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Oracle (ORCL, $79.47) misses Q3 earnings expectations
Oracle reported third quarter earnings that were weaker than expected. The software giant’s adjusted earnings came in at $1.13 per share, falling short of the Street expectations by 5 cents.
Revenues climbed +4% to $10.5 billon. Organic revenue in application subscription products grew 10% to $3.2 billion, and overall organic revenues rose +7%, the strongest in ten years.
The company’s Cloud division revenues exceeded $2.8 billion. Profit margins in the cloud segment were 84%, which is similar that in the prior quarter.
ORCL's RSI Indicator climbs out of oversold territory
The RSI Indicator for ORCL moved out of oversold territory on May 20, 2022. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 27 similar instances when the indicator left oversold territory. In 23 of the 27 cases the stock moved higher. This puts the odds of a move higher at 85%.
Current price $71.68 crossed the resistance line at $73.42 and is trading between $73.42 resistance and $60.95 support lines. Throughout the month of 04/26/22 - 05/26/22, the price experienced a -4% Downtrend, while the week of 05/19/22 - 05/26/22 shows a +7% Uptrend.
The Stochastic Indicator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 35 of 57 cases where ORCL's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 61%.
The Momentum Indicator moved above the 0 level on May 26, 2022. You may want to consider a long position or call options on ORCL as a result. In 53 of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 65%.
The Moving Average Convergence Divergence (MACD) for ORCL just turned positive on May 25, 2022. Looking at past instances where ORCL's MACD turned positive, the stock continued to rise in 28 of 44 cases over the following month. The odds of a continued upward trend are 64%.
Following a +3.81% 3-day Advance, the price is estimated to grow further. Considering data from situations where ORCL advanced for three days, in 184 of 343 cases, the price rose further within the following month. The odds of a continued upward trend are 54%.
ORCL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
ORCL moved below its 50-day Moving Average on April 22, 2022 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 April 26, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In 11 of 20 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 55%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ORCL declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 45%.
The Aroon Indicator for ORCL entered a downward trend on May 26, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 31%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.05.
The Tickeron PE Growth Rating for this company is 11 (best 1 - 100 worst), pointing to outstanding 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 SMR rating for this company is 19 (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 34 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is 59 (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 Valuation Rating of 84 (best 1 - 100 worst) indicates that the company is slightly 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 (0.000) is normal, around the industry mean (15.782). P/E Ratio (27.322) is within average values for comparable stocks, (151.538). Projected Growth (PEG Ratio) (1.721) is also within normal values, averaging (4.540). Dividend Yield (0.018) settles around the average of (0.027) among similar stocks. P/S Ratio (4.857) is also within normal values, averaging (101.100).
Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.
The average market capitalization across the Packaged Software Industry is 6.1B. The market cap for tickers in the group ranges from 580 to 2T. MSFT holds the highest valuation in this group at 2T. The lowest valued company is NANN at 580.
The average weekly price growth across all stocks in the Packaged Software Industry was 0.84%. For the same Industry, the average monthly price growth was -12.47%, and the average quarterly price growth was -21.21%. GTSWF experienced the highest price growth at 400%, while BLVDF experienced the biggest fall at -80.08%.
- 4/27/22 5:34 AM: Oracle (ORCL, $74.51) was a top loser this week, declining -6.35%
- 3/16/22 5:12 AM: Oracle (ORCL, $80.6) was a top weekly gainer, with a +9.91% jump
- 3/3/22 7:26 AM: Oracle (ORCL, $78.28) was a top weekly gainer, with a +8.02% jump
The average weekly volume growth across all stocks in the Packaged Software Industry was -1.46%. For the same stocks of the Industry, the average monthly volume growth was 18.47% and the average quarterly volume growth was 88.06%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Positive Outlook today, backed by the BollingerBands Indicator. Tickeron has a positive outlook on this group and predicts a further increase by more than 4.00% within the next month with a likelihood of 57%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.12.
3 stocks in the group of tickers confirmed the positive outlook based on the 15 indicator with average odds of 80%.
The average market capitalization across the group is 4.6B. The market cap for tickers in the group ranges from 27M to 15.9B. AKAM holds the highest valuation in this group at 15.9B. The lowest valued company is BSQR at 27M.
The average weekly price growth across all stocks in the group was 0.06%. For the same group, the average monthly price growth was -6.78%, and the average quarterly price growth was -32.03%. AVID experienced the highest price growth at 8.68%, while ALLT experienced the biggest fall at -9.91%.
- 5/18/22 5:18 AM: Stem (STEM, $7.84) was a top weekly gainer, with a +12.97% jump
- 5/14/22 4:23 AM: Immersion (IMMR, $5.31) was a top weekly gainer, with a +16.96% jump
- 5/7/22 5:28 AM: Stem (STEM, $8.79) was a top weekly gainer, with a +22.59% jump
The average weekly volume growth across all stocks in the group was 79.09%. For the same stocks of the group, the average monthly volume growth was -2.26% and the average quarterly volume growth was 36.86%
- 4/15/22 4:33 AM: The volume for Allot stock increased for one day, resulting in a record-breaking daily growth of 396% of the 65-Day Volume Moving Average
- 3/19/22 4:44 AM: The volume for Allot stock increased for one day, resulting in a record-breaking daily growth of 609% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Oracle Corp (NYSE:ORCL), Adobe (NASDAQ:ADBE), Salesforce (NYSE:CRM), Intuit (NASDAQ:INTU), SERVICENOW (NYSE:NOW), NetEase (NASDAQ:NTES), Activision Blizzard (NASDAQ:ATVI), VMware (NYSE:VMW), Palo Alto Networks (NYSE:PANW).
Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.
The average market capitalization across the Packaged Software Industry is 6.2B. The market cap for tickers in the group ranges from 580 to 2T. MSFT holds the highest valuation in this group at 2T. The lowest valued company is NANN at 580.
The average weekly price growth across all stocks in the Packaged Software Industry was 0.68%. For the same Industry, the average monthly price growth was -9.89%, and the average quarterly price growth was -20.63%. GTSWF experienced the highest price growth at 400%, while WDRGF experienced the biggest fall at -84.3%.
- 5/18/22 5:18 AM: Stem (STEM, $7.84) was a top weekly gainer, with a +12.97% jump
- 5/14/22 4:23 AM: Immersion (IMMR, $5.31) was a top weekly gainer, with a +16.96% jump
- 5/7/22 5:28 AM: Stem (STEM, $8.79) was a top weekly gainer, with a +22.59% jump
The average weekly volume growth across all stocks in the Packaged Software Industry was 14.62%. For the same stocks of the Industry, the average monthly volume growth was 10.79% and the average quarterly volume growth was 109.87%
- 4/15/22 4:33 AM: The volume for Allot stock increased for one day, resulting in a record-breaking daily growth of 396% of the 65-Day Volume Moving Average
- 3/19/22 4:44 AM: The volume for Allot stock increased for one day, resulting in a record-breaking daily growth of 609% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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