(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 2024-08-08 View latest technical analysis
10 day averaged volume of Ormat Technologies is 468040
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 73.18 | 72.96 | 73.71 | 72.00 | 0.745 times |
| 07 Wed Aug 2024 | 72.49 | 76.18 | 76.37 | 72.18 | 1.379 times |
| 06 Tue Aug 2024 | 73.94 | 73.23 | 74.56 | 72.80 | 0.754 times |
| 05 Mon Aug 2024 | 72.77 | 71.37 | 73.81 | 70.55 | 1.262 times |
| 02 Fri Aug 2024 | 75.41 | 75.72 | 76.47 | 74.51 | 0.829 times |
| 01 Thu Aug 2024 | 76.75 | 77.21 | 78.08 | 75.74 | 1.001 times |
| 31 Wed Jul 2024 | 77.64 | 77.12 | 78.51 | 76.59 | 1.406 times |
| 30 Tue Jul 2024 | 76.54 | 76.15 | 77.15 | 75.76 | 0.796 times |
| 29 Mon Jul 2024 | 76.26 | 77.35 | 77.79 | 75.50 | 0.864 times |
| 26 Fri Jul 2024 | 78.16 | 77.32 | 78.32 | 76.88 | 0.851 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 73.7, but if it comes above 73.7, then a intra day buy could be more profitable.
If you take a sell trade below 73.7, then use 73.7 as stoploss and 71.8 as target. However if you take a buy trade in stock , then use 73.7 as stoploss and 75.3 as target.
Share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Target | 59.41 |
| Downside Target | 64.13 |
| Downside Target | 66.53 |
| Downside Target | 68.69 |
| Downside Target | 72.83 |
| Upside Target | 76.04 |
| Upside Target | 76.37 |
| Upside Target | 76.86 |
| Upside Target | 77.06 |
| Upside Target | 78.08 |
| Upside Target | 78.32 |
| Upside Target | 78.51 |
Intraday share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Intraday Target | 70.36 |
| Downside Intraday Target | 67.55 |
| Upside Intraday Target | 76.18 |
| Upside Intraday Target | 79.19 |
| Upside Intraday Target | 73.37 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 73.18 | 71.37 | 76.37 | 70.55 | 0.846 times |
| 02 Fri Aug 2024 | 75.41 | 77.35 | 78.51 | 74.51 | 1.057 times |
| 26 Fri Jul 2024 | 78.16 | 74.70 | 78.32 | 73.59 | 1.082 times |
| 19 Fri Jul 2024 | 73.93 | 73.92 | 77.06 | 72.83 | 0.949 times |
| 12 Fri Jul 2024 | 75.23 | 70.91 | 76.04 | 70.53 | 3.062 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 |
| 08 Thu Aug 2024 | 73.18 | 77.21 | 78.08 | 70.55 | 0.287 times |
| 31 Wed Jul 2024 | 77.64 | 71.68 | 78.51 | 68.69 | 0.837 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 |
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 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 short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ormat Technologies ( (ORA) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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. Bears are weakening, and bulls are picking up momentum!
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 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 75.24 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 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 short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ormat Technologies ( (ORA) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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. Bears are weakening, and bulls are picking up momentum!
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 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 75.24 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.