CRM Crosses Below Key Moving Average Level

In trading on Thursday, shares of Salesforce Inc (Symbol: CRM) crossed below their 200 day moving average of $254.65, changing hands as low as $215.40 per share. Salesforce Inc shares are currently trading down about 19.4% on the day. The chart below shows the one year performance of CRM shares, versus its 200 day moving average:

Looking at the chart above, CRM’s low point in its 52 week range is $193.68 per share, with $318.715 as the 52 week high point — that compares with a last trade of $216.26. The CRM DMA information above was sourced from TechnicalAnalysisChannel.com