Oracle's most recent trend suggests a bearish bias. One trading opportunity on Oracle is a Bear Call Spread using a strike $39.50 short call and a strike $44.50 long call offers a potential 6.61% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $39.50 by expiration. The full premium credit of $0.31 would be kept by the premium seller. The risk of $4.69 would be incurred if the stock rose above the $44.50 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 34.88 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Oracle
Oracle Cloud to Match Amazon.com’s Pricing, Ellison Says
Mon, 29 Sep 2014 03:37:38 GMT
Bloomberg – Oracle Corp. (ORCL) said its cloud service will match rival Amazon.com Inc.’s pricing as it competes to help companies operate databases and software over the Internet rather than at their own data centers. Oracle will “have the same pricing as Amazon or any other infrastructure provider,” Chairman Larry Ellison said at the Oracle OpenWorld conference in San Francisco. Ellison, also Oracle’s founder and chief technology officer, is leaving the day-to-day running of the company at a time when the industry he helped champion has been disrupted by the delivery of software and services via the Internet. He said the company’s newest cloud product includes tools for building analytics, mobile, identity and social features into software.
Ip: Occupy Central is unrealistic and dangerous
Mon, 29 Sep 2014 03:16:00 GMT
Oracle launches upgraded cloud platform with database and and Java available as a service
Mon, 29 Sep 2014 03:14:12 GMT
Oracle launches upgraded cloud platform with its database and Java available as a service
Mon, 29 Sep 2014 03:14:12 GMT
Telenor launches telecommunications services in Myanmar
Mon, 29 Sep 2014 02:39:00 GMT
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