By Surbhi Jain
Publication Date: 2026-01-07 17:19:00
Oracle Corp‘S (NYSE:ORCL) The diagram has simply become cumbersome – and that The timing couldn’t be worse.
The technology company’s shares took a hit Death Crosswith the 50-day moving average falling below the 200-day moving average, a technical setup that traders associate with fading momentum rather than quick reversals.
Chart created with Benzinga Pro
Shares are hovering near $193, down sharply from the 52-week high of $345 and down more than 12% last month.
The belt rolls over
The short-term picture doesn’t do Oracle any favors. The stock is trading below its 8-day and 20-day SMAs (simple moving averages), while both the 50-day SMA ($215.84) and 200-day SMA ($216.02) are well above them – classic overhead resistance.
Momentum confirms weakness: the MACD (Moving Average Convergence/Divergence) indicator is at negative 6.03, indicating increasing downward pressure, while the RSI (Relative Strength Index) near 42 indicates that the stock has not yet reached oversold territory.
Translation: Salespeople can’t be done.
