Current Price
Open: $246.92
Day Range: $242.93 - $250.62
Volume: 11.5M
Trading Levels
Entry (Breakout): $260.87
Take Profit Target: $278.74
Stop Loss: $225.12
Box Height: $35.75
Box Type: 50MA
Squeeze: MEDIUM SQUEEZE
Key Statistics
Market Cap: $697.4B
P/E Ratio: 57.21
Dividend Yield: 0.81%
52W Low: $118.86
52W High: $260.87
Avg Volume: 13.3M
Price Chart (Last 6 Months)
Company Profile
Sector
Technology
Industry
Software - Infrastructure
Employees
162,000
Business Summary
Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning ERP, Oracle Fusion cloud enterprise performance management EPM, Oracle Fusion cloud supply chain and manufacturing management SCM, Oracle Fusion cloud human capital management HCM, and NetSuite applications suite, Oracle Health a...
Trading Strategy
Entry Signal: This stock is showing a 50MA breakout pattern. Consider entering a long position if price breaks above $260.87with volume confirmation.
Take Profit: Target price is $278.74, which is the breakout level plus the box height ($35.75).
Stop Loss: Place stop loss below $225.12to limit downside risk.
Risk/Reward: Box height of $35.75 provides favorable risk/reward when combined with proper position sizing.