Salesforce Slide?

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On Wednesday, after the close, Salesforce will release its earnings.

The seasonal pattern for Salesforce favours selling or the month of March. Over the last 19 years, salesforce has fallen around 65% of the time between March 01 and March 27. There have been some years with outsized gains too, most notably in 2009 and 2023 where the share price gained over 35% and 14% respectively.

Will Salesforce share slide after the close on Wednesday and point to a lower open or will the recent AI hype help Salesforce buck its seasonal weak trend? The major trade risk here is that the strong seasonals don’t necessarily repeat themselves again this year.

Video Length: 00:01:28

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Disclaimer: Past results and past seasonal patterns are no indication of future performance, in particular, future market trends. seasonax GmbH neither recommends nor approves of any particular ...

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