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Salesforce.Com Bullish Moving Average Crossover Alert (CRM)

By Shiri Gupta

Today, shares of Salesforce.Com (NYSE:CRM) have advanced above their 10-day MA of $89.80 on a volume of 407K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Salesforce.Com has traded in a range of $66.43 to $91.99 and is now at $89.99, 35% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.3%.

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