Oracle Corporation Stock Chart

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Oracle Corporation (ORCL) “On a long-term technical basis, the stock (ORCL) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 57.84 and 54.87. If the stock breaks down through support at 57.84 then it will probably continue lower to 54.87. The stock will meet resistance at 61.88 and 65.07. If the stock breaks up through resistance at 61.88 then it will probably continue higher to 65.07. The 200-day moving average is at 53.62. This will also act as support. The stock is slightly overbought according to the Stochastic Indicator (70.04).”

Oracle Corporation Stock Chart


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