Oracle Stock Technical Analysis

ORCL
 Stock
  

USD 64.55  1.48  2.24%   

As of the 24th of September, Oracle holds the risk adjusted performance of (0.020954), and Coefficient Of Variation of (4,807). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oracle, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down nineteen technical drivers for Oracle Corp, which can be compared to its competitors. Please check Oracle Corp jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if Oracle Corp is priced some-what accurately, providing market reflects its current price of 64.55 per share. Given that Oracle has jensen alpha of 0.0066, we recommend you to check out Oracle Corp's recent market performance to make sure the company can sustain itself at a future point.
  

Oracle Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Oracle, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Oracle
Oracle's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Oracle Analyst Consensus

Target PriceAdvice# of Analysts
97.38Hold16Odds
Oracle Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Oracle analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Oracle stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Oracle Corp, talking to its executives and customers, or listening to Oracle conference calls.
Oracle Analyst Advice Details
Oracle technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Oracle technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oracle trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Oracle Corp Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Oracle Corp volatility developed by Welles Wilder.
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Oracle Corp Trend Analysis

Use this graph to draw trend lines for Oracle Corp. You can use it to identify possible trend reversals for Oracle as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Oracle price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Oracle Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Oracle Corp applied against its price change over selected period. The best fit line has a slop of   -0.02  , which may suggest that Oracle Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 22.57, which is the sum of squared deviations for the predicted Oracle price change compared to its average price change.

About Oracle Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Oracle Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Oracle Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Oracle Corp price pattern first instead of the macroeconomic environment surrounding Oracle Corp. By analyzing Oracle's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Oracle's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Oracle specific price patterns or momentum indicators. Please read more on our technical analysis page.

Oracle September 24, 2022 Technical Indicators

Most technical analysis of Oracle help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Oracle from various momentum indicators to cycle indicators. When you analyze Oracle charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Oracle September 24, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Oracle stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please check Your Equity Center. Note that the Oracle Corp information on this page should be used as a complementary analysis to other Oracle's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for Oracle Stock analysis

When running Oracle Corp price analysis, check to measure Oracle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oracle is operating at the current time. Most of Oracle's value examination focuses on studying past and present price action to predict the probability of Oracle's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Oracle's price. Additionally, you may evaluate how the addition of Oracle to your portfolios can decrease your overall portfolio volatility.
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Is Oracle's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oracle. If investors know Oracle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oracle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Oracle Corp is measured differently than its book value, which is the value of Oracle that is recorded on the company's balance sheet. Investors also form their own opinion of Oracle's value that differs from its market value or its book value, called intrinsic value, which is Oracle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oracle's market value can be influenced by many factors that don't directly affect Oracle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oracle's value and its price as these two are different measures arrived at by different means. Investors typically determine Oracle value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oracle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.