Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Oracle's stock (ORCL) gained 0.67% in the last session amid positive pressure from the 50-day SMA, with the dominance of the main upward trend in the medium term, coupled with positive signals from the RSI despite reaching overbought levels.
Therefore we expect more gains for the stock, targeting the resistance of 76.50, provided it holds above 70.06.
Expected trend for today: Bullish