June 13, 2025 a 10:15 am
CRM: Fibonacci Analysis - Salesforce, Inc.
The Salesforce, Inc. stock (CRM) has exhibited recent fluctuations, demonstrating a dominant downtrend over the last few months. As a leading provider of customer relationship management technology, the company has been influential in its field. Despite recent decreases, investors remain hopeful about Salesforce's long-term potential, given its robust product offerings and strategic positioning in the tech ecosystem.
Fibonacci Analysis
| Analysis Element | Details |
|---|---|
| Trend Type | Downtrend |
| Start Date | 2024-12-06 |
| End Date | 2025-06-12 |
| High Price | $361.99 on 2024-12-06 |
| Low Price | $236.26 on 2025-04-21 |
Fibonacci Retracement Levels
| Level | Price |
|---|---|
| 0.236 | $266.18 |
| 0.382 | $289.95 |
| 0.5 | $299.13 |
| 0.618 | $308.31 |
| 0.786 | $323.56 |
The current price is $266.91, which is around the 0.236 Fibonacci level. This suggests potential support at this level. A breakthrough below this point may indicate further downside, while a bounce upwards might signal a recovery.
Conclusion
Salesforce, Inc. is currently navigating a period of correction, indicated by the downward trend observed since late 2024. The stock is testing the 0.236 Fibonacci level, suggesting a critical juncture. The potential for a rebound exists if this level acts as a support; however, further decline could ensue if breached. While Salesforce's long-term growth prospects remain solid due to its diversifying offerings, short-term risks are evident amidst broader market conditions. Investors should closely monitor price actions around these Fibonacci levels for potential trading opportunities.