USA - New York Stock Exchange - NYSE:ORCL - US68389X1054 - Common Stock
We assign a technical rating of 0 out of 10 to ORCL. ORCL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ORCL is bad and it also does not present a quality setup 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.
130.74
We found 3 important support areas.
We can see 2 important resistance areas.
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 | DOWN | NEGATIVE | The long term trend for ORCL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ORCL is down. |
| ChartMill Relative Strength | 23.77 | NEGATIVE | ORCL has a low relative strength, it was outperformed by 76.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ORCL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ORCL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ORCL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.73 | NEUTRAL | The RSI value for ORCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3 | POSITIVE | The MACD value suggests ORCL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.6 | NEUTRAL | The Stochastics value for ORCL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.97 | HIGH VOLATILITY | The high ATR as a percentage value for ORCL suggests high volalility. |
| Average Directional Index/ADX (14) | 29.96 | POSITIVE | The high ADX value value for ORCL suggests a strong trend. |
198.85
-24.16 (-10.83%)
ChartMill assigns a technical rating of 0 / 10 to ORCL.
The current trend direction for ORACLE CORP (ORCL) is Bearish.
ORACLE CORP (ORCL) has an RSI value of 34.7331. This indicates that the stock is currently neutral.
The MACD indicator for ORACLE CORP (ORCL) has a value of 3.00476, indicating a bullish trend.
ORACLE CORP (ORCL) has a support level at 198.75 and a resistance level at 200.56. Check the full technical report for our detailed analysis of ORCL support and resistance levels.