Oracle stock: buy or sell

ORCL stock price: $87.18 -0.71% At close on Jul 28th, 2021

Updated on:
Jul 29th, 2021

2

Oracle stock brief

  • After making all-time highs last Friday, Oracle closed at $87.18 only changing a -0.71%
  • Oracle Corporation provides products and services that address enterprise information technology environments worldwide.

Should I buy Oracle stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $ORCL stock a buy?

In the current situation of Oracle there is not any eligible buy setup. This doesn't mean we expect a selloff for $ORCL in coming sessions, or that it may not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Oracle stock?

Knowing when to sell a stock is even more difficult than knowing when to buy it. Similarly to when we have to buy shares, determining when is appropiate to sell is not a whimsy decision, and we must use our own trading strategy. When selling, as well as buying, our setups are very easy to follow and are only valid for selling stocks you already own, not for shorting $ORCL stock

As a golden rule, you should never mantain an investment that produces greater losses than those expected upon the buy. When to sell shares should always be determined by the stop-loss (automatic or manual)

Is it time to sell Oracle stock?

In the current situation of Oracle there is not any eligible sell setup, so Oracle stock holders with operations in profit can keep their positions

Oracle ratings

We don't have any rating published in the previous month for Oracle

Oracle stock analysis

$ORCL at new All-time Highs

Oracle did it again, and reached new all-time highs (ATH) last Friday at $91.20. It's the 4th time in the last 10 sessions, marking an important rally

SMAs overview

ORCL stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $91.20 (4.61% above)
  • The current supports are:

  • S1: $84.72 (-2.82% below)
  • S2: $80.42 (-7.75% below)
  • S3: $79.92 (-8.33% below)
  • Bollinger bands

    ORCL stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 last Friday after just crossing to the overbough zone for just one day (weak signal). The RSI value on Wednesday was 57.27. Since RSI lost the overbought zone, Oracle shares dropped a 3.87%

    ORCL stock RSI chart

    Oracle stock price history

    Oracle started trading on Mar 12th, 1986 priced at $0.05 per share1. Since then, ORCL stock surged by 174,260.00%, with an average of 4,978.86% per year. An investment of $1,000USD at that time would have a value of $1,743,600.00 nowadays.

    1: Adjusted price after possible price splits or reverse-splits

    ORCL stock price history chart

    Price target for Oracle stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations publish their analysis forecasting how a particular stock will performance in the future.

    Along with buy or sell recommendations, brokerage institutions post their price target based on the stock price action and the company fundamental data. Most of these estimates follow the release of new financial data by the company, and usually. Again, these predictions are not direct recommendations for individual traders and should not be trusted blindly.

    We don't have any target price posted in the last 30 days for Oracle.

    Earnings and financials

    In mid-June, Oracle ($ORCL) hosted the earnings event and released the report. Oracle topped Wall St estimates and reported of $1.54, that is a 17.56% increase versus the initial estimates of $1.31. Despite this, reported revenues of $11.2 billion were in line with market forecasts.

    Compared to the same quarter one year ago, EPS was $1.20, so current EPS means a increase of 28.33%. Sales went up a 7.55% on an annualized basis in the , from $104.4B to $112.3B last quarter.

    Oracle ($ORCL) posts financial report next September. Market analysts analysts estimate of $0.97, that is a 37.01% less than Q4.

    Oracle performance

    ORCL performance compared
    Company1m3m6m
    Oracle ($ORCL) 11.40% 16.10% 40.50%

    Please read:
    The viewpoints published in this post are personal and not recommendations for you to buy or sell shares. The author of this document does not have any knowledge of the specific conditions of the reader, his or her own financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are expressed for general educational reasons only

    Oracle summary

    Wednesday, July 28th, 2021
    Open$87.9
    Close$87.18
    Day range$87.12 - $87.95
    Previous close$87.8
    Session gain-0.71%
    Average true range$2.58
    50d mov avg$82.06
    100d mov avg$77.74
    200d mov avg$69.03
    Earnings dateSeptember 8th, 2021

    Frequently asked questions

    What is Oracle stock symbol?

    Oracle Corporation is a public company trading in the US stock market with the ORCL symbol

    Is Oracle stock a buy or sell?

    Oracle had no ratings in the last four weeks Read the article to get additional tips on trading ORCL stock.

    Will ORCL go up?

    There were no price targets issued by analysts in the last 30 days for Oracle.