ORACLE CORP (ORCL) Technical Analysis
NYSE:ORCL • US68389X1054
Current stock price
163.83 USD
-2.13 (-1.28%)
At close:
164.5 USD
+0.67 (+0.41%)
After Hours:
ORCL Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to ORCL. In the past year, ORCL was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- 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.
- ORCL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- ORCL is part of the Software industry. There are 272 other stocks in this industry. ORCL outperforms 77% of them.
- ORCL has an average volume of 28960700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, ORCL turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- In the last month ORCL has a been trading in the 134.57 - 189.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ORCL Weekly and Daily overview Charts
ORCL Setup Rating and Analysis
ORCL has an average technical rating and it also 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
ORCL Support and Resistance Analysis
130.74
189.39
We found 3 important support areas.
- A support zone ranging from 162.02 to 163.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 136.48 to 138.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @132.06 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 175.07 to 175.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @182.68 from a trend line in the daily time frame.
- Resistance @187.51 from a horizontal line 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 | 49.42 | NEUTRAL | ORCL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ORCL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ORCL is above the rising 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) | 50.67 | NEUTRAL | The RSI value for ORCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ORCL has a negative trend. |
| Stochastics (14,3) | 60.45 | NEUTRAL | The Stochastics value for ORCL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.33 | HIGH VOLATILITY | The high ATR as a percentage value for ORCL suggests high volalility. |
| Average Directional Index/ADX (14) | 23.12 | NEUTRAL | The ADX value for ORCL suggests a possible start of a new trend. |
ORCL Chart- and CandleStick Pattern Analysis
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)
ORCL Technicals: Chart, Performance Metrics, Trend & Indicators
163.83
-2.13 (-1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.28%
1 Week-12.62%
2 Weeks-3.52%
1 Month11.37%
3 Month-0.46%
6 Month-37.61%
12 Month8.69%
2 Year44.03%
3 Year72.96%
5 Year116.16%
10 Year311.01%
15 Year355.59%
Volatility
ATR(14)9.8
ATR(20)%5.33%
ATR Inc-17.21%
Range Today4.11
ADR(20)7.27
ADR(20)%4.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.42
3 months CRS49.82
6 months CRS12.83
Mansfield-2.69
10 Day High189.18
10 Day Low160.65
20 Day High189.18
20 Day Low134.57
52 Week High345.72
52 Week Low134.57
CS1 End163.82
CR1 Start175.07
Volume & EV
DER(3)0.04%
DER(5)-1.08%
Volume20.36M
Volume Incr-0.22%
Vol(5)29.16M
Vol(50)28.96M
ORACLE CORP / ORCL TA FAQ
What is the ChartMill technical rating of ORACLE CORP (ORCL) stock?
ChartMill assigns a technical rating of 4 / 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 ORACLE CORP (ORCL) stock?
ORACLE CORP (ORCL) has an RSI value of 50.6663. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ORACLE CORP?
ORACLE CORP (ORCL) has a support level at 163.82 and a resistance level at 175.07. Check the full technical report for our detailed analysis of ORCL support and resistance levels.