(Teleborsa) – Colorless day for Oracle, which shows a negative percentage change of 0.82% compared to the previous session.
Investors are awaiting the third quarter results that the software group will release tonight after the market closes. Analysts estimate earnings per share of $ 0.97.
If you analyze the performance of the stock with theS&P 100 on a weekly basis, it turns out that the stock is in perfect alignment with the benchmark index, in terms of relative strength.
The short-term implications of Oracle underline the evolution of the positive phase in the test of the USD 90.09 resistance area. A descent to the bottom is possible 88.21. A strengthening of the curve is expected to test new targets 91.97.