Salesforce is an American cloud-based software provider that has its headquarters in San Francisco, California. The company has cloud-based applications that focus on e-commerce, analytics, customer relationships, and application developments.

As future earnings move into focus with the prospect of a coming US recession, how will Salesforce’s projections move the company’s share price? Will downbeat estimates emerge after earnings on Wednesday causing a drop in salesforce’s share prices?

Seasonally, salesforce has had a weak time over the last 10 years during the month of March. From March 1 to March 31 the shares price has fallen 80% of the time with an average fall of -3.63%

Are more falls ahead on Wednesday when earnings are announced after the close?

Major Trade Risks: The major trade risk here is that there are some positive earnings announcements and projections which lift Salesforce’s share price.

HYCM clients can access the Seasonax product in order to analyse over 25,000 currency pairs, indices, commodities, as well as individual stocks. Please contact your account manager for a free trial. Certain products & services mentioned herein may or may not be available to all clients depending on which HYCM Capital Markets Group entity their trading account(s) adheres to.


HYCM Lab is a financial analysis source that provides regular insights on how global news affects the markets including forex, commodities, stocks, indices, and cryptocurrencies*. Run by the HYCM team, it equips traders with everything needed to make informed trading decisions.