Oracle's most recent trend suggests a bullish bias. One trading opportunity on Oracle is a Bull Put Spread using a strike $40.00 short put and a strike $35.00 long put offers a potential 5.71% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $40.00 by expiration. The full premium credit of $0.27 would be kept by the premium seller. The risk of $4.73 would be incurred if the stock dropped below the $35.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Oracle is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Oracle is bullish.
The RSI indicator is at 74.93 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Oracle
On The Fly: After Hours Movers
Wed, 02 Apr 2014 22:51:40 GMT
Apple in limbo: Cramer
Wed, 02 Apr 2014 22:15:00 GMT
Does Big Data Going Mainstream Present a Real Threat to Oracle?
Wed, 02 Apr 2014 17:01:56 GMT
Motley Fool – Contrary to the expectations of some analysts, Oracle is not threatened by Big Data going mainstream. Oracle has a comprehensive cloud portfolio that consists of IaaS, PaaS, and SaaS platforms. This will …
Oracle Announces Oracle NoSQL Database 3.0
Wed, 02 Apr 2014 12:00:00 GMT
Marketwired – Oracle
Is Oracle Trading At A Discount From Its Peers?
Wed, 02 Apr 2014 04:15:00 GMT
Seeking Alpha – Oracle Corporation ( ORCL ) is a computer technology company that makes money by selling crucial database, application, and middleware software primarily to medium and large businesses worldwide. The company …
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