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Bullish Moving Average Cross by salesforce.com (CRM)

By Shiri Gupta

salesforce.com (NYSE:CRM) crossed over its 10-day moving average of $81.89 on a volume of 471K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

salesforce.com share prices have moved between a 52-week high of $84.48 and a 52-week low of $52.60 and are now trading 57% above that low price at $82.65 per share. The 200-day and 50-day moving averages have moved 0.06% higher and 1.33% higher over the past week, respectively.

SmarTrend is tracking the current trend status for salesforce.com and will alert subscribers who have CRM in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses salesforce.com

Ticker(s): CRM