(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 2024-07-02 View latest technical analysis
10 day averaged volume of Ormat Technologies is 740810
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 69.28 | 68.88 | 69.95 | 68.69 | 0.735 times |
| 01 Mon Jul 2024 | 69.20 | 71.68 | 71.89 | 68.88 | 0.588 times |
| 28 Fri Jun 2024 | 71.70 | 74.34 | 74.61 | 71.05 | 3.114 times |
| 27 Thu Jun 2024 | 74.09 | 72.86 | 74.15 | 72.26 | 0.458 times |
| 26 Wed Jun 2024 | 73.03 | 72.84 | 73.25 | 72.42 | 0.467 times |
| 25 Tue Jun 2024 | 73.14 | 72.92 | 73.21 | 72.22 | 0.836 times |
| 24 Mon Jun 2024 | 73.02 | 72.76 | 73.96 | 72.55 | 0.761 times |
| 21 Fri Jun 2024 | 72.35 | 70.87 | 72.61 | 70.15 | 1.373 times |
| 20 Thu Jun 2024 | 70.90 | 72.13 | 72.37 | 69.49 | 1.115 times |
| 18 Tue Jun 2024 | 73.10 | 72.91 | 74.17 | 72.63 | 0.644 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 69.3, for a target of 71.4 or 73.16
Share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Target | 59.41 |
| Downside Target | 63.01 |
| Downside Target | 66.53 |
| Downside Target | 68.69 |
| Upside Target | 72.63 |
| Upside Target | 73.04 |
| Upside Target | 74.17 |
| Upside Target | 74.61 |
| Upside Target | 76.15 |
| Upside Target | 76.86 |
Intraday share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Intraday Target | 68.02 |
| Downside Intraday Target | 66.75 |
| Upside Intraday Target | 71.22 |
| Upside Intraday Target | 73.15 |
| Upside Intraday Target | 69.95 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 69.28 | 71.68 | 71.89 | 68.69 | 0.235 times |
| 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 |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Ormat Technologies (ORA)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 69.28 | 71.68 | 71.89 | 68.69 | 0.084 times |
| 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ormat Technologies ( (ORA) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Ormat Technologies in short term and the sell signal is strong.
Ormat Technologies Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 71.86 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ormat Technologies ( (ORA) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Ormat Technologies in short term and the sell signal is strong.
Ormat Technologies Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 71.86 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.