AI Robot Generates 13.13% for CRM, Salesforce Enters Bullish Trend
I can tell you that there is exciting news in the world of CRM and Salesforce. The AI robot generated an impressive 13.13% return for CRM, which bodes well for the company's future performance. Furthermore, Salesforce has recently entered a monthly bullish trend, suggesting that the company's uptrend may continue in the coming months.
The use of AI and robotics in finance has been gaining popularity in recent years and for good reason. These technologies can analyze vast amounts of data, identify patterns, and make predictions far more quickly and accurately than humans can. In the case of CRM, the AI robot was able to generate an impressive return, highlighting the potential of these technologies in the financial world.
Looking at Salesforce's recent bullish trend, we can expect that the company's uptrend may continue in the near future. This is good news for investors who have been following the company's progress, as it suggests that there may be further opportunities for growth and profit. Of course, as with any investment, there are always risks involved, and investors should carefully consider their options before making any decisions.
Overall, the use of AI and robotics in finance has the potential to revolutionize the industry and help investors make better, more informed decisions. With companies like CRM and Salesforce embracing these technologies, we can expect to see continued growth and innovation in the coming years.
CRM's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for CRM turned positive on May 10, 2023. Looking at past instances where CRM's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 08, 2023. You may want to consider a long position or call options on CRM as a result. In of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CRM advanced for three days, in of 336 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 281 cases where CRM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CRM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CRM broke above its upper Bollinger Band on May 30, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. CRM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock slightly better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.671) is normal, around the industry mean (31.306). CRM has a moderately high P/E Ratio (1000.000) as compared to the industry average of (168.128). Projected Growth (PEG Ratio) (1.534) is also within normal values, averaging (4.122). Dividend Yield (0.000) settles around the average of (0.040) among similar stocks. P/S Ratio (6.959) is also within normal values, averaging (70.523).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a developer of on-demand customer relationship management software technology
Industry PackagedSoftware
CRM and
Correlation & Price change
A.I.dvisor indicates that over the last year, CRM has been closely correlated with ESTC. These tickers have moved in lockstep 72% of the time. This A.I.-generated data suggests there is a high statistical probability that if CRM jumps, then ESTC could also see price increases.
| Ticker / NAME | Correlation To CRM | 1D Price Change % | ||
|---|---|---|---|---|
| CRM | 100% | +1.59% | ||
| ESTC - CRM | 72% Closely correlated | +4.69% | ||
| ADBE - CRM | 71% Closely correlated | +0.44% | ||
| NOW - CRM | 70% Closely correlated | +2.17% | ||
| HUBS - CRM | 70% Closely correlated | +2.86% | ||
| WDAY - CRM | 68% Closely correlated | -3.24% | ||
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