What chart pattern is ChartPattern.io tracking on Oracle Corporation?
ChartPattern.io is currently tracking Diamond on Oracle Corporation in the Technology stock. Secondary context includes Bullish Flag and Rounding Bottom.
Live Technology stock scanner page for Oracle Corporation. Review the diamond setup, chart structure, and trade levels in one place.
ORCL is showing interesting structural developments at $152.94. The stock is trading at $152.94, down 5.38% on the day. Price action has carved out a classic Diamond. Buying pressure is strong relative to the 20-day average. A potential breakout level is identified at $170.7, targeting $219.82 with support near $146.14 (R:R 2.0).
ORCL is part of the Technology stock on ChartPattern.io. The scanner currently highlights Diamond as the leading setup, with an entry near $170.70, a stop around $146.14, and a target near $219.82.
Diamond
55/100 CP Index
Entry $170.70 · Stop $146.14 · Target $219.82
See how the Diamond is playing out for ORCL. View live chart.
Indecision. Widening then narrowing range.
Bullish continuation if preceding move was up.
Gradual reversal from bearish to bullish.
Reversal pattern. Price likely to break downwards.
What is your outlook on ORCL?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on ORCL.
ChartPattern.io is currently tracking Diamond on Oracle Corporation in the Technology stock. Secondary context includes Bullish Flag and Rounding Bottom.
The current trade plan points to an entry near $170.70, a stop near $146.14, and a target near $219.82.
Oracle Corporation currently leans neutral. The page is showing a CP Index of 55/100, which helps summarize the current technical setup.