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 01/13/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

56%

39%

My opinion

Bearish under 90.82 USD

My targets

86.17 USD (-2.92%)

79.27 USD (-10.69%)

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, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

2.7

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. price is 88.76 USD. On the day, this instrument gained +0.51% and was traded between 87.78 USD and 88.90 USD over the period. The price is currently at +1.12% from its lowest and -0.16% from its highest.

87.78

88.90

88.76

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.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of ORACLE CORP. in Daily shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near horizontal support

Type : Bullish

Timeframe : Daily

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	76.23	79.27	86.17	88.76	90.82	95.50	98.25
Change (%)	-14.12%	-10.69%	-2.92%	-	+2.32%	+7.59%	+10.69%
Change	-12.53	-9.49	-2.59	-	+2.06	+6.74	+9.49
Level	Intermediate	Minor	Major	-	Major	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	85.63	86.65	87.48	88.50	89.33	90.35	91.18
Camarilla	87.80	87.97	88.14	88.31	88.48	88.65	88.82
Woodie	85.54	86.60	87.39	88.45	89.24	90.30	91.09
Fibonacci	86.65	87.36	87.79	88.50	89.21	89.64	90.35

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	81.74	83.59	85.55	87.40	89.36	91.21	93.17
Camarilla	86.46	86.81	87.16	87.51	87.86	88.21	88.56
Woodie	81.80	83.62	85.61	87.43	89.42	91.24	93.23
Fibonacci	83.59	85.05	85.95	87.40	88.86	89.76	91.21

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	61.43	74.14	80.52	93.23	99.61	112.32	118.70
Camarilla	81.64	83.39	85.14	86.89	88.64	90.39	92.14
Woodie	58.26	72.56	77.35	91.65	96.44	110.74	115.53
Fibonacci	74.14	81.44	85.94	93.23	100.53	105.03	112.32

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):	45.67
MACD (12,26,9):	-1.3400
Directional Movement:	-2.63
AROON (14):	-42.86
DEMA (21):	87.61
Parabolic SAR (0,02-0,02-0,2):	85.52
Elder Ray (13):	-0.33
Super Trend (3,10):	93.49
Zig ZAG (10):	88.72
VORTEX (21):	0.7700
Stochastique (14,3,5):	60.97
TEMA (21):	87.01
Williams %R (14):	-28.64
Chande Momentum Oscillator (20):	0.38
Repulse (5,40,3):	1.0500
ROCnROLL:	-1
TRIX (15,9):	-0.2300
Courbe Coppock:	8.44

MA7:	87.83
MA20:	89.56
MA50:	92.03
MA100:	91.57
MAexp7:	88.31
MAexp20:	89.39
MAexp50:	90.96
MAexp100:	90.07
Price / MA7:	+1.06%
Price / MA20:	-0.89%
Price / MA50:	-3.55%
Price / MA100:	-3.07%
Price / MAexp7:	+0.51%
Price / MAexp20:	-0.70%
Price / MAexp50:	-2.42%
Price / MAexp100:	-1.45%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on ORACLE CORP. at the time of the generation of this analysis was as follows:

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

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