Oracle Corp (ORCL) Down 0.03%; Eyes 20 Day Average

The Hourly View for ORCL

Last Updated February 19, 2021, 12:47 GMT

Currently, ORCL’s price is down $-0.23 (-0.37%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Oracle Corp Daily Price Recap

Oracle Corp is down 0.03% ($0.02) since yesterday, marking the 3rd consecutive day a decrease has occurred. The price move occurred on volume that was up 0.28% from the day prior, but down 10.58% from the same day the week before. Let’s take a look at the daily price chart of Oracle Corp.


Oracle Corp Technical Analysis

The first thing we should note is that Oracle Corp is now close to its 20 and 50 day moving averages, which may act as price barrier for the asset. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 14 days Oracle Corp’s price has gone down 8 them.

Overheard Around the Web

Over on StockTwits, here’s an example of what they’re saying about ORCL:

    FPVD (BIGtoken)
    Company has 7k followers on Twitter. Their CEO has 16k followers, and he is followed by Cathie Wood(ARK). Howard Lindzon co-founder of Stocktwits is invested in FPVD, and he is a friend of the founder of BIGtoken.
    The company became public a few weeks ago via reverse merger with FPVD.
    16 million users on their app
    F500 customers
    100% customer retention
    Market cap $82 mil
    Share price $0.10
    Disruptive concept of data privacy
    Potentially projected to have revenue of 400 million next year! Co. was Est only 4 years ago. Ticker will be changed to BIGtoken.
    Company plan to be uplisted to a nationally listed exchange.
    DO YOUR DD! It might be the most rare and exciting opportunity in 2021-2022. My $UPWK $ORCL $CME $FSLY $WIX families – feel obligated to share this gem with you.