Episodes

  • Salesforce (CRM) Analysis: Bullish Trend, Caution Signals, and Technical Indicators to Watch

    Salesforce (CRM) Analysis: Bullish Trend, Caution Signals, and Technical Indicators to Watch
    Nov 14 2024
    **Salesforce (CRM) Analysis**

    1. **Current Price and Intraday Trading Range**: As of November 12, 2024, CRM stock closed at $340.71, with a high of $344.88 and a low of $325.25 on November 11, 2024[4][5].

    2. **Pre-market and After-hours Movement**: On November 12, 2024, CRM stock saw a slight increase of 0.09% in after-hours trading, reaching $341.03[4].

    3. **Trading Volume vs Average**: The trading volume on November 11, 2024, was 13.23M, which is higher than the average volume seen in the previous days[4].

    4. **Recent News or Announcements**: There were no significant news or announcements in the last 24 hours that could have impacted CRM stock price.

    5. **Major Analyst Updates or Price Target Changes**: No recent analyst updates or price target changes were found in the available sources.

    6. **Options Flow Activity**: No specific data on options flow activity was available in the provided sources.

    7. **Related Semiconductor/AI Sector News**: No direct impact from semiconductor/AI sector news was identified in the available sources.

    8. **Key Technical Indicators for Day Trading**:
    - **Fear & Greed Index**: 39 (Fear), indicating caution[3].
    - **Sentiment**: Bullish, with 63% green days over the last 30 days[3].
    - **Volatility**: 3.93% over the last 30 days[3].
    - **14-Day RSI**: 70.45, suggesting the stock might be overbought[3].
    - **50-Day SMA**: $279.54, indicating the stock is trading above its short-term moving average[3].
    - **200-Day SMA**: $274.15, showing the stock is also above its long-term moving average[3].

    **Market Sentiment**: Despite the bullish sentiment, the Fear & Greed Index suggests caution, and the high RSI value indicates the stock might be overbought. This suggests a potential for a short-term correction. However, the overall trend remains positive, with the stock trading above both its short-term and long-term moving averages.
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    2 mins
  • Salesforce (CRM) Soars with Bullish Technicals and Analyst Upgrades

    Salesforce (CRM) Soars with Bullish Technicals and Analyst Upgrades
    Nov 13 2024
    **Salesforce (CRM) Analysis**

    1. **Current Price and Intraday Trading Range**: The current price of Salesforce (CRM) is $343.99, with an intraday trading range of $338.51 to $348.86[1][5].

    2. **Pre-market and After-hours Movement**: Not specified in the provided sources.

    3. **Trading Volume vs Average**: The trading volume is 7,275,987, which is not compared to the average volume in the provided sources[1].

    4. **Recent News or Announcements**: Recent news includes price target upgrades from Wells Fargo to $330 and from Jefferies to $400[3].

    5. **Major Analyst Updates or Price Target Changes**: Analysts have raised price targets, indicating a positive outlook. Wells Fargo raised the target to $330, and Jefferies and Evercore ISI raised it to $400[3].

    6. **Options Flow Activity**: Unusually active option classes were reported on November 7th, but specific details are not provided[3].

    7. **Related Semiconductor/AI Sector News**: The AI sector is showing signs of deceleration, which could impact Salesforce. However, the company's integration of AI technologies is seen as a positive factor[1][3].

    8. **Key Technical Indicators for Day Trading**:
    - **Moving Averages**: CRM is above its 8-day, 20-day, 50-day, and 200-day simple and exponential moving averages, indicating a strong buy signal[2][5].
    - **Technical Rating**: Very Bullish, with bullish moving averages, technical indicators, and moving averages crossovers[5].
    - **Market Sentiment**: Very Positive, with 92% bullish sentiment and a very bullish news sentiment[3].

    **Market Sentiment and Outlook**: The overall sentiment is very bullish, with recent price target upgrades and positive technical indicators. Despite potential challenges in the AI sector, Salesforce's integration of AI technologies is seen as a positive factor. The stock is technically a buy, with strong moving averages and bullish technical indicators.
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    2 mins
  • Salesforce (CRM) Technical Analysis: Bullish Signals Emerge as Stock Trades Above Key Moving Averages

    Salesforce (CRM) Technical Analysis: Bullish Signals Emerge as Stock Trades Above Key Moving Averages
    Nov 12 2024
    **Salesforce (CRM) Analysis**

    1. **Current Price and Intraday Trading Range**: The current price of Salesforce (CRM) is $296.21, with a recent intraday trading range of $310.73 to $322.75[5].

    2. **Pre-market and After-hours Movement**: No specific pre-market or after-hours movement data is available in the provided sources.

    3. **Trading Volume vs Average**: The share volume is 3.9M, but no average volume is provided for comparison[2].

    4. **Recent News or Announcements**: There are no recent news or announcements in the last 24 hours mentioned in the provided sources.

    5. **Major Analyst Updates or Price Target Changes**: The consensus price target for Salesforce is $312.03, but no recent updates or changes are noted[1].

    6. **Options Flow Activity**: No information on options flow activity is available in the provided sources.

