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Interpreting Oracle’s Technical Indicators

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Oracle’s stock trends and shareholder returns

We’ll look at Oracle’s (ORCL) technical indicators and compare them with peers in the software space.

As of June 16, 2017, Oracle’s stock has risen 16.11% for the trailing 12-month period. However, in the trailing one-month period, it lost ~0.22%. Oracle’s (ORCL) stock price has fallen 1.38% in the trailing-five-day period. 

Salesforce (CRM) and Microsoft (MSFT) have generated returns of -3.98% and -1.55%, respectively, in the trailing five-day period. SAP (SAP) also generated a negative return of 3.33.0% in the same period.
moving averages

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Oracle’s moving averages, convergence divergence, and RSI

On June 16, 2017, Oracle’s last trading price was $44.98. The stock was trading almost at par with its 20-day moving average of $45, almost at par with its 50-day moving average of $45, and 2% above with its 100-day moving average of $44.

A company’s MACD (moving average convergence divergence) is the difference between its short-term and long-term moving averages. Oracle’s 14-day MACD of 0.16 shows an upward trading trend, as the figure is positive.

You can consider investing in the SPDR S&P 500 ETF (SPY)(SPX) to gain exposure to the technology sector. This ETF has ~18.0% of its holdings in the technology sector.

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