ORACLE CORP (ORCL) Stock Technical Analysis
NYSE:ORCL - US68389X1054 - Common Stock
226.13 USD
-14.19 (-5.9%)
226.25 USD
+0.12 (+0.05%)
Overall ORCL gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month ORCL has a been trading in the 223.11 - 258.49 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that ORCL is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, ORCL also shows a nice and consistent pattern of rising prices.
ORCL is part of the Software industry. There are 282 other stocks in this industry. ORCL outperforms 84% of them.
ORCL 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 ORCL is lagging the market slightly.
ORCL has an average volume of 12196000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although ORCL has an excellent technical rating, it does not offer a high 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.
More info and screens
135.15
259.00
When analyzing the support we can see 2 important areas.
- A support zone ranging from 223.78 to 226.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @136.52 from a trend line in the weekly time frame.
We found 1 important resistance area.
- 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 | NEUTRAL | NEUTRAL | The short term trend for ORCL is neutral. |
| ChartMill Relative Strength | 91.74 | POSITIVE | ORCL has a high relative strength, it outperformed 91.74% 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) | UP | MIXED | The current price of ORCL is below 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) | 38.47 | NEUTRAL | The RSI value for ORCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.42 | NEGATIVE | The MACD value suggests ORCL has a negative trend. |
| Stochastics (14,3) | 24.98 | NEUTRAL | The Stochastics value for ORCL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for ORCL suggests some volalility. |
| Average Directional Index/ADX (14) | 23.14 | NEUTRAL | The ADX value for ORCL suggests a possible start of a new 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)
226.13
-14.19 (-5.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-5.9%
1 Week-4.33%
2 Weeks-8.92%
1 Month-7.48%
3 Month36.61%
6 Month36.17%
12 Month60.05%
2 Year87.83%
3 Year204.96%
5 Year295.19%
10 Year509.68%
15 Year935.39%
Volatility
ATR(14)8.03
ATR(20)%3.46%
ATR Inc67.34%
Range Today15.11
ADR(20)7.65
ADR(20)%3.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.74
Mansfield1.56
10 Day High249.25
10 Day Low223.11
20 Day High258.49
20 Day Low223.11
52 Week High260.87
52 Week Low118.86
CS1 End226.12
CR1 Start256.44
Volume & EV
DER(3)0.81%
DER(5)0.34%
Volume16.61M
Volume Incr-5.94%
Vol(5)9.81M
Vol(50)12.20M