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published in Blogs

Mar 10, 2023

Oracle Corp (ORCL, $86.91) after its earning report on March 09, 2023

Oracle Corporation is a multinational technology company that specializes in developing and selling computer software, hardware, and cloud services. The company recently released its earnings report for the quarter, which ended on February 28th, 2023. However, the company's stock price has since moved below its 50-day moving average on March 09, 2023, indicating a change from an upward trend to a downward trend. In 23 of 42 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are 55%.

The earnings report showed that Oracle's revenue for the quarter was $11.2 billion, up 5% from the same quarter last year. However, the company missed analysts' expectations, which were set at $11.3 billion. The company's earnings per share (EPS) for the quarter were $1.16, up 11% from the same quarter last year but also fell short of analysts' expectations of $1.18. Oracle's cloud services and license support revenues, which account for a significant portion of its total revenue, grew by 4% to $7.4 billion.

Despite the company's revenue growth, its stock price has experienced a downward trend. Oracle's stock price has fallen below its 50-day moving average, indicating a shift from an upward trend to a downward trend. This shift in trend could be due to a variety of factors, such as the missed revenue and EPS expectations or concerns about the company's ability to compete in the rapidly evolving cloud services market.

Investors should take note of the historical trends when the stock price moves below its 50-day moving average. In 23 of 42 similar past instances, the stock price decreased further within the following month. This suggests that there is a 55% chance of a continued downward trend in the stock price in the coming weeks.

However, investors should also consider the long-term outlook for Oracle. The company has a strong track record of innovation and has made significant investments in cloud services in recent years. Oracle's cloud services and license support revenues continue to grow, indicating that the company is well-positioned to capitalize on the ongoing shift to cloud computing.

Oracle's earnings report showed revenue growth, but the company missed analysts' expectations. Additionally, the stock price has moved below its 50-day moving average, indicating a change from an upward trend to a downward trend. Investors should take note of historical trends and the potential for a continued downward trend in the stock price in the coming weeks.

Related Tickers: ORCL

John Jacques

published in Blogs

May 16, 2022

A.I. Stock Market Predictions: Head & Shoulders

Statistics for the Head-and-Shoulders Bottom Pattern The days where only hedge funds used algorithms to trade stocks are officially over. Now retail investors can use Artificial Intelligence (A.I. Here’s an example of the algorithm in action: Late last year, Tickeron’s A.I.

Edward Flores

published in Blogs

Apr 29, 2022

How to Become the Millionaire Next Door

The Golden Gate Bridge is always a fixture of these walks too, one of man's most beautiful creations. As we were walking, at one point she turned to me and said, "Man, I'll never have a million dollars."" My girlfriend is 27 years old and works as a graphic designer, making about $75,000 a year.

Sergey Savastiouk

published in Blogs

May 16, 2022

When Is the Next Recession Coming?

However, we also know that economists predicted 22 recessions out of 11 that took place since 1945. Are there real recession signs we should watch for?Indeed, the answer is yes, and here are a few very important ones: The first one is almost obvious and known to everyone – it is the Fed.

Sergey Savastiouk

published in Blogs

Mar 14, 2023

How to Start Trading Penny Stocks

Penny stocks have long been marginalized within the professional investment community, oftentimes being painted with a broad brush of simply being “too risky.” Leonardo DiCaprio’s depiction of the penny stock peddling conman, Jordan Belfort, in the Wolf of Wall Street certainly didn’t help.Here are four reasons to start trading them now. Reason #1: Let’s State the Obvious -- Penny Stocks are Cheap A single share of Apple Inc. costs over $350.

Dmitry Perepelkin

published in Blogs

Mar 14, 2023

5 Habits that Lead to Successful Investing

To consistently make money in this industry, you need emotional fortitude, an analytical mind, and a willingness to self-reflect. Despite trading and investing being two different activities, these principles can be applied to both.Conversely, investors with good habits often become great traders. Rather than full sentences for titles, we’ve labeled each of our top-five investing habits using a single word principle.

Allana

published in Blogs

Mar 23, 2023

What’s the Difference Between Data Analytics and Machine Learning?

Artificial intelligence (AI) technology is developing rapidly.Data mining can deliver raw numbers, but it does not necessarily provide actionable insights. Structure is necessary to taking abstract information and extracting commonalities, like averages, ratios, and percentages.

Sergey Savastiouk

published in Blogs

Mar 13, 2023

4 Tips for Fast, Effective Stock Analysis

With just a few clicks, an investor can search for individual stocks, categories of stocks, sectors, or investment themes, and then he or she can conduct a full range of technical and fundamental analysis within seconds.All powered by Artificial Intelligence. Below, we give you 5 tips for fast, effective stock analysis using Tickeron’s Screener.

Sergey Savastiouk

published in Blogs

Mar 20, 2023

5 Golden Principles in Investing

You have enough faith in that stock, based on research, that the return will equal or exceed the investment. Do unto others.The principles outlined here will ensure that happens. Principle #1: Diversification Investors can’t be one-dimensional when constructing a portfolio.

Sergey Savastiouk

published in Blogs

Mar 15, 2023

The five most important Lessons Learned After 10,000 hours of Trading

Edward Flores

published in Blogs

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What's the Difference Between Tokens and Altcoins?

Between their inherently technical nature, multiple varieties and sub-varieties, and endless terminology, cryptocurrency (defined here as digital or virtual currencies that are encrypted using cryptography, powered by the immutable digital ledger known as the blockchain) represents a whole, complex world.All altcoins possess their own blockchain, independent from their source code, that records all transactions of their native coins. Many altcoins are variants, or forks, of Bitcoin that leverage that cryptocurrency’s open-source protocol as the basis.