[Music] is it time to buy or sell Oracle stock in this video we will explore Oracle in depth our initial report was released on our website on Tuesday the 10th of September 2024 and now we are here to offer you an even more comprehensive analysis remember to subscribe hit the like button and turn on the notification Bell to stay informed about our latest analyses you won't want to miss any important updates that could affect your Investments enhance your trading Decisions by trying our newly launched AI stock analysis tool powered by gp4 at stockinvest.us Leverage The Power of AI and receive free Price predictions and in-depth analysis for anyone among 25,000 companies worldwide today please keep in mind that this video is for informational purposes only and should not be regarded as Financial advice since the 10th of September 2024 our system has ranked Oracle as a hold or accumulate assigning it a score of zero now let's examine the Stock's performance during this time frame the stock has experienced natural fluctuations but it currently reflects a loss of 0% since our initial hold or accumulate recommendation a score of zero indicates that our system projects significant volatility and risk for the upcoming trading day given the latest developments we find it challenging to predict the Stock's next direction as it could potentially move in either direction the stock has broken through a wide and horizontal upward Trend such breaks often lead to Swift and strong movements any correction back to the breake line at approximately $143 95 is seen as a second chance to capitalize on a potential upward movement it is crucial that trading volume accompanies the price changes as false breaks can occur and the stock May revert to the horizontal Trend according to the rectangle formation Theory the stock is anticipated to reach $162 55 sometime within the next 3 months the current 3-month Trend indicates a potential decrease of 1 .3% over this period with possible returns ranging from a decline of 20.42% to a decline of 8.61% looking at the 12-month Trend it suggests a change of 34.1 15% over the next year with potential returns between 9.72% and 25.36 this translates to a price range of $171 and4 to 9543 after 1 year our latest daily update for Oracle includes the headline Oracle stock price up more than 11.4 4% on Tuesday the Oracle stock price gained 11.44% on the last trading day which was Tuesday the 10th of September 20124 the price Rose from $139 189 to15 $5.89 during that trading day the stock fluctuated by 4.82% reaching a low of $153.4 and a high of $16.52 over this period the stock has shown volatility with a total gain of 12.23% over the last 2 weeks notably the volume increased on the last day alongside the price signaling a positive technical Trend with a total of 21 million more shares traded than the previous day in total 35 million shares changed hands amounting to approximately 5 b450 million looking at the past 52 weeks the highest price reached was $1 16052 while the lowest was $992 currently the price sits 2.88% or $463 below the 52e high of $16.52 which also marks the all-time high for the stock Oracle Corporation trading under the ticker orcl is experiencing a notable increase in its stock price following the release of impressive fiscal first quarter earnings which surpassed both revenue and earnings expectations the stock Rose by more than 10% in today's trading as investors responded positively to oracle's strong performance and strategic initiatives moreover oracle's new partnership with Amazon web services represents a crucial development facilitating connectivity between Oracle databases and AWS applications this collaboration scheduled to commence in 2025 positions Oracle to benefit from the growing demand for cloud services promising a low latency connection between the two platforms analysts are optim mytic that this multicloud strategy will bolster oracle's growth prospects potentially leading to A Renewed acceleration in Revenue in a more favorable economic climate additionally oracle's chairman Larry Ellison revealed plans for an Innovative data center powered by three small modular nuclear reactors underscoring the company's commitment to pioneering Energy Solutions Ellison also anticipates a$1 100 billion boom in artificial intelligence signifying Oracles in intention to lead in AI Technologies in the short term these positive earnings and strategic initiatives are likely to sustain upward momentum in oracle's stock drawing more institutional and Retail investors in the long run if Oracle successfully harnesses its new partnership and continues to innovate within the cloud and AI sectors it could greatly enhance its competitive position and market share fostering sustainable growth in both revenue and stock price analyst ratings on Tuesday the 10th of September 2024 it was reported that Bank of America Securities assigned Oracle a neutral grade with a hold action on the same day JMP Securities rated Oracle as Market outperform with an upgrade action also on that date cfra provided Oracle with a hold grade alongside a hold action in addition evercore isi rated Oracle as outperform while recommending a hold action finally on that same day William Blair assigned Oracle an outperform grade with a hold action as well analysts have assigned Oracle stock a general neutral rating they categorize the price to earnings ratio as strong sell and the price to book ratio as strong sell in terms of return on investment the analysts have given the stock a buy rating the following signals have been ident identified for Oracle the Oracle stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock also there is a general Buy Signal from the relation