Oracle's most recent trend suggests a bearish bias. One trading opportunity on Oracle is a Bear Call Spread using a strike $39.00 short call and a strike $44.00 long call offers a potential 5.04% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $39.00 by expiration. The full premium credit of $0.24 would be kept by the premium seller. The risk of $4.76 would be incurred if the stock rose above the $44.00 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 30.37 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Oracle
Larry Ellison still the top draw at Oracle's mega-convention
Wed, 01 Oct 2014 00:10:14 GMT
Reuters – Larry Ellison was the main draw for tens of thousands of technology professionals at Oracle Corp's (ORCL.N) annual conference in San Francisco on Tuesday, where he joked about losing his name after relinquishing his role as the company's CEO. Ellison, who this month gave up his position as chief executive of the enterprise software behemoth he co-founded 37 years ago, stuck to his tradition of delivering the main presentation at Oracle OpenWorld. Oracle has stressed that nothing would change under the new management structure, with the 70-year-old Ellison staying on as executive chairman and chief technology officer. Speaking to a standing-room-only crowd in a football-field-sized room, Ellison mostly pitched Oracle's newest offerings in software and other IT delivered over the Internet – a growing trend known as cloud computing.
Larry Ellison Giggles Through His Keynote: ‘I Love My New Job'
Wed, 01 Oct 2014 00:02:04 GMT
Business Insider – Despite his image as a larger-than-life lavish…
Larry Ellison still the top draw at Oracle's mega-convention
Tue, 30 Sep 2014 23:37:42 GMT
Reuters – Larry Ellison was the main draw for tens of thousands of technology professionals at Oracle Corp's (ORCL.N) annual conference in San Francisco on Tuesday, where he joked about losing his name after relinquishing his role as the company's CEO. Ellison, who this month gave up his position as chief executive of the enterprise software behemoth he co-founded 37 years ago, stuck to his tradition of delivering the main presentation at Oracle OpenWorld. Oracle has stressed that nothing would change under the new management structure, with the 70-year-old Ellison staying on as executive chairman and chief technology officer. Speaking to a standing-room-only crowd in a football-field-sized room, Ellison mostly pitched Oracle's newest offerings in software and other IT delivered over the Internet – a growing trend known as cloud computing.
Larry Ellison still the top draw at Oracle's mega-convention
Tue, 30 Sep 2014 23:37:27 GMT
Larry Ellison still the top draw at Oracle's mega-convention
Tue, 30 Sep 2014 23:32:25 GMT
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