Salesforce Stock Price Levels to Watch Ahead of Earnings Report [Video]

Salesforce (CRM) shares are in the spotlight this week as the cloud software company is scheduled to release its quarterly earnings report after the market closes on Tuesday.

Analysts expect the software maker to report a 7% jump in year-over-year (YOY) revenue during the quarter, boosted by growing demand for the company’s generative artificial intelligence (AI) product offerings.

In particular, investors will likely be seeking updates about demand for the company’s recently launched Agentforce platform, which enables customers to build and deploy AI agents that can autonomously make informed decisions and perform various business functions.

Salesforce shares were up slightly at around $332 in midday trading Monday. The stock has gained 26% since the start of the year, in line with the S&P 500’s increase over the period.

Below, we take a closer look at the technicals on the Salesforce weekly chartahead of the company’s quarterly report and identify important price levels worth …