Red ListRecovering

CRMSalesforce, Inc.

2.9σ
decline sigma — volatility-normalized move (typical daily 2.02%)
Current
$240.70
Decline depth
—
Decline σ
2.9σ
TFC
4/5 bearish

Where it stands

On the Red List.

Held on the Red List: it last met the Red List rules. Today it reads Amber List; a tier moves down only after five consecutive scans below its rules.

Snapshot . Price structure, not a judgment about the business.

A bullish structural signal is also active. The Recovering badge coexists with the decline tier; it does not establish a completed recovery.

What changed

Since the previous observation.

Tier and recovery signal are unchanged between these two observations.

Comparing with . This compares classification, not price returns.

See the recorded timeline →

Why it is flagged

CRM is held on the Red List.

Held on the Red List: it last met the Red List rules. Today it reads Amber List; a tier moves down only after five consecutive scans below its rules.

Inspect the three classification measures
Decline depth
—
Decline depth is unavailable in this snapshot. Other recorded rules determine the flag.
Time-frame continuity
4/5 bearish
Latest bar on five time frames, daily to yearly. Bearish = 2-Down or red 3. Past the 4/5 Amber threshold.
Decline sigma
2.9σ
Drop over the last 5 bars in units of daily volatility (2.02%/day).

Price history

The price path behind the snapshot.

Daily prices with the rolling-high reference. When a recorded classification event falls on a displayed trading date, it is marked on the chart.

Rolling 252-day high Gold dots: recorded classification events (see timeline) Up day Down day 90 daily bars from Alpaca · through

The recorded history

A timeline of observations.

First observed 2026-05-15. These are scan observations, not exact transition times or the start of a decline. Missing scan dates are not filled in.

  1. Red List → Red List; recovery signal active
  2. Red List; recovery signal active → Red List
  3. Amber List → Red List; recovery signal active
  4. Amber List; recovery signal active → Amber List
  5. Amber List → Amber List; recovery signal active
  6. Amber List; recovery signal active → Amber List
  7. Amber List → Amber List; recovery signal active
  8. Amber List; recovery signal active → Amber List
  9. Amber List → Amber List; recovery signal active
  10. Amber List; recovery signal active → Amber List
  11. Amber List → Amber List; recovery signal active
  12. Amber List; recovery signal active → Amber List

Showing the latest 12 of 31 recorded events.

Absence from a captured list does not establish recovery. Historical tiers reflect the rules and data recorded at that time.

Separate research · Phoenix

A dated recovery thesis.

CRM was included in the Phoenix research list published . That frozen research cohort and its scorecard are separate from this nightly classification.

Read the thesis and dated scorecard →
Technical interpretation and signal details

The structural read

What price action says about CRM.

CRM is held on the Red List. A tier moves down, or a name leaves the list, only after five consecutive scans below the tier's rules with a cushion of 3 points on depth and 1σ on sigma. Today's unbuffered reading: Amber.

Cross-confirmation: also showing 4/5 bearish time frames.

A confirmed bullish signal on one or more time frames earned the Recovering badge. The tier reflects the most severe price-structure rule; Recovering identifies a separate bullish signal. Not a buy signal.

Whether CRM's turn is investable is ConvictionEdge's question, not ours.

Upstream TFC read: moderate alignment, current phase weekly. Last bar types — daily 3 (red), weekly 2U (green), monthly 2D (green).

Questions about CRM

What people ask.

Why is CRM on Broken Stocks?

CRM is held on the Red List. Held on the Red List: it last met the Red List rules. Today it reads Amber List; a tier moves down only after five consecutive scans below its rules. It additionally carries a Recovering badge — see below.

What does the Recovering badge mean for CRM?

Recovering means our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames (moderate or strong time-frame continuity). It coexists with the decline tier — CRM is still Red List because a price-structure rule still triggers, but a bullish setup has formed inside that decline. The two readings answer different questions: the tier reflects the most severe triggered rule; the Recovering badge tells you whether momentum may be turning. It's not a buy recommendation.

Is CRM a falling knife?

CRM is on Broken Stocks for time-frame continuity or decline-sigma reasons rather than headline depth, so the falling-knife label doesn't cleanly apply. The phrase usually requires a meaningful percentage drop from a fresh high. See the structural break signals above for the axis that actually triggered the listing.

Is CRM a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is CRM trading inside its 52-week range?

At $240.70, CRM sits 75.6% of the way from its 52-week low ($155.15) to its 52-week high ($268.27). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.