Oracle emits more negative signals - Analysis - 09-01-2020

2020-01-09 13:15:41 GMT (Economies.com)
 

Oracle's stock fell amid the dominance of the downward correctional trend in the short term, marking a loss of 0.06% and breaching the main upward trend line recently, with negative signals from the 50-day SMA, with negative signals from the RSI. 

 

Therefore we expect more losses for the stock, targeting the support of 52.55 anew. 

 

Expected trend for today: Bearish 

 
 
 
  Symbol Last Change Chg.%
1.1025
-0.0069
0.6179%
1.3073
0.0072
0.5534%
Tadawul
8328.76
-57.59
0.69%
18.104
0.083
0.458%
54.273
-4.505
7.665%
60.77
-1.26
2.03%
1570.630
13.715
0.881%
 
 
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