The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 5/15/2026 -
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Salesforce.com (CRM) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend support line - Downtrend exhaustionWilliams' Percentage Range is oversoldBroken trend support line
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARWilliams' Percentage Range and Lane's Stochastic are oversold
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It was the negative week for the Salesforce.com (CRM). During the week, the CRM dropped -8.31 points, or -4.57%, and closed at 173.51 on Friday, May 15, 2026. Weekly volume was 15% above average.

CRM is a member of Information Technology Sector. Information Technology is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See CRM long-term trend chart]
A long-term uptrend had started on January 26, 2023 at 158.10 and reached 369.00 on December 4, 2024. CRM gained -210.90 points, or -133.40%, in 96 weeks. The chart has formed a Falling Wedge chart pattern. The uptrend support line (216.30) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. CRM may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.

Medium-term trend: [See CRM medium-term trend chart]
A medium-term downtrend had started on December 4, 2024 at 369.00 and reached 163.52 on April 10, 2026. CRM lost 205.48 points, or 55.69%, in 70 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend support line (216.30) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.

Weekly Technical Indicators: [See CRM weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is below its signal line since January 23, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See CRM short-term trend chart]
A short-term downtrend had started on April 21, 2026 at 193.56 and reached 164.33 on May 14, 2026. CRM lost 29.23 points, or 15.10%, in 23 days. The price is now at the 31.41% retracement level.

Daily Technical Indicators: [See CRM daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 43.99
Williams' Percentage Range (W%R) 83.20
Oversold
Lane's Stochastic (%D-Slow) 16.86
Oversold
Greed/Fear Indicator (GFI) 25.90
Moving Average Converg./Diverg. (MACD) -2.09
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 42.46
Williams' Percentage Range (W%R) 94.60
Strong Oversold
Lane's Stochastic (%D-Slow) 38.03
Greed/Fear Indicator (GFI) 30.34
Moving Average Converg./Diverg. (MACD) -17.34 Bullish
Trading Signals
Description Value Chart
Upper Bollinger Band 191.30
Parabolic System 186.54
50 Day Moving Average 183.82
20 Day Moving Average 179.76
Weekly Stochastic Crossing 177.12
Price 173.51
Daily Stochastic Crossing 167.87
Lower Bollinger Band 164.98
Sector and Industry
Description Name Rank
Sector Information Technology 8
Industry Application Software 73
Daily Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
High 190.31
High Date 05/04/2026
Low 164.33
Low Date 05/14/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 193.56
High Date 04/21/2026
Low 164.33
Low Date 05/14/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 269.11
High Date 12/29/2025
Low 163.52
Low Date 04/10/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Support
Resistance 246.81
Support 216.30
High 369.00
High Date 12/04/2024
Low 163.52
Low Date 04/10/2026
Description Value
Direction Up
Chart Pattern Falling Wedge
Status Broken Support
Resistance 246.81
Support 216.30
Low 158.10
Low Date 01/26/2023
High 369.00
High Date 12/04/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.