Salesforce's most recent trend suggests a bearish bias. One trading opportunity on Salesforce is a Bear Call Spread using a strike $270.00 short call and a strike $275.00 long call offers a potential 31.93% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $270.00 by expiration. The full premium credit of $1.21 would be kept by the premium seller. The risk of $3.79 would be incurred if the stock rose above the $275.00 long call strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Salesforce is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Salesforce is bearish.
The RSI indicator is at 29.85 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Salesforce
Top Research Reports for Netflix, salesforce & Novo Nordisk
Wed, 08 Dec 2021 19:31:07 +0000
Today's Research Daily features new research reports on 16 major stocks, including Netflix, Inc. (NFLX), salesforce.com, inc. (CRM), and Novo Nordisk (NVO).
Salesforce and Vox Media Partner for Exclusive Streaming of Award-Winning Pivot on Salesforce+
Wed, 08 Dec 2021 14:00:00 +0000
Salesforce (NYSE: CRM) and Vox Media today announced a new partnership to bring video of the award-winning tech and business podcast Pivot to Salesforce+, a new streaming service that offers live experiences and on-demand original content for companies, industries, and the people who power them.
Why Sea Limited, CrowdStrike, Pinterest, and Salesforce Stocks Jumped Today
Tue, 07 Dec 2021 19:41:09 +0000
Amid an upbeat day for the overall market on Tuesday, many growth stocks are seeing outsize gains. News last week that the Federal Reserve may begin raising interest rates and tapering its asset purchase program earlier than expected, as well as reports of a new coronavirus variant, spooked investors.
Ford partners with Salesforce to expand software business
Tue, 07 Dec 2021 15:16:36 +0000
Ford Motor Co said Tuesday it plans to launch a new subscription software service aimed at small businesses, in collaboration with enterprise software company Salesforce.com Inc. The software service, called VIIZR, will be offered starting next year by the automaker's Ford Pro commercial vehicle and services unit. Based on Salesforce technology, the system will digitize paperwork for contractors, repair technicians and other trades people, and start at $39 per month per user, Ford said.
MuleSoft Unveils New Universal API Management Capabilities to Manage and Secure Any API, Anywhere – Creating Seamless Experiences, Faster
Tue, 07 Dec 2021 13:00:00 +0000
MuleSoft, provider of the world's #1 integration and API platform, today announced new universal API management capabilities that enable IT teams to securely create, manage, and govern any API across any environment and technology.
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