ORACLE CORP.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ORCL
ISIN:

ORACLE CORP. - Daily - Technical analysis published on 06/17/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bullish

Technical indicators

67%

33%

My opinion

Bearish under 80.40 USD

My targets

74.50 USD (-3.30%)

65.30 USD (-15.24%)

My analysis

The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for ORACLE CORP. as long as the price remains well below 80.40 USD. The next bearish objective for sellers is set at 74.50 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 65.30 USD. In case of crossing, the next objective would be the support located at 60.15 USD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 74.50 USD. With this support, against the trend traders who want to buy ORACLE CORP. on a buy signal from their trading strategy should not hesitate to act.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

2.5

Comment on the analysis

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:

Additional analysis

Quotes

The ORACLE CORP. rating is 77.04 USD. On the day, this instrument lost -0.05% and was between 76.56 USD and 77.68 USD. This implies that the price is at +0.63% from its lowest and at -0.82% from its highest.

76.56

77.68

77.04

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this ORACLE CORP. chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

In fact, 12 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily

SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Horizontal support is broken

Type : Bearish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Downside gap

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	60.15	65.30	74.50	77.04	80.40	84.61
Change (%)	-21.92%	-15.24%	-3.30%	-	+4.36%	+9.83%
Change	-16.89	-11.74	-2.54	-	+3.36	+7.57
Level	Major	Intermediate	Minor	-	Major	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	73.15	74.53	75.80	77.18	78.45	79.83	81.10
Camarilla	76.35	76.59	76.84	77.08	77.32	77.57	77.81
Woodie	73.11	74.50	75.76	77.15	78.41	79.80	81.06
Fibonacci	74.53	75.54	76.16	77.18	78.19	78.81	79.83

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	78.08	79.89	81.40	83.21	84.72	86.53	88.04
Camarilla	81.99	82.29	82.60	82.90	83.20	83.51	83.81
Woodie	77.92	79.82	81.24	83.14	84.56	86.46	87.88
Fibonacci	79.89	81.16	81.95	83.21	84.48	85.27	86.53

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	71.67	73.87	76.31	78.51	80.95	83.15	85.59
Camarilla	77.46	77.89	78.32	78.74	79.17	79.59	80.02
Woodie	71.78	73.93	76.42	78.57	81.06	83.21	85.70
Fibonacci	73.87	75.65	76.74	78.51	80.29	81.38	83.15

Numerical data

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

Technical indicators

Moving averages

RSI (14):	38.46
MACD (12,26,9):	0.5600
Directional Movement:	-16.88
AROON (14):	-42.86
DEMA (21):	81.50
Parabolic SAR (0,02-0,02-0,2):	84.85
Elder Ray (13):	-3.57
Super Trend (3,10):	82.30
Zig ZAG (10):	77.08
VORTEX (21):	0.9900
Stochastique (14,3,5):	24.84
TEMA (21):	80.69
Williams %R (14):	-87.19
Chande Momentum Oscillator (20):	-2.49
Repulse (5,40,3):	-0.8300
ROCnROLL:	-1
TRIX (15,9):	0.2300
Courbe Coppock:	4.38

MA7:	81.20
MA20:	80.67
MA50:	78.70
MA100:	72.33
MAexp7:	80.18
MAexp20:	80.42
MAexp50:	77.94
MAexp100:	73.66
Price / MA7:	-5.12%
Price / MA20:	-4.50%
Price / MA50:	-2.11%
Price / MA100:	+6.51%
Price / MAexp7:	-3.92%
Price / MAexp20:	-4.20%
Price / MAexp50:	-1.15%
Price / MAexp100:	+4.59%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on ORACLE CORP. at the time of the analysis were as follows:

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

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