Score 8.6 (out of 10): SALESFORCE.COM INC poised to seasonally rally by +16% during the next 90 days.

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What’s Going On Here?

Ford has announced a new partnership with SALESFORCE. The new software-as-a-service (SAAS) tool called VIIZR is a custom solution to help tradespeople schedule field appointments, send invoices and manage customer relationships from one integrated, cloud-based platform.

Why Now?

SALESFORCE.COM INC indicates an interesting 90 days seasonal set up. During similar occasions, SALESFORCE.COM INC shares had a median return of +16% – based on 10 historical occasions with 8 of those showing positive returns (80%). This buy signal for SALESFORCE.COM INC received a high score of 8.6 (out of 10). This insight was generated with last price of 264.32.

What’s This Company About?

SALESFORCE.COM INC is in the Enterprise Software/Serv business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. ‘Wall Street’ analysts think the stock price will be worth 26% more (average). Ticker symbol: CRM US.

What’s My Risk / Reward and Time Horizon?

We found 90 days to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 306.63 (+16%) has been reached. Based on SALESFORCE.COM INC’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 244.42 (last price at 264.32), which is equivalent to a -7.5% decline.

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ shown under (2), etc. 

Previous episodes:

-3.3% (December-2021), 8.2% (December-2020), 15.7% (December-2019), 19.8% (December-2018), 16.3% (December-2017), -9.1% (December-2016), 15.7% (December-2015), 17.5% (December-2014), 18.2% (December-2013), 17.3% (December-2012)

Historical Chart:

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Summary:

NameSALESFORCE.COM INC
ViewUp
Star (1 to 10)8.6
Target+16%
Time90 days
Hit Rate80%

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