Saad Ullah
⬤ Oracle shares have been bleeding value in recent trading sessions, dropping to around $190 after losing grip on critical support zones. The stock's been stuck in a downward spiral since hitting its peak back in Q4, and right now the charts aren't looking pretty. Technical indicators are flashing red, and an AI-powered forecast isn't giving bulls much hope for a quick turnaround.
⬤ Looking at the price action, Oracle's come a long way down from its October high near $300. We're talking about a textbook breakdown here—lower highs, lower lows, the whole nine yards through November and December. The stock's been trading beneath its long-term trendline, which has basically turned into a ceiling at this point. There've been a few attempts to bounce back, but nothing's really stuck, with resistance sitting heavy around the $220 mark.
⬤ The momentum signals are backing up what the price is telling us. Selling pressure's been running the show for weeks now, and while we might see some short-lived relief rallies when things get oversold, the AI forecast suggests Oracle's going to keep grinding sideways or lower. Without some serious catalyst, it's hard to see where the buying power comes from.
⬤ This matters beyond just Oracle shareholders. The company's a heavyweight in enterprise software and cloud infrastructure, with deep ties to AI spending trends. When ORCL stumbles like this, it tends to drag sentiment across the broader tech sector, especially among large-cap names. Investors are trying to figure out if this is just a temporary shakeout or something more fundamental—a real reassessment of whether growth expectations were too optimistic. The combination of technical weakness and AI-driven forecasts shows how data analysis is becoming critical for navigating these choppy markets.
Saad Ullah
