Oracle (ORCL) Offering Possible 21.95% Return Over the Next 23 Calendar Days

Oracle's most recent trend suggests a bearish bias. One trading opportunity on Oracle is a Bear Call Spread using a strike $47.50 short call and a strike $52.50 long call offers a potential 21.95% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $47.50 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock rose above the $52.50 long call 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 down which suggests that the medium-term momentum for Oracle is bearish.

The RSI indicator is at 44.12 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Oracle

Oracle Stock Is a Bargain-Priced Safe Haven, Analyst Says
Fri, 20 Mar 2020 17:14:00 +0000
J.P. Morgan’s Mark Murphy upped his rating on the stock to Overweight from Neutral, with a new target price of $55.

Oracle Upgraded to Overweight as a `Relative Safe Haven' During Downturn
Fri, 20 Mar 2020 17:08:00 +0000
Oracle was upgraded to overweight from neutral by JPMorgan, which calls the database-software and cloud-infrastructure giant a possible "relative safe haven" during an economic downturn.

Oracle has suffered a 'lost half-decade' but now is the time to buy, says J.P. Morgan
Fri, 20 Mar 2020 15:03:00 +0000
J.P. Morgan analyst Mark Murphy upgraded shares of Oracle Corp. to overweight from neutral Friday, writing that the stock is better positioned than peers for a slowdown. "During an economic expansion phase, there is a lot of net new software spend to pursue, and Oracle has been left behind with subpar growth, as foreshadowed constantly by our survey work," he wrote. "However, the opposite is true when the economy slows, and the creative net-new software spend dries up: companies growing 70% can slow to 15% in a few quarters, and if they're starting from 30x revenues and an infinite cash flow multiple, there is essentially no floor below the stock. Oracle, in contrast, is advantaged by the stickiness of its software solutions." Murphy said that Oracle's stock has seen a "lost half-decade" with its stock "essentially flat lining since mid-June 2015 through yesterday" while the iShares Expanded Tech-Software ETF gained about 90%. "However, in our view everything that screens so 'wrong' with this stock in a bull market or economic expansion flips around if we apply the different lens that is required for the different type of environment we might be entering into," he wrote. Oracle's stock is up 1.8% in Friday trading. It's lost 18% over the past month as the S&P 500 has dropped 27%.

Oracle Stock Rises 3%
Fri, 20 Mar 2020 14:08:00 +0000
Investing.com – Oracle (NYSE:ORCL) Stock rose by 3.14% to trade at $46.47 by 14:06 (18:06 GMT) on Friday on the NYSE exchange.

Oracle (ORCL) Soars: Stock Adds 9.7% in Session
Thu, 19 Mar 2020 12:15:12 +0000
Oracle (ORCL) saw a big move last session, as its shares jumped nearly 10% on the day, amid huge volumes.

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