -0.2%

Last Close 24-Apr-24

Trade CRM Now

Supports

Next Support: $ 292.46

Pivot S1: $ 292.46
Fibonacci 61.8%: $ 288.09
Triangle Level (0): $ 265.76

Resistances

Next Resistance: $ 300.38

Pivot: $ 301.84
Fibonacci 100%: $ 311.70
Triangle Level (0): $ 300.38

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 10 Apr 2024	Sell Price: 299.62	Profit: Open Day1 ($ 299.47)	Abandoned Baby	Sell
002 01 Apr 2024	Buy Price: 302.26	Profit: Close Day1 ($ 304.00)	Abandoned Baby	Buy
003 22 Mar 2024	Sell Price: 307.77	Profit: Open Day1 ($ 303.70)	Engulfing	Sell
004 18 Mar 2024	Buy Price: 300.51	Profit: Close Day1 ($ 301.45)	Abandoned Baby	Buy
005 23 Feb 2024	Sell Price: 292.80	Loss: Close Day2 ($ 299.50)	Dark Cloud Cover	Sell
006 16 Feb 2024	Sell Price: 289.72	Profit: Open Day1 ($ 289.50)	Engulfing	Sell
007 17 Jan 2024	Buy Price: 271.44	Profit: Open Day1 ($ 273.00)	Engulfing	Buy
008 08 Jan 2024	Buy Price: 260.87	Profit: Close Day1 ($ 261.34)	Abandoned Baby	Buy
009 18 Aug 2023	Buy Price: 204.83	Profit: Open Day1 ($ 206.00)	Piercing Line	Buy
010 01 Jun 2023	Sell Price: 212.90	Profit: Open Day2 ($ 210.47)	Abandoned Baby	Sell
011One Year Average	Both Sides Result for 10 Signals	Profit: $ 6.05 ($ 0.60 / Signal) +2.2% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for CRM Below.

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Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	276.43	SELL	2	275.94	BUY
3	275.56	BUY	3	275.60	BUY
5	273.79	BUY	5	275.93	BUY
8	274.45	BUY	8	278.05	SELL
13	284.06	SELL	13	282.13	SELL
21	290.87	SELL	21	286.78	SELL
34	295.92	SELL	34	289.85	SELL
55	295.59	SELL	55	288.54	SELL
90	285.58	SELL	90	280.63	SELL
200	248.06	BUY	200	255.71	BUY

Company Info +

Name & IPO

Salesforce.com Inc
IPO: 2004-06-23

Stock Ticker & Exchange

Ticker: CRMIndices: Dow 30, S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.salesforce.com/
Phone:

Stock Type

Common Stock

SIC Office

Technology ()

Industry

Services-prepackaged Software

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.