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Morning Alert: Oracle decreases 1.2%, leads Information & communication sector lower
09 April 2019 11:11 JST

Oracle Corporation Japan (TO:4716) has decreased 1.2% to trade at JPY7,150.0 vs. the Information & communication sector which weakened 156.5 points (or 0.6%) to 26,669.0. Representing a weighting of about 29.9% of the sector, the stock accounted for 64.2% of today's loss. The shares have underperformed 93% of the market in the past week.

SECTION 1: The past week

Current indications of bearish signals that support the trend in the unusual trading

1.1 At a glance

Weekly: Oracle in its biggest weekly loss in 3 weeks April 08, 2019 15:00 JST

Oracle Corporation Japan (TO:4716), Japan's largest Information & communication company by market cap, has dropped JPY350.0 (or 4.6%) in the past week to close at JPY7,240.0. In the past week the shares have dropped 4.6%, the biggest weekly fall since March 25, 2019. Compared with the Nikkei 225 Index which rose 252.6 points (or 1.2%) in the week, this represented a relative price change of -5.8%. The volume was 1.1 times average trading per week of 900,185 shares. In the past week the market cap has declined JPY1,326 billion (US$11.9 billion).

1.2 5-day Recap

Oracle underperformed the Nikkei 225 index in 5 out of 5 days.

DayHeadlineClose price [JPY]Price change %Relative change %Comment
MondayOracle drops to three-month low7,240.0-0.7-0.5
FridayOracle continues significant downtrend; decreases 1.5%7,290.0-1.5-1.9
ThursdayOracle loses JPY568.3 billion (US$5.1 billion) in MCap, steepest heavyweight fall in Information & communication sector7,400.0-2.0-2.0Steepest Fall
TuesdayOracle loses JPY416.8 billion (US$3.7 billion) in MCap, steepest heavyweight fall in Information & communication sector7,480.0-1.4-1.4

Note

DayHeadlineClose price [JPY]Price change %Relative change %Comment
WednesdayOracle increases after finding support7,550.00.9-0.03Top Rise

SECTION 2: Technical indicators

Bearish:

The negative 266.55 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal (12-day minus 26-day Exponential Moving Averages). Both the 12-day and the 26-day EMA are falling - another bearish signal. In the past week, the stock's MACD has been negative every day, a reinforcing bearish signal.

In the Japan market, the stock's relative price strength percentile is falling at 32 for 6 months, 14 for 3 months and 2 for 1 month.

The price plummeted 15.2% in the last month.

The present value of JPY1,000 invested one year ago is JPY803 [vs JPY1,002 for the Nikkei 225 Index], including a capital loss of JPY209 and dividend reinvested of JPY11. The total return to shareholders for 1 year is -19.7%.

Note

The stock is at a discount of 26.2% to the 12-month high of JPY9,690.0 on 26 Jul, 2018. It is also at a premium of 7.7% to the 12-month low of JPY6,640.0 on 21 Dec, 2018.

SECTION 3: Ranking

DescriptionValueRank In Market
MCap $US billion243.2In Top 1%
52-week Range (in JPY)6,640.0-9,690.0
1-month Range (in JPY)7,090.0-8,620.0
RSI27.7Bullish
Williams %R-95.9Bullish
Price/MAP2000.85In Bottom Quartile

SECTION 4: Recent News of Oracle

March 22: Oracle: Flash Report for the 3rd Quarter of Fiscal Year Ending May 31, 2019

Oracle: Flash Report for the 3rd Quarter of Fiscal Year Ending May 31, 2019

Source: Tokyo Stock Exchange

March 22: Oracle: Supplemental Information / 3rd Quarter, Fiscal Year ending May 2019 (FY19) Business Result

Oracle: Supplemental Information / 3rd Quarter, Fiscal Year ending May 2019 (FY19) Business Result

Source: Tokyo Stock Exchange

March 22: Oracle: Summary of Financial Results for the Third Quarter 2019

Oracle: Summary of Financial Results for the Third Quarter 2019

Source: Tokyo Stock Exchange

Oracle Corporation Japan (TO:4716; TYO:4716; T:4716; JP:4716)

ISIN: JP3689500001

PermID: 4295878899

Source: www.BuySellSignals.com