CRM Stock Forecast & Salesforce Chart Analysis
This article provides a detailed analysis of CRM-Salesforce stock including a forecast for CRM shares. It features Salesforce, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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CRM Historical Data Review
CRM Current Price Performance Analysis
The Salesforce - CRM stock traded on the American stock market, on 06-05-2024, closed at 236.53$ with a %0.71 increased compared to the previous day.
In the last month, the price of CRM changed by %-14.19 decreased in value, from 275.63 dollars on 05-06-2024 to 236.53 dollars, decreased.
Last year, the price of CRM was 212.85 dollars on 06-06-2023, and changed by %11.13 increased in value, to 236.53 dollars increased within a year.
The price of Salesforce stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
CRM with AI Stock Forecast & Price Target
On the CRM chart Salesforce price was recorded as 236.53 Dollars on 06/05/2024.
The artificial intelligence's forecast on CRM stock is as follows.
The artificial intelligence's prediction error margin for CRM stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Salesforce stock over the next 4 months is: 351.9 Dollars.
The commentary on CRM stock Target Price: Highest: 376.606 Dollars is predicted.
The commentary on CRM stock Target Price: Lowest: 289.491 Dollars is predicted.
Resistance Price where Salesforce stock will Rise and Fall:
Date | Price Prediction |
---|---|
07-10-2024 | 315.169 |
10-08-2024 | 375.538 |
10-23-2024 | 374.606 |
01-01-2025 | 372.614 |
01-16-2025 | 372.862 |
02-20-2025 | 376.606 |
Support Price where Salesforce stock will Fall and Rise:
Date | Price Prediction |
---|---|
07-30-2024 | 311.313 |
10-18-2024 | 374.359 |
11-27-2024 | 353.245 |
01-06-2025 | 372.580 |
01-21-2025 | 372.543 |
03-27-2025 | 350.972 |
The commentary on CRM stock: The target price can generally be said to be on the rise.
The commentary on CRM stock: Fluctuations in the target price can be expected in the coming days.
The target price for Salesforce stock by the end of 2024 is predicted to be 370.879 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on CRM stock, and the 2024 target price predictions for Salesforce are detailed above.
The technical analysis and charts for the commentary on CRM stock are below.
CRM Support & Resistance and Trend Analysis
CRM stock you have reviewed the technical analysis support resistance charts regarding.
CRM : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the CRM review, the Salesforce support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Salesforce Support and Resistance Prices:
CRM Support Level Price | CRM Resistance Level Price |
---|---|
246.89 | 268.36 |
249.84 | 279.94 |
266.55 | 286.48 |
271.66 | 290.02 |
276.42 | 295.24 |
293.77 | 303.83 |
311.30 | |
311.80 | |
317.65 | |
318.71 |
CRM Technical Analysis: SMA, RSI, MACD
Upon reviewing the CRM chart, buy and sell signals have been generated in the Salesforce technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for CRM stock are as follows:- CRM technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Salesforce gave a 'Buy' signal when the RSI was at 18.874, with the current RSI value at 24.508.
- The technical analysis for Salesforce indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
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