Oracle stock has a bearish daily setup, with the close near the lower Bollinger band and below all three daily exponential averages. Oversold hourly readings complicate the picture, but the positive 15-minute MACD histogram is a timing signal, not a bullish daily confirmation.
On Monday, November 2, 2026, Oracle opened at $125.88, traded between a low of $118.43 and a high of $126.50, and closed at $119.22 , against a previous close of $130.67. Session volume was 58,484,300 shares.
ORCL — daily chart with candlesticks, EMA20/EMA50 and volume.
Key takeaways
Oracle stock ended Monday at $119.22 with volume of 58,484,300 shares.
Daily RSI14 is 38.34 and the daily MACD histogram is -0.09, with the MACD line at -3.26 below its signal at -3.17.
The close is just above the daily lower Bollinger band at $119.19 and below the 20-session EMA at $133.24, the 50-session at $138.74, and the 200-session at $159.50.
Hourly RSI14 is 26.03 in oversold territory, while the hourly MACD line is -3.62, below its signal at -2.05.
The 15-minute MACD histogram is 0.11, with the line at -2.13 above its signal at -2.24; price remains below the 15-minute Bollinger mid-band at $121.26.
Oracle stock faces a bearish daily structure
The daily averages are bearishly aligned . Price is below the 20-session EMA at $133.24, followed by the 50-session at $138.74 and the 200-session at $159.50. That ordering supports a bearish main scenario, with all three averages above the close.
Meanwhile, daily RSI14 stands at 38.34, below neutral 50 but not oversold. The daily MACD histogram fell to -0.09 from 0.86 in the preceding session. Its line is -3.26, below the signal at -3.17, giving the daily chart a bearish momentum confirmation.
The close sits just above the daily lower Bollinger band at $119.19 . The mid-band is $133.57 and the upper band is $147.95, placing price near the lower boundary rather than the range midpoint. Daily ATR14 increased to $7.96 from $7.64, indicating a larger average trading range than in the preceding reading.
Hourly weakness meets a mixed execution picture
Similarly, the hourly chart confirms the daily bias. The close is below the hourly 20-period EMA at $127.34, the 50-period at $129.92, and the 200-period at $135.89. These hourly averages are also bearishly aligned.
However, hourly RSI14 is 26.03, in oversold territory. The hourly MACD line remains negative at -3.62 and below its signal at -2.05; its histogram is -1.57. Oversold RSI therefore coexists with a bearish MACD reading, rather than establishing a bullish turn.
In contrast, the 15-minute MACD line at -2.13 is above its signal at -2.24. This produces a positive histogram of 0.11 . The 15-minute RSI14 is still oversold at 28.07. Price remains below the 15-minute Bollinger mid-band at $121.26 and 20-period EMA at $121.45, limiting the bullish evidence to execution context.
Offering news belongs to the post-session picture
A company announcement published after Monday’s close said Oracle had priced common stock and senior notes offerings. Oracle specified 86,206,897 common shares at a public offering price of $116.00 per share. That offering price is below Monday’s close, but it is not a chart-derived support level. The publication came after the session.
Bullish and bearish conditions for the next session
When trading resumes, the daily pivot sits at $121.38 , with first resistance at $124.34 and first support at $116.27 . For execution timing, the 15-minute pivot is $119, with first resistance at $119.56 and first support at $118.55 . Monday’s close is above the 15-minute pivot but below its first resistance.
For the bullish scenario, clearing the 15-minute first resistance at $119.56 would provide an initial condition. Reclaiming the daily pivot at $121.38 would provide stronger support, followed by a break above daily first resistance at $124.34. Even then, the daily 20-session EMA at $133.24 would remain an overhead test.
Conversely, a break below the 15-minute first support at $118.55 and the session low at $118.43 would undermine that bullish case. Daily first support at $116.27 would then become the next downside reference. These are conditional thresholds, not a forecast.
Overall, Oracle stock stands near the daily lower band, below the next-session daily pivot and beneath bearishly aligned daily averages. Daily ATR14 at $7.96 frames the volatility. The unresolved issue is whether the positive 15-minute MACD signal can gain support from the hourly and daily charts.
FAQ
What is the daily technical picture for Oracle stock?
Oracle stock shows a bearish daily structure. The close at $119.22 sits below all three daily exponential averages — the 20-session EMA at $133.24, the 50-session at $138.74, and the 200-session at $159.50. Daily RSI14 is 38.34 and the daily MACD line is below its signal.
Are there any positive signals for Oracle stock?
The 15-minute MACD histogram is positive at 0.11, with the line at -2.13 above its signal at -2.24. However, price remains below the 15-minute Bollinger mid-band at $121.26. Hourly RSI14 is oversold at 26.03, while the hourly MACD remains bearish.
What are the key levels to watch in the next session?
The daily pivot sits at $121.38, with first resistance at $124.34 and first support at $116.27. On the 15-minute chart, the pivot is $119, with first resistance at $119.56 and first support at $118.55. The daily lower Bollinger band is at $119.19.
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