Second Opinion ® Weekly: SALESFORCE.

COM INC (CRM)

Report created after market close on 12/18/20

AVOID ®
Downgraded
From Neutral on 11/09/20
$260.15
Price At Downgrade
-12.6%
Change Since Downgrade
40 Days
At Current Rating
MarketEdge Second Opinion

Weekly Recommendation Annual Chart

Avoid the stock.

If you are Long; close position or monitor stock closely.
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Week's Activity (Close as of week ending 12/18/20)

Close 227.43 Change 5.01 Volume 113020

Open 223 High 227.82 Low 218.2

MarketEdge Indicators

Score 0 C-Rate -6.4 Power Rating -44

Weekly Comment

Until CRM can nd a price level that supports the stock, further price depreciation is probable. Momentum is negative. Wait for accumulation
indicators to turn positive as a sign that demand for the stock is improving.The stock has underperformed the market when compared to the S&P
500 over the last 50 trading days. CRM's chart formation indicates the stock is in a strong downward trend. Momentum, as measured by the 9-day
RSI, is negative. The stock is in a short-term overbought condition based on a Slow % K stochastic reading of 80 or higher. Over the last 50 trading
sessions, there has been more volume on down days than on up days, indicating that CRM is under distribution, which is a bearish condition. The
stock is trading below a falling 50-day moving average which con rms the weak technical condition of CRM. CRM could nd secondary support at
its rising 200-day moving average.
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Price Analysis Volume Analysis Technical Analysis

Yr. High/Yr. Low 284.50 115.29 Avg Volume(00) 141502 Alpha/Beta 0.1 1.05
MO Chg.(%) -14.1% MO Chg.(%) 164.6% B.Bands 19
Trend Line Resistance 0 U/D Ratio/Slope 0.8 Down MACD ST/LT Bullish Bearish
Trend Line Support 190.01 On Balance Volume Bearish 50-Day R.S. 0.8
Buy Stop 270.66 Positive OBV Bearish Wilder's RSI 49
Volatility(%) 2.7 Negative OBV Bullish Sto. Fast/Slow 96 92
Position 23 Money Flow (MF) 43 OBOS -2
ADXR 24 MF Slope Bullish RSV 45

Moving Average Price % Slope

10 Day 223.99 102 Up

21 Day 234.77 97 Down

50 Day 244.75 93 Down

200 Day 204.24 111 Up

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