ORCL +3% Gains, Eyes $185–$196 Resistance
$Oracle(ORCL)$
Oracle Corporation (ORCL) Surged +2.98%: Tech Giant Reclaims Momentum, Eyes $185+ Resistance
Latest Close Data
Closed at $182.44 (EST 01/26/2026), up +2.98% (+$5.28). Current price is approximately 47% below its 52-week high of $345.72.
Core Market Drivers
Positive net capital inflow of ~$27M on the day indicates renewed buying interest. Recent volatility may be stabilizing as short volume ratios have declined from peaks above 15% in late December to around 5-6% recently.
Technical Analysis
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Volume was 21.1M shares (VR 0.81), below average, suggesting cautious participation.
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RSI(6) at 44.07 is rising from oversold levels (<30) but remains neutral, indicating potential for further upside.
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MACD (-1.61) remains negative but is showing signs of convergence, hinting at weakening downward momentum.
Key Price Levels
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Primary Support: $180.6 (previous resistance-turned-support).
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Strong Resistance: $196.6 (key technical hurdle).
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Immediate Pivot: $185.31 (today's high). A sustained break above could accelerate gains.
Valuation Perspective
Forward P/E of 24.74 is slightly above its historical average of 24.55 but within one standard deviation. TTM P/E of 34.25 and P/S of 8.59 reflect a premium valuation typical for a dominant cloud/software player.
Analyst Targets
37 analysts have an average price target of $289.60 (58% upside). Sentiment is bullish with 13 Strong Buy, 20 Buy, 10 Hold, and 2 Underperform ratings.
Weekly Outlook
Expect consolidation between $180 and $186. A decisive break above $185.31 could target the $190-$196 zone. Failure to hold $180 support may see a retest of lower levels near $178.5.
Risk Disclaimer
This analysis is for informational purposes only and not financial advice. Past performance does not guarantee future results. Investing involves risk, including potential loss of principal. Always conduct your own research.
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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- AuntieAaA·00:22GoodLikeReport
