The daily chart structure for Oracle stock is bearish, with the closing price near the lower Bollinger Band and below all three daily exponential moving averages. The hourly readings are in oversold territory, complicating the picture, but the positive MACD histogram on the 15-minute chart is merely a point-in-time signal and does not constitute a daily-level bullish confirmation.
On Monday, November 2, 2026, Oracle opened at $125.88, reached an intraday low of $118.43 and a high of $126.50, and closed at $119.22, compared to the previous close of $130.67. The trading volume for the day was 58,484,300 shares.
Key points
- The daily RSI(14) is 38.34, the daily MACD histogram is -0.09, the MACD line is -3.26, below the signal line at -3.17.
- The closing price was only slightly above the lower Bollinger Band at $119.19, but below the 20-day EMA at $133.24, the 50-day EMA at $138.74, and the 200-day EMA at $159.50.
- The hourly RSI(14) is at 26.03, indicating an oversold condition; the hourly MACD line is at -3.62, below the signal line at -2.05.
- The 15-minute MACD histogram is 0.11, the MACD line is -2.13, above the signal line at -2.24; however, the price remains below the 15-minute Bollinger Band middle line at $121.26.
Oracle stock faces a bearish daily chart structure.
The daily moving averages are arranged in a bearish configuration. The price is below the 20-day EMA at $133.24, followed by the 50-day EMA at $138.74 and the 200-day EMA at $159.50. This alignment supports the bearish base case, as all three moving averages are above the closing price.
Meanwhile, the daily RSI14 is at 38.34, below the neutral level of 50 but not yet in oversold territory. The daily MACD histogram has declined from 0.86 on the previous trading day to -0.09, with the MACD line at -3.26, below the signal line at -3.17, confirming a bearish momentum on the daily chart.
The closing price is just above the lower Bollinger Band at $119.19 on the daily chart. The middle band is at $133.57, and the upper band is at $147.95, indicating that the price is closer to the lower end of the range rather than the midpoint. The daily ATR(14) has risen to $7.96, above the previous reading of $7.64, suggesting a larger average trading range compared to the prior measurement.
Hourly chart shows weakness alongside mixed execution signals.
Similarly, the hourly chart confirms the bearish bias on the daily timeframe. The closing price is below the hourly 20-period EMA at $127.34, the 50-period EMA at $129.92, and the 200-period EMA at $135.89, all of which are also arranged in a bearish alignment.
However, the hourly RSI14 is at 26.03, indicating an oversold condition. The hourly MACD line remains negative at -3.62, below the signal line at -2.05, with a histogram of -1.57. Thus, the oversold RSI coexists with a bearish MACD reading, rather than signaling a bullish reversal.
In comparison, the MACD line on the 15-minute chart at -2.13 is above the signal line at -2.24, forming a positive histogram of 0.11. The 15-minute RSI(14) remains in oversold territory at 28.07. Price is still below the 15-minute Bollinger Band middle line at $121.26 and the 20-period EMA at $121.45, so bullish evidence is limited to short-term execution-level signals.
After-hours information reflects the market situation after closing.
Long/Short conditions for the next trading session
When trading resumes, the daily pivot point is at $121.38, with the first resistance at $124.34 and the first support at $116.27. Regarding execution timing, the 15-minute pivot point is at $119, with the first resistance at $119.56 and the first support at $118.55. The Monday closing price was above the 15-minute pivot point but below its first resistance level.
In a bullish scenario, a breakout above the 15-minute first resistance at $119.56 would provide initial confirmation. Reclaiming the daily pivot point at $121.38 would offer stronger support, and a subsequent breakout above the daily first resistance at $124.34 would further reinforce the bullish momentum. Nevertheless, the daily 20-day EMA at $133.24 will remain a key upward challenge.
Conversely, a break below the 15-minute first support at $118.55 and the intraday low at $118.43 would weaken this bullish scenario. In that case, the daily first support at $116.27 would become the next downside reference. These are conditional thresholds, not predictions.
Overall, Oracle's stock price is near the lower band of the daily Bollinger Bands, below the daily pivot point for the next trading session, and positioned beneath the bearish alignment of the daily moving averages. The daily ATR(14) stands at $7.96, defining the volatility range. It remains to be seen whether the positive MACD signal on the 15-minute chart will be confirmed by support from the hourly and daily timeframes.
Frequently Asked Questions
What is the daily technical outlook for Oracle stock?
Oracle stock exhibits a bearish daily chart structure. The closing price of $119.22 is below all three daily exponential moving averages: the 20-day EMA at $133.24, the 50-day EMA at $138.74, and the 200-day EMA at $159.50. The daily RSI(14) stands at 38.34, and the daily MACD line is below its signal line.
Are there any positive signals for Oracle stock?
The 15-minute MACD histogram is 0.11, the MACD line is -2.13, above the signal line at -2.24. However, the price remains below the 15-minute Bollinger Band middle line at $121.26. The hourly RSI(14) is 26.03, in the oversold zone, while the hourly MACD remains bearish.
What key levels should you watch for in the next trading session?
The daily pivot point is at $121.38, with the first resistance at $124.34 and the first support at $116.27. The 15-minute pivot point is at $119, with the first resistance at $119.56 and the first support at $118.55. The lower Bollinger Band on the daily chart is at $119.19.
Disclaimer
This article is for informational purposes only and does not constitute financial advice, investment advice, or an offer or solicitation to buy or sell any financial instrument. The analysis provided does not guarantee future results. Investing in financial markets carries a high risk of capital loss. Always conduct your own research (DYOR) and consult a qualified financial advisor before making any decisions.
Cryptonomist and the author hold no positions in the financial instruments mentioned in this article and have received no compensation from the reported companies.
This article was generated with the assistance of artificial intelligence and reviewed by the editorial team.
Lorenzo Marcek
Lorenzo Marcek is a financial journalist and seasoned cryptocurrency market analyst known for his clear, data-driven reporting on digital assets. With a background in economics and over a decade of experience covering global markets, he focuses on on-chain metrics, institutional adoption trends, and macro-driven fluctuations in the crypto market. His work combines investigative journalism with technical market insights, making him a trusted voice for traders seeking solid, actionable analysis.