USA - New York Stock Exchange - NYSE:ORCL - US68389X1054 - Common Stock
We assign a technical rating of 0 out of 10 to ORCL. ORCL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of ORCL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
130.74
We found 2 important support 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 | 19.75 | NEGATIVE | ORCL has a low relative strength, it was outperformed by 80.25% 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) | 31.23 | NEUTRAL | The RSI value for ORCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.48 | POSITIVE | The MACD value suggests ORCL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.51 | NEUTRAL | The Stochastics value for ORCL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.28 | HIGH VOLATILITY | The high ATR as a percentage value for ORCL suggests high volalility. |
| Average Directional Index/ADX (14) | 30.3 | POSITIVE | The high ADX value value for ORCL suggests a strong trend. |
189.97
-8.88 (-4.47%)
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 31.2289. This indicates that the stock is currently neutral.
The MACD indicator for ORACLE CORP (ORCL) has a value of 1.48116, indicating a bullish trend.
ORACLE CORP (ORCL) has a support level at 137.91. Check the full technical report for our detailed analysis of ORCL support and resistance levels.