Oracle (ORCL) gained 36% in Q3, and with earnings due Sept 9, oversold signals suggest a possible bullish rebound from recent pullback.
Oracle Corporation’s (symbol ‘ORCL’) share price had a great third quarter with a massive 36% gain. The company’s earnings report for the fiscal quarter ending August 2025 is expected to be released on Tuesday, September 09th, after the close of the market. The consensus EPS is $1.15, slightly down from $1.18 in the same quarter last year.
In the aftermath of the last earnings release, the share price jumped 13% after a bullish gap that was never retested and has continued trading up, reaching a new all-time high of around $260. The main reason for this bullish rally was the improved net profit figures quarter over quarter, as well as the increase in total assets by around $7,000,000, while the total liabilities only grew by around $3,000,000.
Technical analysis shows the price has rebounded from its all-time high around $260 and has since corrected to the downside. Currently, it is testing the support of the lower band of the Bollinger bands while the moving averages are still validating an overall bullish trend despite the recent sell-off. As a result, the Stochastic oscillator has been pushed to extreme oversold levels, which could potentially hint at a bullish resumption in the upcoming sessions. In the event of a continuation of the minor bearish trend, then the first area of possible support might be found around $210 area, which is the psychological support of the round number, the 38.2% of the weekly Fibonacci retracement level, as well as an area of price reaction in mid June.
Shares of Adobe Inc. (symbol ‘ADBE’) have incurred losses in the last quarter of around 17%. The company’s earnings report for the fiscal quarter ending August 2025 is due for release on Thursday, 11th September, after the market closes. The consensus EPS is $4.21, against $3.81 in the same quarter last year.
As of 31/05/2024, the company had a current ratio of 99%, meaning that it does not have the ability to repay any short-term obligations with the current assets at hand and, therefore, is not safe from any minor financial turbulence. Also, total assets outweigh total liabilities at a ratio of just shy of 2:1, while long-term debt increased by 49.41% year over year. All these indications show that Adobe is facing some financial pressure, which is displayed on the daily chart.
From the technical analysis perspective, the price seems to be forming a double bottom with the lower band of the Bollinger bands currently acting as a support. The 50-day simple moving average is trading below the 100-day validating the overall bearish trend in the market while the Stochastic oscillator is near the extreme oversold levels. The Bollinger bands are still quite expanded hinting that there is momentum to support any short term sharp moves to either direction. Approaching the earnings release date the volatility is probably going to increase especially if the actual figure of the EPS beats the expectations.
Disclaimer: The opinions in this article are personal to the writer and do not reflect those of Exness.
Michael is a financial content manager at Exness. He's been investing for around the last 15 years and trading CFDs for about the last nine. He favors consideration of both fundamental analysis and TA where possible.