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.%
1.1408
0.0066
0.5784%
1.2547
-0.0071
0.5663%
Tadawul
7380.35
-28.29
0.38%
19.177
-0.121
0.627%
40.355
-0.070
0.173%
42.94
0.23
0.54%
1809.125
-3.455
0.191%
 
 
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