ORACLE CORP (ORCL) Stock Technical Analysis
NYSE:ORCL - New York Stock Exchange, Inc. - US68389X1054 - Common Stock - Currency: USD
Overall ORCL 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, ORCL is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ORCL is one of the better performing stocks in the market, outperforming 94% of all stocks.
ORCL is part of the Software industry. There are 283 other stocks in this industry. ORCL outperforms 87% of them.
ORCL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
ORCL has an average volume of 14354400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ORCL has a been trading in the 235.41 - 260.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ORCL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 244.17, a Stop Loss order could be placed below this zone.
More info and screens
134.38
259.00
We found 2 important support areas.
- A support zone ranging from 244.17 to 244.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @135.74 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 248.35 to 251.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @256.44 from a horizontal line in the daily time frame.
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 ORCL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ORCL is up. |
| ChartMill Relative Strength | 94.18 | POSITIVE | ORCL has a high relative strength, it outperformed 94.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ORCL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ORCL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ORCL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.55 | NEUTRAL | The RSI value for ORCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.02 | NEGATIVE | The MACD value suggests ORCL has a negative trend. |
| Stochastics (14,3) | 47.59 | NEUTRAL | The Stochastics value for ORCL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for ORCL suggests some volalility. |
| Average Directional Index/ADX (14) | 41.02 | POSITIVE | The high ADX value value for ORCL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
244.18
-9.68 (-3.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.81%
1 Week-4.78%
2 Weeks-2.56%
1 Month1.19%
3 Month52.15%
6 Month40.2%
12 Month77.62%
2 Year102.82%
3 Year229.31%
5 Year326.74%
10 Year558.35%
15 Year1018.04%
Volatility
ATR(14)7.74
ATR(20)%2.95%
ATR Inc60.3%
Range Today15.04
ADR(20)6.59
ADR(20)%2.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.18
Mansfield2.67
10 Day High260.87
10 Day Low242
20 Day High260.87
20 Day Low235.41
52 Week High260.87
52 Week Low118.86
CS1 End244.17
CR1 Start248.35
Volume & EV
DER(3)1.86%
DER(5)1.96%
Volume14.18M
Volume Incr2.93%
Vol(5)10.64M
Vol(50)14.35M