What Technical Indicators Say about Oracle Stock



Oracle shareholder returns and stock trends

So far in this series, we’ve discussed expectations from Oracle’s fiscal 3Q18 earnings and its position in the competitive cloud space. Let’s take a look at Oracle’s (ORCL) technical indicators, as they help us make market entry and exit decisions in the stock.

On February 28, 2018, Oracle stock had risen ~2.5% and 1.8% in the trailing-five-day period and the trailing-one-month period, respectively. ORCL stock had risen ~7.0% and ~17.0% in 2018 year-to-date and the trailing-12-month period, respectively. 

In comparison, Microsoft (MSFT), IBM (IBM), and SAP (SAP) have generated returns of 45.0%, ~-14.0%, and 12.0%, respectively, in the trailing-12-month period.

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Microsoft’s MACD

On February 28, 2018, Oracle stock closed at $50.67. The stock was trading 1.0% above its 20-day moving average of $50.00, 4.0% above its 50-day moving average of $49.00, and 4.0% above its 100-day moving average of $49.00.

A company’s MACD (moving average convergence divergence) is the difference between its short-term and long-term moving averages. Microsoft’s 14-day MACD is 0.06. Microsoft’s positive MACD indicates a downward trading pattern.


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