between the two signals where the short-term average is above the long-term average on Corrections down there will be some support from the lines at $1 14311 and 137 is 54 a breakdown below any of these levels will issue sell signals a Buy Signal was issued from a pivot bottom point on Wednesday August 7th 2024 and so far it has risen 23.82 per. further rise is indicated until a new top pivot has been found furthermore there is a Buy Signal from the 3-month moving average convergence Divergence MCD volume is rising along with the price this is considered to be a good technical signal here are some additional signals you might find intriguing moving average convergence Divergence indicates a Buy Signal pivots showed a Buy Signal 24 days ago Ballinger revealed a Buy Signal just one day ago the short-term moving average indicated a sell signal 3 days ago the long-term moving average presented a Buy Signal 16 days ago the relationship between the short and long moving averages suggested a Buy Signal 14 days ago observing the 12-month chart we can note the short moving average indicat ated a Buy Signal 20 days ago the long-term moving average also showed a Buy Signal 24 days ago the relationship between the short and long moving averages indicated a Buy Signal 153 days ago for more signals remember to visit our page at stockinvest.us support risk and stop-loss for Oracle on the downside the stock finds support just below today's level from accumulated volume at 14068 and 14038 there is a natural risk involved when a stock is testing a support level if this is broken the stock May then fall to the next support level in this case Oracle finds support just below today's level at 14068 if this level is breached the next support from accumulated volume will be at 14038 and 139.99 generally the stock tends to exhibit very controlled movements and with good liquidity the risk is considered very low for this stock during the last day the stock moved 7.39 between its high and low which represents a change of 4.82% over the past week the stock has experienced an average daily volatility of 3.03% before we dive into the potential Trading levels for Oracle let's quickly cover some essential fundamental data first let's discuss the price to earnings ratio commonly referred to as the PE Ratio this vital ratio measures a company's current share price in relation to its earnings per share this is a relatively standard PE ratio often observed in companies with established histories or predictable revenue streams in other news the upcoming earnings report for the fourth quarter of 2024 is anticipated on the 9th of December 2024 analysts consensus estimates stand at $146 it is important to keep an eye on these figures as they can significantly influence stock prices now let's discuss some potential day trading levels for Oracle there's no significant resistance from accumulated volume above which suggests that the stock could move upward swiftly under favorable conditions in this case you might consider entering a position and using volume to guide your exit strategy on the downside Oracle meets its first support level at 14068 if this support level holds it could present a good entry point anticipating a potential rebound the combined average rating for Oracle from various analyst sources is neutral now let's examine some recent Insider trades on the 5th of September 2024 Smith Maria made an Insider purchase of 12,500 shares of common stock on the same day Smith Maria also conducted an Insider sale of 6,500 shares of common stock additionally on the 5th of September 2024 Smith Maria sold 12,500 shares of restricted stock unit on the 5th of August 2024 Screven Edward made an Insider purchase of50 ,000 shares of common stock on that same day Screven Edwards sold 24790 shares of common stock analyzing the 100 most recent Insider trades we find that The Insider power is positive with a ratio of 4713 in total insiders purchased 7,198 n23 shares and sold 6,445 546 shares in the last 100 trades our recommended stoploss is set at 5047 indicating a decline of 3.48% this stock exhibits low daily fluctuations which translates to a lower risk profile however the relative strength index measured over 14 periods sits at 76 significantly elevating the risk a Buy Signal has emerged from a pivot bottom identified 45 days ago is Oracle stock a good buy Oracle presents several positive indicators however we still do not regard these as sufficient for a buy recommendation at this juncture it is better viewed as a hold candidate suggesting that investors should maintain their current positions or accumulate more shares while awaiting further developments since our last assessment we have upgraded our analysis from a sell recommendation to a hold or accumulate position for this stock upon examining the volatility and movements from the previous trading day our systems indicate that the current price is undervalued for trading on Wednesday the 11th of September we anticipate Oracle will open at 625 10,000 of a dollar starting its trading session at $1 15652 we REM remind you that trading involves a high risk of losing money and that you should consult with a financial adviser before buying or selling any Securities you should not base your investment decisions on stockinvest.us by using this information you agree to take responsibility for your own investment decisions here is our current perspective on the stock do you concur or disagree we invite you to share your thoughts in the comments section what is your target for this stock remember to show your support by liking and subscribing we wish you successful trading and hope you have a wonderful day with warm regards from everyone here at stock invest