A look at Salesforce.com Inc.

by DAN Salesforce.com Inc. ($CRM) averages are at $62.32 (21 day SMA), $58.94 (50 day SMA), $50.15 (200 day SMA). Over the past 52 weeks CRM has traded from a low of $36.09 to a high of $67.00. CRM was last at $62.80 on a volume of 5,353,520. Average daily volume has been at 5,159,151.

52 Week Range $36.09-$67.00 Market Cap 37,871,415,000 Average Volume 5,159,151 Dividend Yield 0.00% Institutional Ownership 98.50% Insider Ownership: 10.90% Percentage of Float Short 8.50% Beta 1.16

Salesforce (CRM) recently announced earnings that disappointed the Street. T he stock sold off and ultimately tested the 50-day moving average. Technical traders who focus more on the chart than the fundamentals should keep an eye on the 50-day moving average. So far, the stock remains in an uptrend and is current range bound between $60-$67.

So long as the stock remains above the 50-day moving average, the trend remains intact. A break of this key moving average will put the uptrend in quesiton.

Salesforce.com, Inc., provides enterprise cloud computing solutions, offering social and mobile cloud apps and platform services, as well as professional services to facilitate the adoption of its solutions.

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