Salesforce, Inc. is a provider of customer relationship management (CRM) technology. Co.'s Customer 360 platform spans sales, service, marketing, commerce, collaboration, integration, artificial intelligence, analytics, automation, and others. It connects customer data across systems, applications and devices to create a complete view of customers. Co. also enables third parties to use its platform and developer tools to create additional functionality and applications that run on the Co.'s platform.
When researching a stock like Salesforce.com, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from CRM Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for CRM stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the CRM 200 day moving average ("CRM 200 DMA"), while one of the most popular "shorter look-backs" is the CRM 50 day moving average ("CRM 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Salesforce.com. |
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Video: Technical Analysis