What specific price level suggests buying CRM?
8/1/2025 11:30am
The specific price level that suggests buying Salesforce (CRM) is not a single value, but rather a range that investors should consider. Here are the key price points to watch:
1. **Support Level**: The support level for CRM is at $257.23. This is a key price point to watch if you're considering buying. If the stock price moves above this level and holds steady, it could be a sign of a potential reversal or a buying opportunity.
|code|Ticker|Name|Date|Support Level|market_code|
|---|---|---|---|---|---|
|CRM|CRM.N|Salesforce|20250731|257.2300|169|
2. **Moving Averages**: The 20-day exponential moving average (EMA) for CRM is $264.84, and the 50-day SMA is $269.36. These moving averages can act as support levels, and a price above these could indicate a bullish trend.
|code|Ticker|Name|Date|Support Level|Resistance Level|market_code|
|---|---|---|---|---|---|---|
|CRM|CRM.N|Salesforce|20250731|257.2300|276.8000|169|
|code|Ticker|Name|Date|Closing Price|market_code|
|---|---|---|---|---|---|
|CRM|CRM.N|Salesforce|20240731|258.8|169|
|CRM|CRM.N|Salesforce|20240801|253.06|169|
|CRM|CRM.N|Salesforce|20240802|243.97|169|
|CRM|CRM.N|Salesforce|20240805|239.01|169|
|CRM|CRM.N|Salesforce|20240806|238.42|169|
|CRM|CRM.N|Salesforce|20240807|240.04|169|
|CRM|CRM.N|Salesforce|20240808|249.12|169|
|CRM|CRM.N|Salesforce|20240809|252.53|169|
|CRM|CRM.N|Salesforce|20240812|251.31|169|
|CRM|CRM.N|Salesforce|20240813|254.6|169|
|code|Ticker|Name|Date|Moving Average|market_code|
|---|---|---|---|---|---|
|CRM|CRM.N|Salesforce|20250731|265.9780|169|
3. **Resistance Level**: The resistance level for CRM is at $276.8. This is a price level to watch if you're thinking about selling, but if the stock price breaks above this level and continues to rise, it could be a sign of strong buying pressure.
In summary, if you're considering buying CRM, watching for a price move above $257.23 (support level) or $264.84 (20-day EMA) could be key. However, it's important to consider other factors such as the company's fundamentals, technical indicators, and market sentiment before making a buying decision.