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Crmforecast

Salesforce - $CRM - Set to FLYSalesforce is primed for a major move higher, and here’s why: 1️⃣ H5 Indicator is GREEN 2️⃣ Hasn't reach bull flag measured move yet 3️⃣ Massive 3-Year Cup-and-Handle Pattern Breakout with a retest. Now NYSE:CRM will move higher! 4️⃣ Wr% consolidation box is thriving 5⃣ All Time High Free Range 🐔 6⃣ Impressive FCF Growth: Driving higher margins and profitability. Intrinsic Value (Fair Value): $419 - 21% higher 🎯 $383 (Aug 2025) 📏 $502 (Before 2028) Are you sold on this H5 Setup? NFA
NYSE:CRMLong
by RonnieV29
15
Salesforce Set to Soar: Here’s Why!NYSE:CRM Salesforce Set to Soar: Here’s Why! Salesforce is primed for a major move higher, and here’s why: 1️⃣ #HIGHFIVESETUP: Our proven trading strategy signals bullish trends. 2️⃣ Bull Flag Breakout: Already breaking out, heading toward the next key point. 3️⃣ Massive 3-Year Cup-and-Handle Pattern: NYSE:CRM is on the verge of a significant breakout. 4️⃣ Impressive FCF Growth: Driving higher margins and profitability. 🎯 Price Targets: First Price Target: $383 (Aug 2025) Second Price Target: $500 (2028) What do you think of this trade setup? Are you adding it to your watchlist? NFA #trading #QQQ #SPY
NYSE:CRMLong
by RonnieV29
Salesforce Developing Head and ShouldersSalesforce Daily Price Action CRM is currently attempting a reversal from its uptrend that started back in December / January. The head and shoulders that is developing is rather obvious, however it should noted that the left shoulder had much higher volume than the head; showing lack of buyers willing to participate. The right shoulder does have rather high volume so far, but we believe the gap that was created will be filled immediately and price action will move to the neckline (Red / Teal Solid). Relative Strength Indicator As shown, there is a clear divergence (Aqua Solid) that was extended into a trend line (Yellow Solid) which is an area to look for a break though for invalidation. RSI has moved back over the 50 level, but is currently approaching it's line of resistance. On Balance Volume Similar to the RSI, OBV has also created a divergence and is also now approaching a level of resistance (Red Solid). Breaking the level would signal an invalidation, however in conjunction with the prior stated analysis, we believe it will become a triple top. TLDR; No pittering or pattering, just get to it. I like it, thats how we operate here. A clear head and shoulders pattern is forming with divergences on the RSI and OBV. Both indicators are re-approaching a levels of resistance while price action is attempting to make a lower high from the head. We believe price action makes a turn around, fills the gap, and moves lower to test the neckline; look for heavy selling volume to confirm the break and wait for the retest. Target areas of support are shown if the head and shoulders plays out What Seems Legit? Well if you got yer gamblin' purse and got the itch, sell in September no regerts in November. "Bro you missed the hidden continuation divergence!!!", we chose not to label that because the price action stayed flat and didn't actually move higher; which is what you normally see. If you do have your gamblin' purse but your down to your last roll of quarters, wait for the neckline to snap then get your feet wet on the retest. Check us out on Twitter for quick analysis charts not posted here, memes, and news that no one covers Chart Key Yellow Solid = Trend Line Red Solid = Resistance / Support Red / Teal Solid = Neckline Aqua Solid = Divergences White Dotted = H&S Invalidation Area Green Boxes = Supports / Target Areas
NYSE:CRMShort
by Seems_Legit_Research
1
Salesforce (CRM) RISING HIGHERshort term long.If pullback is supported by low volume long. IF the pullback will be followed by high volume short Salesforce (CRM) One of the biggest players in the cloud-based customer relationship management (CRM) domain, Salesforce (CRM) provides solutions to bring companies and customers together through its platform. Beginning in a San Francisco apartment in 1999, Salesforce now services over 150,000 companies. Through its digital workflows, Salesforce aids companies in managing customer information and enhances the quality of interactions. It’s powered through data and its brands Tableau, MuleSoft and Heroku. On 3 May, Salesforce announced it had been ranked as the #1 CRM provider by the International Data Corporation (IDC) for the ninth consecutive year. Earlier this year, on 11 April, the company featured on Fortune’s 100 Best Companies to Work For list for the 14th time in a row. The Salesforce stock market price had grown significantly during Covid-19 global lockdowns. The ability to manage teams and businesses remotely was highly sought after, leading to the CRM historical stock price all-time high of $309.96 on 8 November 2021. However, since then the stock has fallen nearly 40% amid rising interest rates, peaking inflation and global supply chain issues. At the time of writing, CRM stock had last closed at $189.19 on 9 June. The company released its Q1 financial results for fiscal year 2023 on 31 May, boosting investor confidence in the Salesforce share value. With $7.41bn in revenue, the company achieved a year-over-year (YoY) growth of nearly 25%. Following a strong start in its first quarter, what does the future of this cloud-based digital advisor look like? Join us as we undertake a fundamental analysis, catch up on the latest CRM stock news and get analyst insights on Salesforce share price forecast. Salesforce stock fundamental analysis: Q1 financial results Salesforce quarterly financial results for fiscal 2023 ended 30 April 2022 showcased strong demand across the diverse range of industries