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Oracle Trades below Its Moving Averages

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Sep. 10 2015, Updated 3:06 a.m. ET

Shareholder returns and stock trends

Oracle (ORCL) has generated returns of -2.16% in the TTM (trailing twelve months) for investors and -2.45% in the trailing one-month period. In comparison, it generated 18.98% returns in 2014 and -12.36% YTD (year-to-date).

Peer companies like Salesforce (CRM) and Intuit (INTU) have generated returns of 0.25% and -1.08%, respectively, in the trailing one-month period.

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Moving averages

On August 21, 2015, Oracle’s last trading price was $37.55. The firm was trading 11.48%, 10.32%, and 6.04% below its 20-day, 50-day, and 100-day moving averages of $41.84, $41.87, and $40.08, respectively.

MACD and RSI

The MACD (moving average convergence divergence) is the difference between the short-term and long-term moving averages of a firm. The 14-day MACD is -0.75 for Oracle. It shows a downward trading trend because the figure is negative.

The 14-day RSI (relative strength index) for Oracle is 28.50. It shows that the stock is slightly oversold. Generally, if the RSI is above 70, it indicates that the stock is overbought. In contrast, if the RSI figure is below 30, it suggests that the stock has been oversold.

Analysts’ recommendations

Out of 41 analysts covering the stock, 21 have a “buy” recommendation, five have a “sell” recommendation, and 15 have a “hold” recommendation. Analysts’ stock price target for the firm is $46.50 with a median target estimate of $48. Oracle is trading at a discount of 27.83% with respect to its median target.

To gain exposure to Oracle, you can invest in the SPDR S&P 500 ETF (SPY) and the Technology Select Sector SPDR ETF (XLK). The stock accounts for 0.69% and 3.18% of the portfolios, respectively.

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