Oracle currently down 0.92% halfway through today

Oracle is down to $84.15, after ending yesterday at $84.93. Overall, a 0.92% loss or 78 cents today.

While price action maintains a negative bias, United States Participation Rate (Feb) released yesterday at 13:30 UTC with a figure of 118.3, while the previous figure was 62.4.

Positive performances can be seen by looking at other technology stocks as AMD gained 6.53%, currently at $87.37. Salesforce is up 3.71% to $182.03. Intuit added 2.88% to its value, now trading at $402.85.

Looking ahead, ongoing depreciation may be prolonged as United States Retail Sales projected to decline to -0.3% while previous data was 3%; data will be released tomorrow at 12:30 UTC. United States Core Retail Sales expected to decline to -0.1% while its preceding data was 2.3%, data will be available tomorrow at 12:30 UTC. Tomorrow at 12:30 UTC data for United States Producer Price Index will be released, with an expected decline to 0.3% from the preceding figure of 0.7%.

The stock has been trending positively for about 5 months. Oracle hit a significant low of $61.07 around 5 months ago, but has since recovered 39.07%.