    7. **Related Semiconductor/AI Sector News**: While there are mentions of AI and technology sectors, no specific news affecting Salesforce is highlighted in the provided sources.

    8. **Key Technical Indicators for Day Trading**:
    - **Moving Averages**: CRM is above its 8-day SMA ($295.14), 20-day SMA ($291.67), 50-day SMA ($274.06), and 200-day SMA ($273.26), indicating a buy signal[2].
    - **Exponential Moving Averages**: CRM is above its 8-day EMA ($294.83), 20-day EMA ($290.06), 50-day EMA ($279.04), and 200-day EMA ($263.84), further supporting a buy signal[2].
    - **Technical Rating**: Salesforce is rated as "Very Bullish" with a score of 57, which is 14% above its historic median score, indicating lower risk than normal[2].

    **Market Sentiment**: The overall market sentiment for Salesforce is bullish, with technical indicators and recent price movements suggesting a positive outlook. However, it is essential to consider broader market trends and potential sector-specific news that could impact the stock.
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    2 mins
  • Salesforce (CRM) Rides the AI Wave: Analyst Bullishness and Bullish Technical Signals

    Salesforce (CRM) Rides the AI Wave: Analyst Bullishness and Bullish Technical Signals
    Nov 11 2024
    **Salesforce (CRM) Analysis**

    1. **Current Price and Intraday Trading Range**: The current price of Salesforce (CRM) is $297.49, with a recent intraday trading range of $294.74 to $298.81[4].

    2. **Pre-market and After-hours Movement**: No specific pre-market or after-hours data is available in the provided sources.

    3. **Trading Volume vs Average**: The recent volume is 1,683,408, but no average volume is provided for comparison[4].

    4. **Recent News or Announcements**: There are no recent news or announcements in the last 24 hours mentioned in the provided sources.

    5. **Major Analyst Updates or Price Target Changes**: The average rating for CRM stock is "Buy" with a 12-month stock price forecast of $313.85, indicating a 5.75% increase from the latest price[4].

    6. **Options Flow Activity**: No information on options flow activity is available in the provided sources.

    7. **Related Semiconductor/AI Sector News**: Salesforce's innovative integration of AI technologies positions it as a leader in the sector, with a 33% upside potential suggested by the discounted cash flow model[4].

    8. **Key Technical Indicators for Day Trading**:
    - **Moving Averages**: CRM is above its 8-day, 20-day, 50-day, and 200-day simple and exponential moving averages, indicating a strong buy signal[1][3].
    - **Technical Rating**: CRM is rated as "Very Bullish" based on technical indicators[3].
    - **Pivot Levels**: The classic pivot levels are R1: $300.92, R2: $303.91, R3: $307.77, PP: $297.06, S1: $294.07, S2: $290.21, S3: $287.22[3].

    **Market Sentiment**: The overall market sentiment for Salesforce (CRM) is bullish, with analysts and technical indicators suggesting a buy. The company's strong financial performance and strategic integration of AI technologies further support this sentiment.
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    2 mins
  • Salesforce (CRM) Analysis: AI Acquisitions, Bullish Outlook, and Key Technical Indicators

    Salesforce (CRM) Analysis: AI Acquisitions, Bullish Outlook, and Key Technical Indicators
    Nov 8 2024
    **Salesforce (CRM) Analysis:**

    1. **Current Price and Intraday Trading Range:**
    - Current price: $310.78.
    - Intraday trading range: Not specified in the provided sources, but historical data shows recent highs and lows around $312.19 and $307.53 respectively.

    2. **Pre-market and After-hours Movement:**
    - Not specified in the provided sources.

    3. **Trading Volume vs Average:**
    - Volume: 73,802.00, but average volume is not provided for comparison.

    4. **Recent News or Announcements:**
    - No recent news or announcements in the last 24 hours are mentioned in the provided sources.

    5. **Major Analyst Updates or Price Target Changes:**
    - The median target price from 99 analysts is $289.57, with a high estimate of $365.00 and a low estimate of $220.00.

    6. **Options Flow Activity:**
    - Not specified in the provided sources.

    7. **Related Semiconductor/AI Sector News Affecting Salesforce:**
    - Salesforce has made recent acquisitions in AI, including Airkit.ai and Spiff, indicating a focus on AI-powered customer service applications.

    8. **Key Technical Indicators for Day Trading:**
    - **Support and Resistance Levels:**
    - Classic: R1=300.92, R2=303.91, R3=307.77, PP=297.06, S1=294.07, S2=290.21, S3=287.22.
    - **Market Sentiment:**
    - The stock has a "Very Bullish" technical rating, with a 1-week return of 3.17%, 1-month return of 8.10%, and YTD return of 12.57%.
    - **TTM PE and EPS:**
    - TTM PE: 33.47, TTM EPS: 8.85.

    **Market Sentiment:**
    - The consensus rating is "Buy," with 70 buy ratings, 28 hold ratings, and 1 sell rating.
    - The stock is considered "Very Bullish" based on recent price movements and technical indicators.
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    2 mins