Oracle Corporation (ORCL) : During the past 4 weeks, traders have been relatively bearish on Oracle Corporation (ORCL), hence the stock is down -1.81% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.21% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.22% in the last 1 week, and is up 0.64% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Oracle Corporation (NYSE:ORCL): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $41.07 and $40.96 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $41.22. The buying momentum continued till the end and the stock did not give up its gains. It closed at $41.13, notching a gain of 0.56% for the day. The total traded volume was 9,615,322 . The stock had closed at $40.90 on the previous day.
The stock has recorded a 20-day Moving Average of 0.03% and the 50-Day Moving Average is 2.39%. Oracle Corporation is up 4.75% in the last 3-month period. Year-to-Date the stock performance stands at 13.9%.
Oracle Corporation (ORCL) : The highest short term price target forecast on Oracle Corporation (ORCL) is $52 and the lowest target price is $31. A total of 22 equity analysts are currently covering the company. The average price of all the analysts is $45.05 with a standard deviation of $4.92.
Oracle Corporation (Oracle) is a provider of enterprise software and computer hardware products, and services. The Companys offerings include Oracle database and middleware software, application software, cloud infrastructure, hardware systems including computer server, storage and networking products, and related services. It operates through various segments, including new software licenses and cloud software subscriptions, which include software licenses and Oracle Cloud offerings; cloud infrastructure-as-a-service, which provides deployment and management offerings; software license updates and product support, which includes support, enhancements and upgrades for Oracle software products; hardware systems products, which includes servers, storage, networking, virtualization software, operating systems and management software; hardware systems support, which provides software updates for software components, and services business, which offers consulting services