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Oracle Corp Falling Today on Above-Average Volume (ORCL)

By Amy Schwartz

Oracle Corp shares are trading on heavy volume today, having fallen 5.5% to $53.21. Today's volume of 11.3 million shares tops the average 30-day volume of 10.1 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend is monitoring the recent change of momentum in Oracle Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Oracle Corp in search of a potential trend change.

Oracle Corp share prices have moved between a 52-week high of $60.45 and a 52-week low of $42.40 and are now trading 28% above that low price at $54.14 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.5%.

Keywords: unusual volume oracle corp

Ticker(s): ORCL