Salesforce.com Inc (CRM)
Salesforce.com, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides customer relationship management (CRM) service and also provides a complementary suite of enterprise applications focused on customer service, marketing automation, analytics, and application development.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 34.42% per annum.
- CRM price at the close of July 10, 2025 was $263.97 and was lower than the bottom border of the primary price channel by $31.41 (10.63%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 39.16% per annum.
- CRM price at the close of July 10, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of CRM price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: May 5, 2022
End date: March 3, 2025
a = 4.4373
b = 0.0008
s = 0.1132
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 34.42%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1132) – 1
= 57.25%
May 5, 2022 calculations
Top border of price channel:
Exp(Y458)
= Exp(a + b × X458 + 2 × s)
= Exp(a + b × 661 + 2 × s)
= Exp(4.4373 + 0.0008 × 661 + 2 × 0.1132)
= Exp(5.1993)
= $181.14
Bottom border of price channel:
Exp(Y458)
= Exp(a + b × X458 – 2 × s)
= Exp(a + b × 661 – 2 × s)
= Exp(4.4373 + 0.0008 × 661 – 2 × 0.1132)
= Exp(4.7466)
= $115.19
March 3, 2025 calculations
Top border of price channel:
Exp(Y1,165)
= Exp(a + b × X1,165 + 2 × s)
= Exp(a + b × 1,694 + 2 × s)
= Exp(4.4373 + 0.0008 × 1,694 + 2 × 0.1132)
= Exp(6.0364)
= $418.38
Bottom border of price channel:
Exp(Y1,165)
= Exp(a + b × X1,165 – 2 × s)
= Exp(a + b × 1,694 – 2 × s)
= Exp(4.4373 + 0.0008 × 1,694 – 2 × 0.1132)
= Exp(5.5837)
= $266.06
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 34.42% per annum.
- CRM price at the close of July 10, 2025 was $263.97 and was lower than the bottom border of the primary price channel by $31.41 (10.63%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: November 11, 2024
End date: July 10, 2025
a = 8.0106
b = -0.0014
s = 0.0618
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0014) – 1
= -39.16%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0618) – 1
= 28.02%
November 11, 2024 calculations
Top border of price channel:
Exp(Y1,091)
= Exp(a + b × X1,091 + 2 × s)
= Exp(a + b × 1,582 + 2 × s)
= Exp(8.0106 + -0.0014 × 1,582 + 2 × 0.0618)
= Exp(5.9801)
= $395.46
Bottom border of price channel:
Exp(Y1,091)
= Exp(a + b × X1,091 – 2 × s)
= Exp(a + b × 1,582 – 2 × s)
= Exp(8.0106 + -0.0014 × 1,582 – 2 × 0.0618)
= Exp(5.7330)
= $308.90
July 10, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(8.0106 + -0.0014 × 1,823 + 2 × 0.0618)
= Exp(5.6519)
= $284.83
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(8.0106 + -0.0014 × 1,823 – 2 × 0.0618)
= Exp(5.4049)
= $222.49
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 39.16% per annum.
- CRM price at the close of July 10, 2025 was inside the secondary price channel.