What Oracle’s Technical Indicators Are Telling Us about the Stock



Oracle’s stock trends and shareholder returns

As of December 12, 2017, Oracle (ORCL) stock has risen 24% and 30.7% in the trailing 12-month period and YTD (year-to-date), respectively. In the trailing one-month period, it has gained 1.9%. Oracle’s stock price movement continues to be positive, having risen 3.8% in the trailing-five-day period.

During the same period, Microsoft (MSFT) has returned 0.91%, while Germany-based (EWG) software company SAP (SAP) has remained nearly flat in the five-day period.

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Oracle’s MACD and RSI

On December 12, 2017, Oracle’s last trading price was $50.47. The stock was trading 2% above its 20-day moving average of $49.00. Its 50-day moving average and 100-day moving average are $49.00.

A company’s MACD (moving average convergence divergence) refers to the difference between its short-term and long-term moving averages. It’s used to gauge a stock price’s movement trend. Oracle’s 14-day MACD of 0.21 is a negative figure, which indicates an upward trading trend.

RSI (relative strength index) measures a stock’s momentum on a scale of 0–100. A RSI figure of more than 70 indicates that a company’s stock has been overbought, while below 30 suggests that a company’s stock has been oversold.

With a 14-day RSI of 55, we can deduce that Oracle stock is neither in the overbought or oversold territory.


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