Salesforce (CRM) Stock Analysis: Falls 3.94%, Testing Support Level

As shown in the chart, the price has slipped through the lower Bollinger band. Bollinger bands draw a channel two standard deviations around the 20-day average. The lower band is at $216.44, and the %B reading of -7% means the close landed outside it. Band width of 16.7% is described as normal, so this is a drift down, not a volatility blowout.

Oscillators & Momentum

Momentum measures speed, not direction, and here it says sellers are in control but possibly stretched. The Relative Strength Index (RSI), which scores recent gains against losses on a 0–100 scale, reads 33.8. That is neutral, not oversold. The Stochastic oscillator is more extreme: %K at 6.4 and %D at 20.0 are both in oversold territory. The Stochastic compares the close with its recent high-low range, so a reading that low says the shares closed near the bottom of their recent range. The two gauges disagree. The RSI shows selling pressure without exhaustion, while the Stochastic shows a stock pressed to its floor. The MACD, which tracks the gap between short- and long-term averages, adds to the bearish side: it stands at -3.756 against a signal line of -0.765, leaving a histogram of -2.991. Negative momentum is still widening.

Volatility & Volume

The 14-day Average True Range (ATR), a measure of typical daily swings, is $9.50, or 4.4% of the price. That is high. Daily moves of that size explain how a single session can erase nearly 4%. Participation is unremarkable. Friday's volume of 6,710,100 shares was 0.9 times the 20-day average of 7,376,680. On-balance volume (OBV), which adds volume on up days and subtracts it on down days, is falling. The drop therefore came without a rush of selling, but the OBV trend confirms that volume has favoured sellers.

Fundamental Context

The weak chart sits against solid company numbers. According to its SEC filing (Form 10-Q, filed August 27, 2026), Salesforce reported quarterly revenue of $11.35 billion for the quarter ended July 31, up 10.8% from $10.24 billion a year earlier. Net income was $3.53 billion, compared with $1.89 billion a year earlier, and diluted earnings per share were $4.29. The price move reflects market sentiment, not a deterioration visible in that filing.

Key Levels & Scenarios

The nearest floor is the 20-day support at $213.65, where the stock closed. A decisive break below it would open the way toward the ATR-based level of $199.40, which is the price minus 1.5 times the ATR, and then the 3-month low of $189.91. If the shares hold and rebound, the first hurdle is the lower Bollinger band at $216.44, followed by the 20-day average at $236.15. The 20-day resistance sits at $250.29.

Technical Verdict: HOLD

The code-computed bias is neutral: none of the seven bullish signals is active and one of seven bearish signals is (falling OBV confirming the downtrend). The verdict is HOLD (wait & see). - Trend: price is below the 20-day and 50-day averages, and the 20-day slope is -0.52% over five days. - Momentum split: RSI at 33.8 is neutral, while Stochastic at 6.4 is oversold and MACD remains negative at -2.991 on the histogram. - Volume: OBV is falling, but volume was only 0.9 times normal. Reference levels, drawn only from the data: - Ideal entry range: $199.40 to $213.65, between the ATR-based level and the 20-day support, if the stock stabilises there. - Exit target: $236.15 (20-day average and Bollinger midline), with $250.29 (20-day resistance) as the extended target. - Stop loss: below $189.91, the 3-month low. The verdict is invalidated if price closes below $189.91, which would break the 3-month range, or if it rises above $250.29, which would reverse the short-term downtrend. In plain terms, the chart shows a stock that has fallen hard but has not yet shown a clear sign of turning, so the data favours waiting.

Summary Data CRM

Last price	213.65 USD
Change 1 day / 5 days / 1 month	-3.94% / -6.77% / -6.76%
Trend / MA-cross	downtrend / none
SMA20 / SMA50	236.15 / 239.50
RSI (14) / Stochastic %K	33.8 / 6.4
Bollinger %B / ATR	-7% / 9.50
Support / Resistance 20 days	213.65 / 250.29
Data as of	7 November 2026 04:00 WIB

Disclaimer: This technical analysis is generated automatically from exchange data and indicators calculated by JournalArta, for information and education only. The verdict and the entry, target and stop-loss levels are not investment advice or a solicitation to buy or sell any security. Investment decisions and their risks rest solely with the reader.

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