ORACLE CORP (ORCL) Technical Analysis
NYSE:ORCL • US68389X1054
Current stock price
ORCL Technical Rating and Analysis
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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, ORCL is a bad performer in the overall market: 76% of all stocks are doing better.
- ORCL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ORCL is lagging the market.
- ORCL is part of the Software industry. There are 277 other stocks in this industry. ORCL outperforms 70% of them.
- ORCL has an average volume of 28438200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ORCL has a been trading in the 138.59 - 171.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
ORCL Weekly and Daily overview Charts
ORCL Setup Rating and Analysis
ORCL has a poor technical rating and the quality of the setup is also not perfect 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
ORCL Support and Resistance Analysis
130.74
When analyzing the support we can see 3 important areas.
- Support @147.90 from a trend line in the daily time frame.
- A support zone ranging from 141.66 to 142.81. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @132.06 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @158.58 from a trend line in the daily time frame.
- A resistance zone ranging from 163.13 to 165.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
ORCL Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for ORCL is neutral. |
| ChartMill Relative Strength | 24.62 | NEGATIVE | ORCL has a low relative strength, it was outperformed by 75.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ORCL is above 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) | DOWN | NEGATIVE | The current price of ORCL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.3 | NEUTRAL | The RSI value for ORCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2 | POSITIVE | The MACD value suggests ORCL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.33 | NEUTRAL | The Stochastics value for ORCL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.08 | HIGH VOLATILITY | The high ATR as a percentage value for ORCL suggests high volalility. |
| Average Directional Index/ADX (14) | 18.78 | NEGATIVE | The low ADX value for ORCL suggests a weak or negative trend. |
ORCL Chart- and CandleStick Pattern Analysis
ORCL Technicals: Chart, Performance Metrics, Trend & Indicators
155.97
+0.86 (+0.55%)
ORACLE CORP / ORCL TA FAQ
What is the ChartMill technical rating of ORACLE CORP (ORCL) stock?
ChartMill assigns a technical rating of 0 / 10 to ORCL.
What is the current trend direction of ORACLE CORP (ORCL) stock?
The current trend direction for ORACLE CORP (ORCL) is Bearish.
What is the RSI signal for ORCL stock?
ORACLE CORP (ORCL) has an RSI value of 49.297. This indicates that the stock is currently neutral.
What is the MACD signal for ORACLE CORP (ORCL) stock?
The MACD indicator for ORACLE CORP (ORCL) has a value of 1.99615, indicating a bullish trend.
What is the support and resistance level for ORCL stock?
ORACLE CORP (ORCL) has a support level at 147.9 and a resistance level at 158.58. Check the full technical report for our detailed analysis of ORCL support and resistance levels.