Eben@CANSLIM ResearchOracle (ORCL) is entrenched in a Stage 4 downtrend, trading below a declining 30-week moving average and failing eight of eight trend-template checks. The stock is attempting to form a 46-week base, but its 64.6% depth classifies it as a faulty deep base with an elevated failure rate. With a bearish sentiment score of -8, the technical setup suggests avoiding long positions until a proper base and breakout emerge.
Technical Analysis
As of 2026-08-12 · Close $153.28
Stage Analysis
Stage 4 (Declining) — Price below a declining 30-week MA — downtrend (30-week MA 6-week slope: -5.79%)
Detected Patterns — What the Market Is Watching
- Deep Base (>33% — elevated failure rate) — depth 64.6%, length 46 weeks, pivot $324.63. Base formed from 2025-09-10 (left-side high) to 2026-08-12, with the low of $114.99 set on 2026-07-24
- Power Play candidate (strong momentum, watching for a tight flag to form)
⚠️ Faulty cup warning: the base is 64.6% deep (above the 38–40% threshold). A correction this deep leaves heavy overhead supply — trapped holders from higher prices are likely to sell into any rally, raising the failure rate of a breakout from this base.
Subscribe to continue reading
Become a paid subscriber to get access to the rest of this post and other exclusive content.
