Oracle Stock Jumps 6.31% Extending Two-Day Rally To 10.63%

Oracle (ORCL) posted a substantial 6.31% gain to close at $328.15 on 2025-09-22, marking its second consecutive advance and bringing the two-day rally to 10.63%. This momentum follows a volatile period after the stock surged 35.95% on 2025-09-10, reaching a peak of $345.72 before undergoing a correction. Below is a technical analysis of Oracle's current positioning based on multiple frameworks.
Candlestick Theory
Oracle's recent price action shows a bullish reversal pattern following the 09-10 peak. The two consecutive long green candles (09-19 and 09-22) after a brief consolidation phase suggest renewed buying pressure. Key resistance is established at $345.72 (09-10 high), while support converges near $297.29 (09-15 low) and $291.75 (09-12 swing low). The breakout above the consolidation high of $319.97 (09-16) on above-average volume reinforces bullish sentiment.
Moving Average Theory
Oracle trades decisively above all key moving averages, confirming a strong uptrend. The 50-day, 100-day, and 200-day moving averages exhibit bullish alignment (shortest > longest), with the 200-day MA serving as primary dynamic support near $245–$250. The stock’s bounce from the 50-day MA after the post-09-10 correction highlights its role as support. Sustained price leadership above these MAs underscores bullish momentum.
MACD & KDJ Indicators
The MACD (12,26,9) shows a bullish crossover emerging below the zero line, indicating recovering upward momentum. Concurrently, KDJ signals an overbought condition, with the K-line (89) and D-line (82) converging above 80 after crossing upward. While this suggests near-term exuberance, the MACD histogram’s nascent positive turn implies potential trend continuation. Divergence is noted: KDJ’s overbought reading conflicts with MACD’s early-stage recovery, warranting caution if volume stagnates.
Bollinger Bands
Bollinger Bands (20-day, 2σ) expanded sharply during the 09-10 rally and subsequent correction, reflecting elevated volatility. The current price hugs the upper band ($332–$335), indicating bullish strength but also overextended conditions. Narrowing band width post-correction preceded the recent upside breakout, validating the move. A close above $330 could reinforce bullish bias, though mean-reversion risk persists near the band’s upper edge.
Volume-Price Relationship
Volume confirms the rally’s sustainability. The 09-10 surge occurred on record volume (131.6M shares), while the 09-19 and 09-22 advances saw significantly higher turnover (40.8M and 44.2M shares, respectively) compared to prior down days. This volume accumulation during advances signals institutional participation. Divergence occurred during the 09-11/09-12 sell-off, which featured elevated volume, confirming distribution before the current recovery.
Relative Strength Index (RSI)
The 14-day RSI reads 76, above the overbought threshold of 70. This suggests near-term exhaustion but remains contextually less alarming in strong trends. Historically, Oracle’s RSI has peaked above 80 (e.g., 09-10: 86), allowing room for upside before severe reversal signals. The RSI’s ascent alongside price maintains bullish confirmation, but traders should monitor for bearish divergence on new highs.
Fibonacci Retracement
Applying Fibonacci to the 09-10 high ($345.72) and 09-12 low ($291.75), key retracement levels are $304.49 (23.6%), $312.37 (38.2%), $318.74 (50%), $325.10 (61.8%), and $334.16 (78.6%). Oracle has convincingly breached the 61.8% level ($325.10), closing at $328.15. This breakout projects a retest of the 78.6% resistance ($334.16) and possibly the all-time high. The 61.8% level now acts as support, aligning with the $325 psychological level.
Concluding Synthesis
Confluence occurs across indicators: Bullish candlestick patterns, moving average alignment, volume-backed rallies, and Fibonacci breakout collectively validate Oracle’s upward trajectory. Primary divergence lies in overbought oscillators (RSI, KDJ) amidst moderate MACD recovery, suggesting near-term consolidation or pullback risk. Probabilistically, the breakout above $325.10 Fibonacci resistance and supportive volume favor upside continuation toward $334.16 and $345.72, provided the price holds above $318.74. Traders should remain alert to volume degradation or closes below $325.10, which may trigger profit-taking toward $312–$318 support.