The Hourly View for ORCL
Last Updated February 12, 2021, 12:42 GMT
At the moment, ORCL’s price is down $-0.04 (-0.06%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. Regarding the trend, note that the strongest trend exists on the 100 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 0.9% ($0.57) since the day prior, marking the 2nd day in a row a decline has happened. This move happened on lower volume, as yesterday’s volume was down 19.68% from the day before — and down 26.94% from the same day the week before. Below is a daily price chart of Oracle Corp.
Oracle Corp Technical Analysis
Notably, Oracle Corp is now close to its 20 and 50 day averages, located at 62.02 and 62.24 respectively, and thus may be at a key juncture along those timeframes. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For additional context, note that price has gone down 17 out of the past 30 days.
Overheard Around the Web
Over on StockTwits, here’s an example of what they’re saying about ORCL:
$ORCL $MSFT $SAP $AIRBNB
Rule #1 We never chase💯
Rule #2 we NEVER sell for loss. 💯💯
Rule # 3 ALWAYS buy the DIP 💯💯
Rule# 4 be emotionally INTELLIGENT 💯
Too many investment gurus tell you to emulate their techniques despite the fact that you may have very different personality traits, motivations and biases. Would Zion Williams tell a short basketball player to play like him? Investors need to create a unique template for self-reflection and a framework for developing an investment approach that works best with who you are. Whereas the consensus opinion is that investing success comes from blocking out emotions and making purely rational decisions, the best money managers actually use their feelings. They actively sense what others in the market are thinking, and they employ gut instincts when making decisions. 🎯💎💎