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. - Daily - Technical analysis published on 01/03/2022 (GMT)

  • 257
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 90.82 USD
My targets
86.17 USD (-1.69%)
79.27 USD (-9.56%)
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 90.82 USD. The sellers' bearish objective is set at 86.17 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 79.27 USD. In case of crossing, the next objective would be the support located at 76.23 USD.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
5.9

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. 1H Weekly

Additional analysis

Quotes

The ORACLE CORP. rating is 87.65 USD. The price registered an increase of +0.51% on the session with the lowest point at 85.76 USD and the highest point at 87.92 USD. The deviation from the price is +2.20% for the low point and -0.31% for the high point.

85.76
87.92
87.65

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this ORACLE CORP. chart shows a bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

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

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Daily



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

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 76.23 79.27 86.17 87.65 90.82 98.25 103.65
Change (%) -13.03% -9.56% -1.69% - +3.62% +12.09% +18.25%
Change -11.42 -8.38 -1.48 - +3.17 +10.60 +16.00
Level Intermediate Intermediate Major - Major Major Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard85.9786.5886.8987.5087.8188.4288.73
Camarilla86.9687.0487.1387.2187.2987.3887.46
Woodie85.8386.5186.7587.4387.6788.3588.59
Fibonacci86.5886.9387.1587.5087.8588.0788.42


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard83.0085.0986.1588.2489.3091.3992.45
Camarilla86.3486.6386.9287.2187.5087.7988.08
Woodie82.4984.8385.6487.9888.7991.1391.94
Fibonacci85.0986.2987.0488.2489.4490.1991.39


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard61.6574.4280.8193.5899.97112.74119.13
Camarilla81.9483.7085.4587.2188.9790.7292.48
Woodie58.4772.8377.6391.9996.79111.15115.95
Fibonacci74.4281.7486.2693.58100.90105.42112.74

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 38.80
MACD (12,26,9): -1.6900
Directional Movement: -13.44
AROON (14): -100.00
DEMA (21): 89.61
Parabolic SAR (0,02-0,02-0,2): 96.94
Elder Ray (13): -3.56
Super Trend (3,10): 94.12
Zig ZAG (10): 87.78
VORTEX (21): 0.7900
Stochastique (14,3,5): 4.32
TEMA (21): 88.08
Williams %R (14): -89.01
Chande Momentum Oscillator (20): -15.88
Repulse (5,40,3): -0.4400
ROCnROLL: 2
TRIX (15,9): -0.1200
Courbe Coppock: 14.80
MA7: 88.44
MA20: 92.78
MA50: 93.68
MA100: 92.00
MAexp7: 88.85
MAexp20: 91.37
MAexp50: 92.43
MAexp100: 90.89
Price / MA7: -0.89%
Price / MA20: -5.53%
Price / MA50: -6.44%
Price / MA100: -4.73%
Price / MAexp7: -1.35%
Price / MAexp20: -4.07%
Price / MAexp50: -5.17%
Price / MAexp100: -3.56%

Quotes : - 15 min delayed data - NYSE Stocks

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

About author

Online

Overall rating :
15739
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis ORACLE CORP. - Daily