(ORA) Ormat Technologies complete technical analysis [charts+indicators] | Buy/Sell Ormat Technologies | (ORA) share price targets
Complete technical analysis of Ormat Technologies (ORA) by charts plus indicators, forecast predictions and share price targets for Ormat Technologies (ORA)
Ormat Technologies trades in USA in Public Utilities sector.
Showing technical analysis as on 2024-06-28 View latest technical analysis
10 day averaged volume of Ormat Technologies is 531960
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 71.70 | 74.34 | 74.61 | 71.05 | 4.337 times |
| 27 Thu Jun 2024 | 74.09 | 72.86 | 74.15 | 72.26 | 0.638 times |
| 26 Wed Jun 2024 | 73.03 | 72.84 | 73.25 | 72.42 | 0.65 times |
| 25 Tue Jun 2024 | 73.14 | 72.92 | 73.21 | 72.22 | 1.164 times |
| 24 Mon Jun 2024 | 73.02 | 72.76 | 73.96 | 72.55 | 1.06 times |
| 21 Fri Jun 2024 | 72.35 | 70.87 | 72.61 | 70.15 | 1.912 times |
| 20 Thu Jun 2024 | 70.90 | 72.13 | 72.37 | 69.49 | 1.553 times |
| 18 Tue Jun 2024 | 73.10 | 72.91 | 74.17 | 72.63 | 0.896 times |
| 18 Tue Jun 2024 | 73.10 | 72.91 | 74.17 | 72.63 | 0.896 times |
| 17 Mon Jun 2024 | 73.28 | 73.56 | 73.92 | 72.77 | 0.638 times |
Stock of Ormat Technologies (ORA) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 72.5, but if it comes above 72.5, then a intra day buy could be more profitable.
If you take a sell trade below 72.5, then use 72.5 as stoploss and 70.9 as target. However if you take a buy trade in stock , then use 72.5 as stoploss and 73.8 as target.
Share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Target | 59.41 |
| Downside Target | 62.72 |
| Downside Target | 66.53 |
| Downside Target | 68.32 |
| Upside Target | 72.63 |
| Upside Target | 74.17 |
| Upside Target | 74.61 |
| Upside Target | 76.15 |
| Upside Target | 76.48 |
| Upside Target | 76.86 |
Intraday share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Intraday Target | 70.3 |
| Downside Intraday Target | 68.89 |
| Upside Intraday Target | 73.86 |
| Upside Intraday Target | 76.01 |
| Upside Intraday Target | 72.45 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 71.70 | 72.76 | 74.61 | 71.05 | 1.8 times |
| 21 Fri Jun 2024 | 72.35 | 72.91 | 74.17 | 69.49 | 2.843 times |
| 18 Tue Jun 2024 | 73.10 | 73.56 | 74.17 | 72.63 | 0.466 times |
| 14 Fri Jun 2024 | 73.90 | 73.36 | 76.86 | 73.04 | 0.685 times |
| 07 Fri Jun 2024 | 73.95 | 75.54 | 76.48 | 73.58 | 1.514 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Ormat Technologies (ORA)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 71.70 | 75.54 | 76.86 | 69.49 | 1.247 times |
| 31 Fri May 2024 | 75.40 | 64.36 | 76.15 | 64.13 | 0.785 times |
| 30 Tue Apr 2024 | 63.83 | 65.96 | 66.53 | 59.41 | 1.385 times |
| 28 Thu Mar 2024 | 66.19 | 65.14 | 69.81 | 63.01 | 0.893 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Ormat Technologies (ORA)
Price action analysis of Ormat Technologies ( (ORA) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Ormat Technologies ( (ORA) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Ormat Technologies ( (ORA) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ormat Technologies ( (ORA) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Ormat Technologies stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Ormat Technologies in short term but the sell signal is initial and weak.
Ormat Technologies Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Ormat Technologies in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Ormat Technologies is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 72.35 and Ormat Technologies (ORA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Ormat Technologies (ORA) stock. Volume based technical analysis of Ormat Technologies (ORA) stock is negative.
Ormat Technologies Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Ormat Technologies ( (ORA) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Ormat Technologies ( (ORA) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Ormat Technologies ( (ORA) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ormat Technologies ( (ORA) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Ormat Technologies stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Ormat Technologies in short term but the sell signal is initial and weak.
Ormat Technologies Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Ormat Technologies in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Ormat Technologies is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 72.35 and Ormat Technologies (ORA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Ormat Technologies (ORA) stock. Volume based technical analysis of Ormat Technologies (ORA) stock is negative.
Ormat Technologies Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.