ORCL Daily Technical Analysis
Oracle Corporation
A global enterprise software and cloud infrastructure provider offering databases, ERP systems, and cloud services. Known for its mission-critical business software and rapidly growing Oracle Cloud Infrastructure (OCI).
ORCL Technical Analysis Summary
Oracle has suffered a significant technical breakdown, confirming a complex top formation by slicing through key support levels and the 50-day SMA on high volume. The stock is currently in a freefall phase, deeply oversold (RSI 27.63), and approaching a critical test of the long-term 200-day SMA near 150. While the oversold conditions may prompt a temporary relief bounce, the prevailing momentum is aggressively bearish until a base can be formed.
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ORCL Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
The price is in a steep vertical decline, trading well below the 20-day and 50-day SMAs. Momentum is strongly negative with the MACD histogram expanding downwards and the MACD line crossing further below the signal line. Heavy selling volume accompanies the drop.
Long-term Sentiment (weeks to months): Neutral
While the primary uptrend has been broken with the loss of the 50-day SMA and the breakdown of a top structure, the price remains above the long-term 200-day SMA (approx. 150), which serves as the last major line of defense for the macro bull trend.
Report Metadata
- Timeframe: daily
- Generated at: 2026-02-03T15:08:16.517Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $155.49 | $155.47 - $155.50 | Weak | Immediate support at the Lower Bollinger Band (currently being tested). |
| $150.00 | $148.00 - $152.00 | Strong | Confluence of the rising 200-day SMA and psychological 150 level. |
| $140.00 | $138.00 - $142.00 | Strong | Structural support from consolidation lows seen mid-chart (May-June period). |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $174.00 | $172.00 - $176.00 | Strong | Recent breakdown zone and previous swing lows (neckline of the top formation). |
| $183.66 | $182.32 - $185.00 | Strong | 20-day SMA and Bollinger Band basis line. |
| $193.95 | $192.89 - $195.00 | Strong | 50-day SMA and recent right shoulder highs. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Head and Shoulders (Complex Top) | Bearish | $145.00 | A distribution pattern with a head around 205 and shoulders near 190-195. The neckline around 170-175 has been decisively broken. |
| Weak | Oversold Condition | Bullish | N/A | RSI is at 27.63, well below the 30 threshold, suggesting the selling pressure may be overextended short-term. |
Frequently Asked Questions about ORCL
What is the current sentiment for ORCL?
The short-term sentiment for ORCL is currently Bearish because The price is in a steep vertical decline, trading well below the 20-day and 50-day SMAs. Momentum is strongly negative with the MACD histogram expanding downwards and the MACD line crossing further below the signal line. Heavy selling volume accompanies the drop.. The long-term trend is classified as Neutral.
What are the key support levels for ORCL?
StockDips.AI has identified key support levels for ORCL at $155.49 and $150.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is ORCL in a significant dip or a Value Dip right now?
ORCL has a Value Score of 115/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.