and regions it caters to. Its top-line figure of $7.41bn was a 24.32% increase from Q1 FY 2022 figure of $5.96bn. According to data by Refinitiv, Salesforce surpassed analyst revenue expectations of $7.38bn. Across its two broad categories of revenue generation, subscription and support, and professional services, the former contributed approximately 92% of the overall revenues. Professional services climbed up to $555m from $427m in Q1 FY 2022. The company’s subscription and support channelcan be segregated to its sales, services, marketing and commerce, platform, and data domains. Of these, services contributed the most to the overall revenue. At $1.8bn in Salesforce service rose by nearly 20% YoY from $1.5bn. The lowest contributor remained through its data domains at $1bn. At $4.97bn, the American markets had a YoY growth of 21%, followed by the EMEA region with a 33% increase at $1.73bn, while APAC grew by 24% to $702m. Salesforce’s remaining performance obligation (RPO), grew by 21%. On a constant currency basis, this growth reflects a 24% YoY growth. RPO represents future revenues from future contracts that will drive revenues within the next 12 months of the company’s operating cycle. Russia’s invasion of Ukraine in February 2022 saw the macro environment turning shaky amid global supply chain issues and rising inflation. Salesforce reported a revenue headwind of nearly $109m YoY due to adverse foreign exchange movements. However, from its core operating business, the performance remained solid, reporting $3.7bn through its operating cash flow for the quarter ended 30 April. The company showcased a 15% growth from the previous year’s $3.2bn for the same quarter. Salesforce has continually upgraded to offer more than sales and service-related products. Through its data, marketing and commerce platforms, the company’s revenue opportunities, calculated through its total addressable market (TAM), are anticipated to grow to $284bn by 2026. Salesforce’s bottom-line, however, remained underwhelming. Compared to the same quarter a year ago, net income fell to $28m from $469m. Using Q1 generally accepted accounting principles (GAAP) diluted earning per share (EPS) was $0.03. Non-GAAP diluted EPS of $0.98 beat the Zacks consensus analyst expectations of $0.93.
CAPITALCOM:CRMLong
by DaveBrascoFX
Salesforce continues to ride on bullish momentum.Salesforce - 30d expiry - We look to Buy a break of 167.51 (stop at 158.51) Short term momentum is bullish. There is no clear indication that the upward move is coming to an end. A break of the recent high at 167.24 should result in a further move higher. The previous swing high is located at 166.03. A clear break of 167.24 and we would look for further gains to 190.00. Our profit targets will be 189.89 and 194.89 Resistance: 167.24 / 172.50 / 177.00 Support: 163.00 / 160.00 / 155.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:CRMLong
by VantageMarkets
2
CRM Salesforce - Weekly Chart ConcernHello friends, today you can review the technical analysis idea on a 1W linear scale chart for Salesforce, Inc (CRM). The CRM price chart is self-explanatory. I posted about this stock in December 2021 and since that point, the price is down about 54%. It's not out of the water just yet as price has a possibility to head lower. There is a strong trend line where price may bounce from with historical support but that would mean price needs to come down another 29%. There is also a weekly Death Cross (50D and 200D SMA cross) that occurred recently, which may cause price to head lower. I have also included the Volume and RSI in this chart. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
NYSE:CRM
by MillionaireEconomics
CRM Salesforce.com: Bigger Drop ComingHello friends, today I am completing a technical analysis on the 1M linear scale chart for Salesforce.com ( CRM ), traded on the NYSE. #CryptoPickk notes the following: 1) Salesforce.com price has been falling month over month, down about 20% from it's all time high price. 2) The price has been supported by a multi-year arc line (in red color). In the past year, the price was supported by a rising trendline (in yellow color), however it broke that support and has potential to fall further. 3) Historically the price has had very large swings as shown in the chart. 4) Based on a Fibonacci Retracement, the price has the potential to touch the 0.236 level around $160-$165, which is also where the price can touch the multi-year arc line. This would be about a 48% drop from the all time high price. 5) There is also a multi-year Bearish Divergence which formed that is also a major reason why a further price drop may be coming. You can see the price has formed HIGH HIGH and RSI and Stoch RSI has formed LOWER HIGH. 6) Keep an eye on the RSI (relative strength index) as it has touched the 49-50 level historically before seeing a bounce. This may be a place to potentially start dollar cost averaging in. 7) This isn't the first time the price has potential to see a sizable drop as it has shown historically that it drops and then recovers. What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
NYSE:CRM
by MillionaireEconomics
8
CRM Daily TimeframeSNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS. ENTRY PRICE BLACK COLOR TARGETS GREEN COLOR STOP LOSS RED COLOR DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING. It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave. The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe. Consider those points and you will have a huge advantage in the market. There is a lot more about this strategy. It can predict possible target and also give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts. START BELIEVING AND GOOD LUCK HADIMOZAYAN
NYSE:CRMShort
by hadimozayan