TMCNet:  37.5% Return Seen to Date on SmarTrend salesforce.com Call (CRM)

[April 17, 2012]

37.5% Return Seen to Date on SmarTrend salesforce.com Call (CRM)

Apr 17, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for salesforce.com (NYSE:CRM) on January 19th, 2012 at $113.62. In approximately 3 months, salesforce.com has returned 37.46% as of today's recent price of $156.17.


In the past 52 weeks, shares of salesforce.com have traded between a low of $94.09 and a high of $161.89 and are now at $156.15, which is 66% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.7%.

Salesforce.com, Inc. provides application services that allow organizations to share customer information on demand. The Company provides a customer relationship management service to business of all sizes and industries worldwide.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of salesforce.com shares.Log in and add salesforce.com (CRM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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