Analyst Recommendations for Oracle
Oracle Cloud at Customer: Oracle's Race to Win in the Cloud Space
Oracle’s shareholder returns and stock trends
As of March 30, 2016, Oracle (ORCL) stock has lost a value of ~4% for the trailing-12-month period. However, it has generated returns of 10.9% for the trailing-one-month period. Oracle’s share price has fallen 0.44% in the trailing five-day period.
By comparison, Salesforce (CRM), SAP (SAP), and Microsoft (MSFT) have generated returns of -0.39%, -0.55%, and 0.89%, respectively, in the trailing five-day period.
Oracle’s moving averages, convergence divergence, and RSI
On March 30, 2016, Oracle’s last trading price was $40.97. The stock was trading 5% above its 20-day moving average of $39, 11% above its 50-day moving average of $37, and 11% above its 100-day moving average of $37. A company’s MACD (moving average convergence divergence) is the difference between its short-term and long-term moving averages. Oracle’s 14-day MACD of 1.5 shows an upward trading trend, as the figure is positive.
Oracle’s 14-day RSI (relative strength index) is 68, which shows the stock is almost overbought. If an RSI is above 70, it indicates that the company’s stock has been overbought. An RSI figure below 30 suggests that a stock has been oversold.
Analyst recommendations for Oracle
Of the 41 analysts covering Oracle stock, 23 have issued “buy” recommendations, four have issued “sell” recommendations,” and 14 have issued “hold” recommendations. The analyst stock price target for Oracle is $44.34, with a median target estimate of $44.
Oracle (ORCL) constitutes 0.73% of the SPDR S&P 500 ETF (SPY) and 3.1% of the Technology Select Sector SPDR ETF (XLK).
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