Salesforce: fresh Buy signal after the Sell run
Salesforce stock jumps 12.4% as a fresh Buy signal returns after the Sell
Salesforce: fresh Buy signal after the Sell run
Our view last week
Salesforce shares slipped again this week, down 4.2%, after last week's bounce: the stock stays boxed between the 165 resistance area and the 162.5 support area, with the weekly ADX still falling and price action flagging an indecisive phase — buyer dominance fading, sellers narrowly ahead on the last bar. The Sell signal, now in its sixth week of management, has the short down 7.8%, still an improvement from last week's 12.5% loss.
This week's summary
Salesforce stock turns a corner: after 6 weeks under a Sell signal, this week a fresh Buy signal fires, built on a 12.4% jump and a daily candle that engulfs the prior one. The weekly technical analysis shows the price still far from its all-time highs, with wide room to run. Signal strength is high, 72 out of 100, but the move is wide and volatile — one to manage with discipline.
IQS Phase
55
ordinary
Signal Strength
72
high · wide & volatile
Sizing
FULL
Ranking
#4 / 16
New us stocks
Trade P&L %
+0.00%
from signal to date, no stop loss
Rank position
ranks 4th among the 16 fresh Longs for US stocks in our ranking, with a signal strength of 72 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly -0.30% · monthly -5.53%
CRM belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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