Should You Buy Oracle Corporation (ORCL) Stock on Thursday?

Overall market sentiment has been down on Oracle Corporation (ORCL) stock lately. ORCL receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Oracle Corporation has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on ORCL!

See Full ORCL Report

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. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With ORCL Stock Today?

Oracle Corporation (ORCL) stock has risen 0.16% while the S&P 500 has fallen -0.64% as of 2:28 PM on Thursday, Jan 27. ORCL has risen $0.13 from the previous closing price of $79.61 on volume of 6,238,953 shares. Over the past year the S&P 500 is higher by 12.28% while ORCL has risen 29.03%. ORCL earned $3.44 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 23.15.

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. Click Here to get the full Stock Report for Oracle Corporation stock.