ORCL Stock Confirms Bullish Cup-and-Handle Pattern with 60.45% Target Odds
On May 09, 2023, a bullish Cup-and-Handle pattern was detected on ORCL (Oracle Corporation) stock, with confirmation on May 10, 2023. This is a significant technical indicator that could suggest a potential upward trend for the stock.
The Cup-and-Handle pattern is a reliable technical analysis tool used to identify potential bullish trends in a stock's price movement. It is formed when the price of security declines, forming a U-shaped rounded bottom, followed by a short, relatively straight price decline known as the handle.
The Cup-and-Handle pattern is a continuation pattern, meaning it suggests that the stock's previous trend, in this case, a downtrend, will continue in an upward direction. It is a signal that traders and investors can use to identify potential buying opportunities.
Based on the pattern's confirmation, traders and investors can consider buying ORCL stock at the upward breakout price or entry point. The confirmation move is when the security moves past the breakout price above the right cup lip, indicating a potential uptrend in the stock's price.
According to the odds, there is a 60.45% chance that ORCL stock will reach the target price. While there are no guarantees in trading, the Cup-and-Handle pattern's high probability suggests that traders and investors can consider buying ORCL stock with a bullish outlook.
Overall, the bullish Cup-and-Handle pattern identified in ORCL stock on May 09, 2023, suggests a potential upward trend in the stock's price movement. Traders and investors can use this pattern to identify potential buying opportunities, with a high probability of reaching the target price. However, it is important to remember that trading involves risk, and traders should always exercise caution and perform thorough research before making any investment decisions.
Momentum Indicator for ORCL turns positive, indicating new upward trend
ORCL saw its Momentum Indicator move above the 0 level on March 06, 2026. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 71 similar instances where the indicator turned positive. In of the 71 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where ORCL's RSI Indicator exited the oversold zone, of 27 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for ORCL just turned positive on February 12, 2026. Looking at past instances where ORCL's MACD turned positive, the stock continued to rise in of 35 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ORCL advanced for three days, in of 348 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 66 cases where ORCL's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
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 of 62 cases within the following month. The odds of a continued downward trend are .
ORCL broke above its upper Bollinger Band on March 11, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for ORCL entered a downward trend on February 17, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
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 Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued 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 (15.649) is normal, around the industry mean (39.194). P/E Ratio (30.662) is within average values for comparable stocks, (138.876). Projected Growth (PEG Ratio) (1.286) is also within normal values, averaging (1.544). Dividend Yield (0.012) settles around the average of (0.028) among similar stocks. P/S Ratio (7.734) is also within normal values, averaging (75.520).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. ORCL’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ORCL’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 95, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average 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.
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General Information
a developer of a diversified line of business software products
Industry ComputerCommunications
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