Oracle Corp (ORCL) Down 2.4%, Breaks Below 20 and 50 Day Averages; in an Uptrend Over Past 90 Days

Oracle Corp 4 Hour Price Update

Updated September 08, 2020 04:31 PM GMT (12:31 PM EST)

ORCL traders saw its share price fall -0.75% ($-0.42) over the past four hours of trading. To help put that in perspective, note that Oracle Corp’s peers in the in the Business Services industry are down -1.11% on average during this time, while the broader Technology sector is down by an average of -1.53%.

Oracle Corp Daily Price Recap

Oracle Corp is down 2.4% ($1.37) since the previous day, marking the 2nd straight day a decrease has occurred. The price move occurred on volume that was down 4.46% from the day prior, but up 26.74% from the same day the week before. The daily price chart of Oracle Corp below illustrates.

ORCL

Oracle Corp Technical Analysis

Notably, Oracle Corp crossed below its 20 and 50 day moving averages yesterday. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 6 out of the past 10 days.

Overheard Around the Web

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

    $MSFT …๐‚urrently has a ๐uy rating | โญ 4.0 (31 reviews) ๐Ÿ™ƒ and a ๐ositive ๐„arnings ๐„๐’๐… ๐Ÿ‘ˆ๐Ÿ“… ๐Ÿ‘€๐Ÿ‘€๐Ÿ˜‰๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿ’Ž๐Ÿ’Ž๐Ÿš€๐Ÿš€๐Ÿ‘Œ๐Ÿ”ฅ๐Ÿ”ฅ

    ๐“arget: 232.00๐ŸŽฏ
    ๐€vg: 218.22

    ๐Œanagement๐Ÿ”
    ๐‘eturn๐Žn๐€ssets: 11.26%
    ๐‘eturn๐Žn๐„quity: 40.14%

    ๐rofitability๐Ÿ’ฒ
    ๐rofit๐Œargins: 30.96%
    ๐Žperating๐Œargins: 37.03%

    ๐ˆncome๐ŸŒฑ
    ๐‘evenue: 143.02๐
    ๐‘evenue๐er๐’hare: 18.79
    ๐‘evenue๐†row: 12.80%
    ๐rofits: 96.94๐
    ๐„bitda: 65.26๐
    ๐„arnings๐†row: -14.20%

    ๐alance ๐’heet๐Ÿ’ฐ
    ๐‚ash: 136.49๐
    ๐‚ash*๐’hare: 18.04
    ๐ƒebt: 82.11๐
    ๐ƒebt๐“o๐„quity: 69.41
    ๐‘atio: 2.52

    ๐‚ash ๐…low๐Ÿ’ธ
    ๐Žperating๐‚ash๐…๐‹ow: 60.67๐
    ๐‹evered ๐…ree๐‚ash๐…๐‹ow: 34.26๐

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