Core Insights - Oracle Corporation (NYSE:ORCL) triggered a significant Power Inflow alert, indicating bullish activity in the stock driven by both institutional and retail order flow data [2][3]. Group 1: Power Inflow Signal - The Power Inflow signal was triggered at a price of $310.16 on October 16, 2023, following a pullback in the stock price earlier in the day [3]. - The alert indicates a strong trend towards buying activity, suggesting a high probability of bullish price movement for the rest of the trading day [4]. - Following the Power Inflow signal, ORCL's price increased to an intraday high of $322.54, representing a 4.0% gain [6]. Group 2: Order Flow Analytics - Order flow analytics provide insights into real-time buying and selling trends by examining volume, timing, and order size across retail and institutional traders [5]. - These analytics help traders understand price behavior and market sentiment, enabling more informed decision-making [5]. - The effectiveness of the Power Inflow signal demonstrates the value of monitoring order flow data to identify bullish intraday activity [6].
Oracle Shares Rise 4% After Key Trading Signal, Hitting Intraday High