Salesforce.com Makes Notable Cross Below Critical Moving Average

In trading on Tuesday, shares of Salesforce.com Inc ( CRM) crossed below their 200 day moving average of $55.64, changing hands as low as $54.07 per share. Salesforce.com Inc shares are currently trading down about 4.5% on the day. The chart below shows the one year performance of CRM shares, versus its 200 day moving average:

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Salesforce.com Inc 200 Day Moving Average Chart

Looking at the chart above, CRM's low point in its 52 week range is $37.94 per share, with $67.00 as the 52 week high point — that compares with a last trade of $54.76.

According to the ETF Finder at ETF Channel, CRM makes up 4.43% of the First Trust Dow Jones Internet Index Fund ETF ( FDN) which is trading lower by about 2.9% on the day Tuesday.

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