USA - NYSE:ORCL - US68389X1054 - Common Stock
Overall ORCL gets a technical rating of 1 out of 10. ORCL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
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
4 important support areas can be observed.
We found 1 important resistance 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 | NEUTRAL | NEUTRAL | The long term trend for ORCL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ORCL is down. |
| ChartMill Relative Strength | 71.72 | POSITIVE | ORCL has a high relative strength, it outperformed 71.72% 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 | POSITIVE | The current price of ORCL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.88 | NEUTRAL | The RSI value for ORCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.2 | NEGATIVE | The MACD value suggests ORCL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.71 | OVERSOLD | The low Stochastics value suggests ORCL may be oversold. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for ORCL suggests some volalility. |
| Average Directional Index/ADX (14) | 31.87 | POSITIVE | The high ADX value value for ORCL suggests a strong trend. |
225.53
+5.04 (+2.29%)
ChartMill assigns a technical rating of 1 / 10 to ORCL.
The current trend direction for ORACLE CORP (ORCL) is Bearish.
ORACLE CORP (ORCL) has an RSI value of 33.8823. This indicates that the stock is currently neutral.
The MACD indicator for ORACLE CORP (ORCL) has a value of -2.20197, indicating a bearish trend.
ORACLE CORP (ORCL) has a support level at 222.84 and a resistance level at 226.01. Check the full technical report for our detailed analysis of ORCL support and resistance levels.