ORACLE CORP.
ORACLE CORP.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ORCL
ISIN:

ORACLE CORP. - 1H - Technical analysis published on 05/27/2021 (GMT)

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  • Timeframe : 1H
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  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 78.56 USD
My targets
80.40 USD (+0.85%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ORACLE CORP. as long as the price remains well above 78.56 USD. The buyers' bullish objective is set at 80.40 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
9.1

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

ORACLE CORP. rating 79.72 USD. The price has increased by +0.58% since the last closing and was traded between 79.30 USD and 80.05 USD over the period. The price is currently at +0.53% from its lowest and -0.41% from its highest.

79.30
80.05
79.72

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ORACLE CORP.:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this ORACLE CORP. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 17 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 75.43 76.75 78.56 79.72 79.86 80.40
Change (%) -5.38% -3.73% -1.46% - +0.18% +0.85%
Change -4.29 -2.97 -1.16 - +0.14 +0.68
Level Minor Intermediate Intermediate - Intermediate Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard77.9378.2478.7579.0679.5779.8880.39
Camarilla79.0479.1179.1979.2679.3479.4179.49
Woodie78.0378.2978.8579.1179.6779.9380.49
Fibonacci78.2478.5578.7579.0679.3779.5779.88


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard75.4776.5177.7778.8180.0781.1182.37
Camarilla78.4078.6178.8279.0379.2479.4579.66
Woodie75.5876.5777.8878.8780.1881.1782.48
Fibonacci76.5177.3977.9378.8179.6980.2381.11


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard60.3065.1670.4875.3480.6685.5290.84
Camarilla72.9973.9274.8675.7976.7277.6678.59
Woodie60.5265.2870.7075.4680.8885.6491.06
Fibonacci65.1669.0571.4675.3479.2381.6485.52

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 60.56
MACD (12,26,9): 0.1400
Directional Movement: 17.67
AROON (14): 50.00
DEMA (21): 79.48
Parabolic SAR (0,02-0,02-0,2): 78.74
Elder Ray (13): 0.35
Super Trend (3,10): 78.84
Zig ZAG (10): 79.72
VORTEX (21): 1.0200
Stochastique (14,3,5): 75.54
TEMA (21): 79.42
Williams %R (14): -26.02
Chande Momentum Oscillator (20): 0.88
Repulse (5,40,3): 0.1700
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 0.65
MA7: 79.09
MA20: 78.70
MA50: 75.42
MA100: 69.59
MAexp7: 79.44
MAexp20: 79.32
MAexp50: 79.12
MAexp100: 78.75
Price / MA7: +0.80%
Price / MA20: +1.30%
Price / MA50: +5.70%
Price / MA100: +14.56%
Price / MAexp7: +0.35%
Price / MAexp20: +0.50%
Price / MAexp50: +0.76%
Price / MAexp100: +1.23%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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