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 09/30/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
11%
56%
33%
My opinion
Bearish under 90.03 USD
My targets
86.19 USD (-1.95%)
84.93 USD (-3.38%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ORACLE CORP. as long as the price remains well below 90.03 USD. The sellers' bearish objective is set at 86.19 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 84.93 USD. In case of crossing, the next objective would be the support located at 76.23 USD.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
4.6

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 87.90 USD. The price registered a decrease of -3.67% on the session and was between 87.73 USD and 91.58 USD. This implies that the price is at +0.19% from its lowest and at -4.02% from its highest.

87.73
91.58
87.90

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

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this ORACLE CORP. chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 76.23 84.93 86.19 87.90 88.01 90.03 90.86
Change (%) -13.28% -3.38% -1.95% - +0.13% +2.42% +3.37%
Change -11.67 -2.97 -1.71 - +0.11 +2.13 +2.96
Level Intermediate Minor Minor - Major Intermediate Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard89.7390.3690.8191.4491.8992.5292.97
Camarilla90.9591.0591.1591.2591.3591.4591.55
Woodie89.6390.3290.7191.4091.7992.4892.87
Fibonacci90.3690.7891.0391.4491.8692.1192.52


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard81.4383.1886.5688.3191.6993.4496.82
Camarilla88.5389.0089.4789.9490.4190.8891.35
Woodie82.2583.5987.3888.7292.5193.8597.64
Fibonacci83.1885.1486.3588.3190.2791.4893.44


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard82.2084.6486.8989.3391.5894.0296.27
Camarilla87.8488.2788.7089.1389.5689.9990.42
Woodie82.1084.5986.7989.2891.4893.9796.17
Fibonacci84.6486.4487.5489.3391.1392.2394.02

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): 36.34
MACD (12,26,9): 0.0400
Directional Movement: -15.63
AROON (14): -64.29
DEMA (21): 90.85
Parabolic SAR (0,02-0,02-0,2): 92.02
Elder Ray (13): -1.64
Super Trend (3,10): 91.26
Zig ZAG (10): 88.57
VORTEX (21): 0.8900
Stochastique (14,3,5): 7.93
TEMA (21): 90.32
Williams %R (14): -99.26
Chande Momentum Oscillator (20): -1.91
Repulse (5,40,3): -3.1600
ROCnROLL: 2
TRIX (15,9): 0.0600
Courbe Coppock: 1.45
MA7: 89.83
MA20: 88.81
MA50: 88.98
MA100: 85.05
MAexp7: 90.09
MAexp20: 90.61
MAexp50: 89.96
MAexp100: 89.38
Price / MA7: -2.15%
Price / MA20: -1.02%
Price / MA50: -1.21%
Price / MA100: +3.35%
Price / MAexp7: -2.43%
Price / MAexp20: -2.99%
Price / MAexp50: -2.29%
Price / MAexp100: -1.66%

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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