Salesforce Inc. (CRM) is exhibiting potential bullish momentum, with a notable weekly gap around the $260 level. A breakout above the $313.80 level could signal further strength, positioning the stock to target the $349.13 resistance. This trade setup offers an attractive risk-to-reward ratio, with a stop-loss set at $256.16 to manage downside risk.
The Relative Strength Index (RSI) for CRM was extremely oversold at 24 on March 10th, indicating a potential for a bounce. As of March 17, 2025, the 14-day RSI had risen to 36.22, suggesting improving momentum.
Analyst sentiment remains positive, with a consensus rating of "Moderate Buy" among 40 analysts. The average 12-month price target is $375.58, indicating a potential upside of approximately 33.84% from current levels. Price targets range from a low of $243.00 to a high of $440.00, reflecting confidence in the company's growth prospects.
Salesforce's continued innovation in artificial intelligence, particularly with the development of Agentforce 2.0, positions the company well for future growth. This AI-driven suite is expected to optimize marketing campaigns and customer service, contributing to revenue expansion.
This combination of technical indicators and strong fundamentals supports a bullish outlook for CRM, with a potential move toward the $349.13 resistance level.
CRM
The Relative Strength Index (RSI) for CRM was extremely oversold at 24 on March 10th, indicating a potential for a bounce. As of March 17, 2025, the 14-day RSI had risen to 36.22, suggesting improving momentum.
Analyst sentiment remains positive, with a consensus rating of "Moderate Buy" among 40 analysts. The average 12-month price target is $375.58, indicating a potential upside of approximately 33.84% from current levels. Price targets range from a low of $243.00 to a high of $440.00, reflecting confidence in the company's growth prospects.
Salesforce's continued innovation in artificial intelligence, particularly with the development of Agentforce 2.0, positions the company well for future growth. This AI-driven suite is expected to optimize marketing campaigns and customer service, contributing to revenue expansion.
This combination of technical indicators and strong fundamentals supports a bullish outlook for CRM, with a potential move toward the $349.13 resistance level.
CRM 
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.