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Oracle Breaks Above 200-Day Moving Average - Bullish for ORCL

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In trading on Friday, shares of Oracle Corp. (NYSE: ORCL) crossed above their 200 day moving average of $33.38, changing hands as high as $33.49 per share. Oracle Corp. shares are currently trading up about 0.5% on the day. The chart below shows the one year performance of ORCL shares, versus its 200 day moving average:

Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average, at Dividend Channel »

Looking at the chart above, ORCL's low point in its 52 week range is $29.52 per share, with $36.43 as the 52 week high point — that compares with a last trade of $33.20.


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According to the ETF Finder at ETFChannel.com, ORCL makes up 8.66% of the iShares North American Tech-Software ETF (AMEX: IGV)which is trading higher by about 0.8% on the day Friday.