Oracle Stock Forecast: Retreats After Post-Earnings Surge, Breaches $150 and May Drop to $115

TradingKey
8 hours ago

TradingKey - Oracle (ORCL) stock price has weakened noticeably recently. Following the latest earnings release, ORCL surged after-hours driven by rapid OCI growth and strong AI orders, but quickly pulled back after opening higher above $164 on September 11. On September 14, it fell a further 3.65%, losing the $150 level to close at $144.79, touching an intraday low of $141.01. Compared to its interim high of $170.70 on September 8, short-term gains have been largely erased.

Oracle daily stock price chart, Source: TradingView

Looking at the daily chart of Oracle's stock price, the overall price action since September 2025 exhibits a clear pattern of lower highs and lower lows, indicating that the overall stock price trend remains in a downward trajectory.

In terms of recent price action, although the stock rallied to $166 last Friday, it reversed gains on the same day to close down 1.74%, driving market sentiment back to bearish.

Currently, the stock has consecutively broken below its 5-day, 10-day, 20-day, and 60-day moving averages, further strengthening bearish momentum and suggesting that short-term price weakness may persist.

To the downside, the primary support level to watch is near $137. If this level fails to hold, the stock may further test the July low near $115. If broken, it could open up deeper downside room, potentially falling toward the $100 mark.

To the upside, the primary resistance level to monitor is near Monday's gap down at $150. If the stock can hold above $150, it will open up room for a rebound toward $170. A breakthrough above $170 could potentially set the stage to test the $200 level.

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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