(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 2024-07-09 View latest technical analysis
10 day averaged volume of Ormat Technologies is 603720
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Jul 2024 | 70.61 | 71.09 | 71.80 | 70.53 | 0.81 times |
| 08 Mon Jul 2024 | 71.13 | 70.91 | 71.74 | 70.74 | 0.704 times |
| 05 Fri Jul 2024 | 70.83 | 70.61 | 71.37 | 70.26 | 0.594 times |
| 03 Wed Jul 2024 | 70.43 | 69.70 | 71.18 | 69.65 | 0.548 times |
| 03 Wed Jul 2024 | 70.43 | 69.70 | 71.18 | 69.65 | 0.548 times |
| 02 Tue Jul 2024 | 69.28 | 68.88 | 69.95 | 68.69 | 0.902 times |
| 01 Mon Jul 2024 | 69.20 | 71.68 | 71.89 | 68.88 | 0.722 times |
| 28 Fri Jun 2024 | 71.70 | 74.34 | 74.61 | 71.05 | 3.821 times |
| 27 Thu Jun 2024 | 74.09 | 72.86 | 74.15 | 72.26 | 0.562 times |
| 26 Wed Jun 2024 | 73.03 | 72.84 | 73.25 | 72.42 | 0.573 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 70.5 as stoploss in an intra day buy trade for a target of 72.18. However, stock will show a bearish move below 70.5.
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 | 71.37 |
| Upside Target | 71.80 |
| Upside Target | 71.89 |
| 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 | 70.16 |
| Downside Intraday Target | 69.71 |
| Upside Intraday Target | 71.43 |
| Upside Intraday Target | 72.25 |
| Upside Intraday Target | 70.98 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Jul 2024 | 70.61 | 70.91 | 71.80 | 70.53 | 1.325 times |
| 05 Fri Jul 2024 | 70.83 | 69.70 | 71.37 | 69.65 | 0.526 times |
| 03 Wed Jul 2024 | 70.43 | 71.68 | 71.89 | 68.69 | 0.314 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 |
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 |
| 09 Tue Jul 2024 | 70.61 | 71.68 | 71.89 | 68.69 | 0.251 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 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.
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 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 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 and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Ormat Technologies is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 71.18 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 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.
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 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 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 and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Ormat Technologies is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 71.18 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.