Salesforce Stock Technical Analysis

CRM
 Stock
  

USD 143.84  2.97  2.02%   

As of the 2nd of October, Salesforce has the risk adjusted performance of (0.10), and Coefficient Of Variation of (1,052). Salesforce technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Salesforce, which can be compared to its competition. Please validate Salesforce downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Salesforce is priced more or less accurately, providing market reflects its prevalent price of 143.84 per share. Given that Salesforce has jensen alpha of (0.06), we advise you to double-check Salesforce's current market performance to make sure the company can sustain itself at a future point.
  

Salesforce Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Salesforce, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Salesforce
Salesforce's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Salesforce Analyst Consensus

Target PriceAdvice# of Analysts
320.9Buy30Odds
Salesforce current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Salesforce analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Salesforce stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Salesforce, talking to its executives and customers, or listening to Salesforce conference calls.
Salesforce Analyst Advice Details
Salesforce technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Salesforce technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Salesforce trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Salesforce Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Salesforce volatility developed by Welles Wilder.
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Salesforce Trend Analysis

Use this graph to draw trend lines for Salesforce. You can use it to identify possible trend reversals for Salesforce as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Salesforce price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Salesforce Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Salesforce applied against its price change over selected period. The best fit line has a slop of   -0.64  , which may imply that the returns on investment in Salesforce will continue to fail. It has 122 observation points and a regression sum of squares at 15401.81, which is the sum of squared deviations for the predicted Salesforce price change compared to its average price change.

About Salesforce Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Salesforce on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Salesforce based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Salesforce price pattern first instead of the macroeconomic environment surrounding Salesforce. By analyzing Salesforce's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Salesforce's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Salesforce specific price patterns or momentum indicators. Please read more on our technical analysis page.

Salesforce October 2, 2022 Technical Indicators

Most technical analysis of Salesforce help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Salesforce from various momentum indicators to cycle indicators. When you analyze Salesforce charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Salesforce October 2, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Salesforce stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Continue to Trending Equities. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for analysis

When running Salesforce price analysis, check to measure Salesforce's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Salesforce is operating at the current time. Most of Salesforce's value examination focuses on studying past and present price action to predict the probability of Salesforce's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Salesforce's price. Additionally, you may evaluate how the addition of Salesforce to your portfolios can decrease your overall portfolio volatility.
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Is Salesforce's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Salesforce. If investors know Salesforce will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Salesforce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Salesforce is measured differently than its book value, which is the value of Salesforce that is recorded on the company's balance sheet. Investors also form their own opinion of Salesforce's value that differs from its market value or its book value, called intrinsic value, which is Salesforce's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Salesforce's market value can be influenced by many factors that don't directly affect Salesforce's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Salesforce's value and its price as these two are different measures arrived at by different means. Investors typically determine Salesforce value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Salesforce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.