Oracle closed at $142.07 on August 20, 2026. The stock has recovered strongly from the $114.50 low, but the rebound was rejected at $159.26 and has now entered a consolidation phase.
The short-term picture is neutral, while the broader daily trend remains bearish. Price is sitting near the 20-day EMA at $142.92, but remains below the 50-day SMA at $146.52, the 100-day SMA at $164.37, and the 200-day SMA at $173.63. TradingView’s broader moving-average rating also remains bearish. TradingView technical summary
RSI is neutral at approximately 48.8, while MACD remains above its signal line. This suggests that some rebound momentum is still present, but buyers have not yet regained control. With a daily ATR near $7.11, volatility remains elevated.
Key resistance levels
- $146.50–$148.70: immediate resistance and 50-day SMA area
- $152.00–$159.26: major supply zone and recent swing high
- $164.40–$173.60: long-term moving-average resistance
Key support levels
- $141.00–$137.40: immediate support zone
- $128.80–$125.00: secondary support
- $120.00–$114.50: major demand zone and structural low
Bullish scenario
A daily close above $148.70 would improve the short-term structure and could trigger a move toward $152.00, followed by $159.26.
A sustained breakout above $159.26 would provide stronger trend-reversal confirmation, opening the way toward $164.40 and potentially $173.60.
Bearish scenario
A daily close below $137.40 would invalidate the immediate recovery attempt and expose $128.80–$125.00.
If that zone fails, the market could revisit $120.00 and the major $114.50 low. A breakdown below $114.50 would confirm the continuation of the broader bearish structure.
Fundamental context
Oracle’s cloud growth remains impressive: FY2026 cloud revenue increased 39%, while remaining performance obligations reached $638 billion. However, the company also reported negative $23.7 billion in free cash flow, reflecting the enormous investment required to expand its AI infrastructure. Oracle FY2026 results
Conclusion
ORCL is attempting to build a base, but the rebound is not yet a confirmed trend reversal. The decisive range is now $137.40–$148.70:
- Above $148.70: bullish recovery gains credibility.
- Above $159.26: broader reversal confirmation.
- Below $137.40: bearish continuation risk returns.
This analysis reflects a personal market view and is not financial advice.
Share your thoughts in the comments section of the title. I'm interested in hearing your opinion on this topic.
Thank you in advance.
Laurent
✅ DL INVEST | Community Leader
The short-term picture is neutral, while the broader daily trend remains bearish. Price is sitting near the 20-day EMA at $142.92, but remains below the 50-day SMA at $146.52, the 100-day SMA at $164.37, and the 200-day SMA at $173.63. TradingView’s broader moving-average rating also remains bearish. TradingView technical summary
RSI is neutral at approximately 48.8, while MACD remains above its signal line. This suggests that some rebound momentum is still present, but buyers have not yet regained control. With a daily ATR near $7.11, volatility remains elevated.
Key resistance levels
- $146.50–$148.70: immediate resistance and 50-day SMA area
- $152.00–$159.26: major supply zone and recent swing high
- $164.40–$173.60: long-term moving-average resistance
Key support levels
- $141.00–$137.40: immediate support zone
- $128.80–$125.00: secondary support
- $120.00–$114.50: major demand zone and structural low
Bullish scenario
A daily close above $148.70 would improve the short-term structure and could trigger a move toward $152.00, followed by $159.26.
A sustained breakout above $159.26 would provide stronger trend-reversal confirmation, opening the way toward $164.40 and potentially $173.60.
Bearish scenario
A daily close below $137.40 would invalidate the immediate recovery attempt and expose $128.80–$125.00.
If that zone fails, the market could revisit $120.00 and the major $114.50 low. A breakdown below $114.50 would confirm the continuation of the broader bearish structure.
Fundamental context
Oracle’s cloud growth remains impressive: FY2026 cloud revenue increased 39%, while remaining performance obligations reached $638 billion. However, the company also reported negative $23.7 billion in free cash flow, reflecting the enormous investment required to expand its AI infrastructure. Oracle FY2026 results
Conclusion
ORCL is attempting to build a base, but the rebound is not yet a confirmed trend reversal. The decisive range is now $137.40–$148.70:
- Above $148.70: bullish recovery gains credibility.
- Above $159.26: broader reversal confirmation.
- Below $137.40: bearish continuation risk returns.
This analysis reflects a personal market view and is not financial advice.
Share your thoughts in the comments section of the title. I'm interested in hearing your opinion on this topic.
Thank you in advance.
Laurent
✅ DL INVEST | Community Leader
액티브 트레이드
What’s your take on this stock? Would you be buying or selling at these levels?
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.