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14.6% Return Seen to Date on SmarTrend salesforce.com Call (CRM)
Sep 10, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for salesforce.com (NYSE:CRM) on August 6th, 2012 at $131.04. In approximately 1 month, salesforce.com has returned 14.57% as of today's recent price of $150.13.
Over the past year, salesforce.com has traded in a range of $94.09 to $164.75 and is now at $150.13, 60% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.7%.
Salesforce.com, Inc. provides application services that allow organizations to share customer information on demand. The Company provides a customer relationship management service to business of all sizes and industries worldwide.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of salesforce.com shares.Log in and add salesforce.com (CRM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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