Oracle Corp (ORCL) Up 1.71%, Breaks Above 200 Day Average; in an Uptrend Over Past 30 Days

Oracle Corp Daily Price Recap

Oracle Corp came into today up 1.71% ($0.92) from the open of yesterday, marking the 2nd day in a row it has gone up. This move happened on lower volume, as yesterday’s volume was down 2.9% from the day before — and down 4.04% from the same day the week before. The daily price chart of Oracle Corp below illustrates.

Oracle Corp Technical Analysis

Notably, Oracle Corp crossed above its 200 day moving average yesterday. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 16 out of the past 30 days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.

Overheard Around the Web

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

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