ORC Technical Analysis - ORACLE CORP

Technical Rating and Analysis

Overall ORC gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ORC is showing a nice and steady performance.

Warning: ORC has an average volume of 8456 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

Both the short term and long term trends are positive. This is a very positive sign.

When comparing the yearly performance of all stocks, we notice that ORC is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, ORC also shows a nice and consistent pattern of rising prices.

ORC is one of the better performing stocks in the Software industry, it outperforms 93% of 107 stocks in the same industry.

ORC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ORC is lagging the market slightly.

In the last month ORC has a been trading in the 188.18 - 294.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

ORC has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

192.75

262.71

When analyzing the support we can see 3 important areas.

Support @207.26 from a trend line in the weekly time frame.
Support @202.80 from a trend line in the daily time frame.
A support zone ranging from 194.70 to 195.64. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 259.74 to 260.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	UP	POSITIVE	The long term trend for ORC.DE is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for ORC.DE is up.
ChartMill Relative Strength	95.61	POSITIVE	ORC.DE has a high relative strength, it outperformed 95.61% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of ORC.DE is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ORC.DE is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of ORC.DE is above the rising SMA(200).
Relative Strength Index/RSI (14)	60.45	NEUTRAL	The RSI value for ORC.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	2.53	POSITIVE	The MACD value suggests ORC.DE has a positive trend, although the MACD value is declining.
Stochastics (14,3)	72.73	NEUTRAL	The Stochastics value for ORC.DE is a neutral value.
Average True Range in percent/ATR (20)	5.73	HIGH VOLATILITY	The high ATR as a percentage value for ORC.DE suggests high volalility.
Average Directional Index/ADX (14)	36.74	POSITIVE	The high ADX value value for ORC.DE suggests a strong trend.