(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 2024-07-11 View latest technical analysis
10 day averaged volume of Ormat Technologies is 586610
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 73.99 | 73.50 | 74.61 | 73.19 | 0.72 times |
| 10 Wed Jul 2024 | 71.94 | 71.06 | 72.10 | 70.70 | 0.52 times |
| 09 Tue Jul 2024 | 70.61 | 71.09 | 71.80 | 70.53 | 0.834 times |
| 08 Mon Jul 2024 | 71.13 | 70.91 | 71.74 | 70.74 | 0.724 times |
| 05 Fri Jul 2024 | 70.83 | 70.61 | 71.37 | 70.26 | 0.612 times |
| 03 Wed Jul 2024 | 70.43 | 69.70 | 71.18 | 69.65 | 0.564 times |
| 03 Wed Jul 2024 | 70.43 | 69.70 | 71.18 | 69.65 | 0.564 times |
| 02 Tue Jul 2024 | 69.28 | 68.88 | 69.95 | 68.69 | 0.928 times |
| 01 Mon Jul 2024 | 69.20 | 71.68 | 71.89 | 68.88 | 0.743 times |
| 28 Fri Jun 2024 | 71.70 | 74.34 | 74.61 | 71.05 | 3.933 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 73.5, but if it comes below 73.5, then a intra day sell could be more profitable.
If you take a sell trade below 73.5, then use 73.5 as stoploss and 71.97 as target. However if you take a buy trade in stock , then use 73.5 as stoploss and 75.3 as target.
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 |
| Downside Target | 71.37 |
| Downside 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 | 71.48 |
| Downside Intraday Target | 68.96 |
| Upside Intraday Target | 75.56 |
| Upside Intraday Target | 77.12 |
| Downside Intraday Target | 73.04 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 73.99 | 70.91 | 74.61 | 70.53 | 2.38 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 up 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 |
| 11 Thu Jul 2024 | 73.99 | 71.68 | 74.61 | 68.69 | 0.314 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 up 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Ormat Technologies in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ormat Technologies in short term and BUY 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 71.15 and Ormat Technologies (ORA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Ormat Technologies in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ormat Technologies in short term and BUY 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 71.15 and Ormat Technologies (ORA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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.