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What Oracle’s RSI and Volatility Indicate about Its Stock

What Oracle’s RSI and Volatility Indicate about Its Stock

Oracle’s (ORCL) 14-day RSI is 21, indicating that the company’s stock is in oversold territory. If an RSI figure is above 70, it indicates that the company’s stock may fall soon, as it has been overbought. An RSI figure below 30 suggests that a stock may rise soon, as it has been oversold.