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 09/13/2023 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

56%

17%

My opinion

Bearish under 117.26 USD

My targets

106.98 USD (-5.13%)

101.14 USD (-10.31%)

My analysis

The bearish trend is currently very strong for ORACLE CORP.. As long as the price remains below the resistance at 117.26 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 106.98 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 101.14 USD as an objective. Crossing it would then enable sellers to target 89.58 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

6.6

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

ORACLE CORP. rating 112.77 USD. On the day, this instrument gained +2.88% and was between 108.20 USD and 112.86 USD. This implies that the price is at +4.22% from its lowest and at -0.08% from its highest.

108.20

112.86

112.77

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 for higher/lower results shows the following items:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of this 1H chart of ORACLE CORP. indicates that the overall trend is strongly bearish. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being 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, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 3 are neutral and 10 are bearish. The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

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

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	83.09	89.58	101.14	112.77	112.94	120.45	124.72
Change (%)	-26.32%	-20.56%	-10.31%	-	+0.15%	+6.81%	+10.60%
Change	-29.68	-23.19	-11.63	-	+0.17	+7.68	+11.95
Level	Major	Intermediate	Major	-	Major	Minor	Minor

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	100.84	104.07	106.84	110.07	112.84	116.07	118.84
Camarilla	107.96	108.51	109.06	109.61	110.16	110.71	111.26
Woodie	100.61	103.96	106.61	109.96	112.61	115.96	118.61
Fibonacci	104.07	106.36	107.78	110.07	112.36	113.78	116.07

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	117.26	119.22	122.77	124.73	128.28	130.24	133.79
Camarilla	124.81	125.31	125.82	126.32	126.83	127.33	127.84
Woodie	118.06	119.62	123.57	125.13	129.08	130.64	134.59
Fibonacci	119.22	121.33	122.63	124.73	126.84	128.14	130.24

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	102.84	106.98	113.69	117.83	124.54	128.68	135.39
Camarilla	117.41	118.40	119.40	120.39	121.39	122.38	123.37
Woodie	104.12	107.62	114.97	118.47	125.82	129.32	136.67
Fibonacci	106.98	111.13	113.69	117.83	121.98	124.54	128.68

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):	36.34
MACD (12,26,9):	-3.4600
Directional Movement:	-27.14
AROON (14):	-57.14
DEMA (21):	111.10
Parabolic SAR (0,02-0,02-0,2):	117.42
Elder Ray (13):	-1.00
Super Trend (3,10):	115.96
Zig ZAG (10):	112.73
VORTEX (21):	0.9700
Stochastique (14,3,5):	24.69
TEMA (21):	108.76
Williams %R (14):	-73.32
Chande Momentum Oscillator (20):	-14.05
Repulse (5,40,3):	2.2000
ROCnROLL:	2
TRIX (15,9):	-0.3900
Courbe Coppock:	21.97

MA7:	121.26
MA20:	118.77
MA50:	117.21
MA100:	111.35
MAexp7:	111.95
MAexp20:	115.41
MAexp50:	118.87
MAexp100:	119.28
Price / MA7:	-7.00%
Price / MA20:	-5.05%
Price / MA50:	-3.79%
Price / MA100:	+1.28%
Price / MAexp7:	+0.73%
Price / MAexp20:	-2.29%
Price / MAexp50:	-5.13%
Price / MAexp100:	-5.46%

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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