USA - New York Stock Exchange - NYSE:ORCL - US68389X1054 - Common Stock
Overall ORCL gets a technical rating of 0 out of 10. 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
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 | 18.85 | NEGATIVE | ORCL has a low relative strength, it was outperformed by 81.15% 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) | 32.53 | NEUTRAL | The RSI value for ORCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests ORCL has a negative trend. |
| Stochastics (14,3) | 11.82 | OVERSOLD | The low Stochastics value suggests ORCL may be oversold. |
| Average True Range in percent/ATR (20) | 6.06 | HIGH VOLATILITY | The high ATR as a percentage value for ORCL suggests high volalility. |
| Average Directional Index/ADX (14) | 31.26 | POSITIVE | The high ADX value value for ORCL suggests a strong trend. |
188.65
+3.73 (+2.02%)
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 32.5345. This indicates that the stock is currently neutral.
The MACD indicator for ORACLE CORP (ORCL) has a value of -0.213299, indicating a bearish trend.
ORACLE CORP (ORCL) has a support level at 188.64 and a resistance level at 213.54. Check the full technical report for our detailed analysis of ORCL support and resistance levels.