ORACLE CORP. - Daily - Technical analysis published on 06/19/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Slightly bearish
Technical indicators
39%
22%
39%
My opinion
Bearish under 52.95 USD
My targets
50.24 USD (-5.03%)
46.23 USD (-12.61%)
My analysis
The basic trend is currently slightly bearish on ORACLE CORP. and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 52.95 USD, sales could be favoured. The first bearish objective would be located at 50.24 USD. Sellers would then use the next support located at 46.23 USD as an objective. Crossing it would then enable sellers to target 42.76 USD. A return to above the resistance at 52.95 USD could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.
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 52.90 USD. The price registered a decrease of -0.43% on the session and was between 52.41 USD and 53.60 USD. This implies that the price is at +0.93% from its lowest and at -1.31% from its highest.52.41
53.60
52.90
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a 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
Technical analysis of ORACLE CORP. in Daily shows an overall slightly bearish trend. 46.43% of the signals given by moving averages are bearish. The overall trend remains fragile, reflecting the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : Daily
In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 7 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
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 Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 42.76 | 46.23 | 50.24 | 52.90 | 52.95 | 55.41 |
| Change (%) | -19.17% | -12.61% | -5.03% | - | +0.09% | +4.74% |
| Change | -10.14 | -6.67 | -2.66 | - | +0.05 | +2.51 |
| Level | Major | Major | Major | - | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.28 | 52.61 | 52.87 | 53.21 | 53.47 | 53.80 | 54.06 |
| Camarilla | 52.97 | 53.02 | 53.08 | 53.13 | 53.18 | 53.24 | 53.29 |
| Woodie | 52.24 | 52.59 | 52.83 | 53.19 | 53.43 | 53.78 | 54.02 |
| Fibonacci | 52.61 | 52.84 | 52.98 | 53.21 | 53.44 | 53.58 | 53.80 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 51.51 | 52.39 | 52.84 | 53.72 | 54.17 | 55.05 | 55.50 |
| Camarilla | 52.91 | 53.04 | 53.16 | 53.28 | 53.40 | 53.52 | 53.65 |
| Woodie | 51.28 | 52.28 | 52.62 | 53.61 | 53.94 | 54.94 | 55.28 |
| Fibonacci | 52.39 | 52.90 | 53.22 | 53.72 | 54.23 | 54.55 | 55.05 |
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): | 47.45 | |
| MACD (12,26,9): | -0.0800 | |
| Directional Movement: | -5.13 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 52.93 | |
| Parabolic SAR (0,02-0,02-0,2): | 51.33 | |
| Elder Ray (13): | -0.10 | |
| Super Trend (3,10): | 51.13 | |
| Zig ZAG (10): | 52.90 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 68.08 | |
| TEMA (21): | 53.03 | |
| Williams %R (14): | -36.23 | |
| Chande Momentum Oscillator (20): | 2.30 | |
| Repulse (5,40,3): | -1.1700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 3.95 |
| MA7: | 53.53 | |
| MA20: | 52.75 | |
| MA50: | 53.78 | |
| MA100: | 52.90 | |
| MAexp7: | 53.19 | |
| MAexp20: | 53.12 | |
| MAexp50: | 53.20 | |
| MAexp100: | 52.46 | |
| Price / MA7: | -1.18% | |
| Price / MA20: | +0.28% | |
| Price / MA50: | -1.64% | |
| Price / MA100: | -0% | |
| Price / MAexp7: | -0.55% | |
| Price / MAexp20: | -0.41% | |
| Price / MAexp50: | -0.56% | |
| Price / MAexp100: | +0.84% |
News
Don"t forget to follow the news on ORACLE CORP.. At the time of publication of this analysis, the latest news was as follows:
- Oracle Data Cloud and Reddit Collaborate to Build Brand Safety Solution for Dynamic User-Generated Content
- Oracle Collaborates with Top Oracle PartnerNetwork Platinum Level Members to Rethink Customer Data Platform Market
- Oracle Moat to Measure Viewability for Samsung Ads
- New Oracle Exadata Builds in Machine Learning Advances, Supercharges Performance, Improves Cost Effectiveness
- Oracle Insights Help Retailers Right-Size Inventory for Every Store
This member declared not having a position on this financial instrument or a related financial instrument.
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