(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 2024-08-09 View latest technical analysis
10 day averaged volume of Ormat Technologies is 462770
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 72.51 | 73.35 | 73.35 | 71.64 | 0.689 times |
| 08 Thu Aug 2024 | 73.18 | 72.96 | 73.71 | 72.00 | 0.754 times |
| 07 Wed Aug 2024 | 72.49 | 76.18 | 76.37 | 72.18 | 1.394 times |
| 06 Tue Aug 2024 | 73.94 | 73.23 | 74.56 | 72.80 | 0.763 times |
| 05 Mon Aug 2024 | 72.77 | 71.37 | 73.81 | 70.55 | 1.277 times |
| 02 Fri Aug 2024 | 75.41 | 75.72 | 76.47 | 74.51 | 0.838 times |
| 01 Thu Aug 2024 | 76.75 | 77.21 | 78.08 | 75.74 | 1.012 times |
| 31 Wed Jul 2024 | 77.64 | 77.12 | 78.51 | 76.59 | 1.422 times |
| 30 Tue Jul 2024 | 76.54 | 76.15 | 77.15 | 75.76 | 0.805 times |
| 29 Mon Jul 2024 | 76.26 | 77.35 | 77.79 | 75.50 | 0.874 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 73.5, but if it comes above 73.5, then a intra day buy could be more profitable.
If you take a sell trade below 73.5, then use 73.5 as stoploss and 71.4 as target. However if you take a buy trade in stock , then use 73.5 as stoploss and 75.16 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 |
| Upside 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 | 69.92 |
| Downside Intraday Target | 67.32 |
| Upside Intraday Target | 75.74 |
| Upside Intraday Target | 78.96 |
| Upside Intraday Target | 73.14 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 72.51 | 71.37 | 76.37 | 70.55 | 0.985 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 |
| 09 Fri Aug 2024 | 72.51 | 77.21 | 78.08 | 70.55 | 0.32 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 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 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 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 mid to longer 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.
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 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 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 74.79 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 positive
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 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 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 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 mid to longer 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.
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 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 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 74.79 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.