[May 24, 2013] Shares of salesforce.com Are Down on Strong Volume (CRM) Tweet May 24, 2013 (SmarTrend(R) News Watch via COMTEX) -- Shares of salesforce.com are trading down 7.6% to $42.22 today on above average volume. About 7.7 million shares have been traded today, as compared to the 30-day average volume of 4.1 million shares. Unusually high volume can signify a potential turning point or validate a breakout. SmarTrend is monitoring the recent change of momentum in salesforce.com. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of salesforce.com in search of a potential trend change. Over the past year, salesforce.com has traded in a range of $30.05 to $47.58 and is now at $42.31, 41% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.7%. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]