Oracle's most recent trend suggests a bearish bias. One trading opportunity on Oracle is a Bear Call Spread using a strike $54.00 short call and a strike $59.00 long call offers a potential 42.45% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $54.00 by expiration. The full premium credit of $1.49 would be kept by the premium seller. The risk of $3.51 would be incurred if the stock rose above the $59.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Oracle is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Oracle is bearish.
The RSI indicator is at 37.07 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Oracle
Oracle's Larry Ellison got crushed on his Tesla investment this year
Thu, 23 May 2019 17:57:10 +0000
Oracle co-founder Larry Ellison disclosed a $1 billion stake in Tesla in late December. Ellison bought 3 million shares, giving him a 1.7% stake and making him the second-biggest individual shareholder, behind Elon Musk. The SEC filing at the time of the purchase didn't say how much Ellison paid.
Oracle Falls 3%
Thu, 23 May 2019 12:53:03 +0000
Investing.com – Oracle (NYSE:ORCL) fell by 3.01% to trade at $52.57 by 12:52 (16:52 GMT) on Thursday on the NYSE exchange.
WOLF Italian Street Food Beats Lunchtime Rush with Oracle
Thu, 23 May 2019 08:00:00 +0000
LONDON, May 23, 2019 /PRNewswire/ — Fast, fresh and healthy Italian street food restaurant, WOLF, has implemented Oracle Food & Beverage Simphony Cloud at point-of-sale to make the most of the lucrative lunchtime rush and support its growth ambitions. Aiming to improve the processes of the restaurant, owner, Tim Entwistle, upgraded the POS solution to increase the speed of service, gain visibility into management information across its franchise network and ensure a solid platform for expected growth. Some POS solutions cannot keep up with the pressures of a modern restaurant.
How This IBD 50 Stock Is Taking On Medidata, Oracle — And Gaining
Wed, 22 May 2019 20:11:24 +0000
Shares of IBD 50 stock Veeva Systems jumped Wednesday as an analyst suggested Veeva has secured a sizable chunk of the clinical data management market. Veeva stock rose at the close.
SAP SuccessFactors Solutions Deployed by Eversheds Sutherland
Wed, 22 May 2019 19:05:07 +0000
SAP's resilient Cloud and Software business, act as staple growth drivers. Impressive growth in S/4HANA and other Cloud initiatives has supported the company's top line.
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