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Oracle Corp Shares Up 15.5% Since SmarTrend's Buy Recommendation (ORCL)

By James Quinn

SmarTrend identified an Uptrend for Oracle Corp (NYSE:ORCL) on January 7th, 2019 at $47.29. In approximately 3 months, Oracle Corp has returned 15.52% as of today's recent price of $54.63.

Over the past year, Oracle Corp has traded in a range of $42.40 to $54.65 and is now at $54.65, 29% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.4%.

Oracle Corporation supplies software for enterprise information management. The Company offers databases and relational servers, application development and decision support tools, and enterprise business applications. Oracle's software runs on network computers, personal digital assistants, set-top devices, PCs, workstations, minicomputers, mainframes, and massively parallel computers.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Oracle Corp shares.

Log in and add Oracle Corp (ORCL) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights oracle corp

Ticker(s): ORCL