Beginner's Guide: Boost Profits with ORCL's 6.04% Gain & TA/FA
Riding the Waves: How High-Tech Stocks like ORCL Generate a 6.04% Return
The choppy waters of the stock market can be intimidating for beginners, but with the right knowledge and guidance, it can turn into a lucrative venture. Take for instance the high-tech stocks, a space that has been creating immense wealth for investors across the globe. One such name that stands out is Oracle Corporation (ORCL), an American multinational computer technology corporation, which has demonstrated a healthy return of 6.04%.
In the realm of finance analytics, two critical factors play a decisive role in predicting stock movements: Technical Analysis (TA) and Fundamental Analysis (FA). In the case of ORCL, both elements pointed towards a promising forecast, leading to an encouraging performance that exceeded expectations.
Technical Analysis involves the study of past market data, primarily price and volume. By analyzing these elements, traders get a sense of the market sentiment, which in turn helps them forecast future price trends. The recent positive momentum indicator for ORCL is a clear example of this. A momentum indicator is a tool used by traders that uses the speed and rate of change in prices to predict future movements.
For ORCL, this indicator recently turned positive, implying a new upward trend in the stock. This essentially signifies that ORCL's speed of price change has been accelerating, and this acceleration is expected to continue in the future. As a result, it generates a signal for traders to consider buying the stock or to hold onto it if they already own it.
On the other hand, Fundamental Analysis involves evaluating a company's intrinsic value by analyzing various economic and financial factors, including the overall economy and industry conditions, as well as the financial condition and management of companies. ORCL's strong fundamentals, reflected in its robust financial health and efficient management practices, have added to the attractiveness of the stock.
Therefore, combining both TA and FA provides a holistic view of ORCL's stock potential. This allows traders, especially beginners, to make more informed decisions about their investments. It is this combination that has resulted in ORCL generating a return of 6.04%, even in the choppy market environment.
Investing in the stock market involves various dynamics and calls for a careful examination of several factors. A positive momentum indicator, coupled with strong fundamentals, can signal profitable investment opportunities. High-tech stocks, like ORCL, are excellent examples of this profitable fusion, making them an appealing option for those navigating the waves of the stock market.
ORCL in -1.03% downward trend, sliding for three consecutive days on September 25, 2023
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where ORCL declined for three days, in of 262 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for ORCL moved out of overbought territory on September 12, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 47 similar instances where the indicator moved out of overbought territory. In of the 47 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on September 12, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on ORCL as a result. In of 77 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for ORCL turned negative on September 12, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .
ORCL moved below its 50-day moving average on September 12, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for ORCL crossed bearishly below the 50-day moving average on September 20, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ORCL advanced for three days, in of 334 cases, the price rose further within the following month. The odds of a continued upward trend are .
ORCL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 343 cases where ORCL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 90, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ORCL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (125.000) is normal, around the industry mean (21.026). P/E Ratio (32.154) is within average values for comparable stocks, (152.725). Projected Growth (PEG Ratio) (2.032) is also within normal values, averaging (2.638). Dividend Yield (0.013) settles around the average of (0.088) among similar stocks. P/S Ratio (5.917) is also within normal values, averaging (74.081).
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a developer of a diversified line of business software products
Industry PackagedSoftware
ORCL and
Correlation & Price change
A.I.dvisor indicates that over the last year, ORCL has been loosely correlated with ADBE. These tickers have moved in lockstep 51% of the time. This A.I.-generated data suggests there is some statistical probability that if ORCL jumps, then ADBE could also see price increases.
| Ticker / NAME | Correlation To ORCL | 1D Price Change % | ||
|---|---|---|---|---|
| ORCL | 100% | -3.16% | ||
| ADBE - ORCL | 51% Loosely correlated | -1.04% | ||
| CDNS - ORCL | 51% Loosely correlated | -0.86% | ||
| SNPS - ORCL | 51% Loosely correlated | -0.78% | ||
| PTC - ORCL | 50% Loosely correlated | -1.90% | ||
| SAP - ORCL | 48% Loosely correlated | -3.62% | ||
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