394.28BMarket Cap38.56P/E (TTM)
146.590High141.920Low8.69MVolume145.730Open144.770Pre Close1.25BTurnover0.54%Turnover Ratio38.56P/E (Static)2.76BShares146.59052wk High45.30P/B229.21BFloat Cap98.28052wk Low1.60Dividend TTM1.60BShs Float146.590Historical High1.12%Div YieldTTM3.23%Amplitude2.409Historical Low143.705Avg Price1Lot Size
Oracle Stock Forum
Oracle Corporation (ORCL US) $Oracle(ORCL.US)$
Daily Chart -[BULLISH ↗ **] Market shaped a bullish breakout of ascending channel. We stay bullish on Oracle, expecting price to hold above 137.50 support, before shaping a new push higher towards 156.50 resistance. Technical indicators advocating for a bullish scenario.
Alternatively: A daily candlestick close below 137.50 support will open a correction towards next support at 128...
Let's!
$ServiceNow(NOW.US)$ $Salesforce(CRM.US)$ $Adobe(ADBE.US)$ $Oracle(ORCL.US)$
Joined the S&P 500 on June 24.
Shares rose steadily after a 34% revenue increase to $921 million and higher guidance for the year.
Focus on AI has fueled share growth since its 2019 IPO.
Shares up 52% in 2024.
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