Overall market sentiment has been neutral on Oracle Corporation (ORCL) stock lately. ORCL receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.
Oracle Corporation has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on ORCL!
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With ORCL Stock Today?
Oracle Corporation (ORCL) stock is trading at $87.33 as of 2:05 PM on Tuesday, Sep 21, a gain of $1.16, or 1.35% from the previous closing price of $86.17. The stock has traded between $86.12 and $87.65 so far today. Volume today is light. So far 6,115,884 shares have traded compared to average volume of 10,798,328 shares.
To see InvestorsObserver's Sentiment Score for Oracle Corporation click here.
More About Oracle Corporation
Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.
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