(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 2024-08-14 View latest technical analysis
10 day averaged volume of Ormat Technologies is 423440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 72.72 | 73.02 | 73.12 | 72.20 | 0.606 times |
| 13 Tue Aug 2024 | 72.70 | 72.66 | 72.95 | 72.17 | 0.456 times |
| 12 Mon Aug 2024 | 71.71 | 71.24 | 71.79 | 71.00 | 0.638 times |
| 09 Fri Aug 2024 | 72.51 | 73.35 | 73.35 | 71.64 | 0.753 times |
| 08 Thu Aug 2024 | 73.18 | 72.96 | 73.71 | 72.00 | 0.824 times |
| 07 Wed Aug 2024 | 72.49 | 76.18 | 76.37 | 72.18 | 1.524 times |
| 06 Tue Aug 2024 | 73.94 | 73.23 | 74.56 | 72.80 | 0.834 times |
| 05 Mon Aug 2024 | 72.77 | 71.37 | 73.81 | 70.55 | 1.395 times |
| 02 Fri Aug 2024 | 75.41 | 75.72 | 76.47 | 74.51 | 0.916 times |
| 01 Thu Aug 2024 | 76.75 | 77.21 | 78.08 | 75.74 | 1.106 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 72.9, but if it comes above 72.9, then a intra day buy could be more profitable.
If you take a sell trade below 72.9, then use 72.9 as stoploss and 70.6 as target. However if you take a buy trade in stock , then use 72.9 as stoploss and 74.8 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 | 76.15 |
| 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 | 71.44 |
| Downside Intraday Target | 70.16 |
| Upside Intraday Target | 73.56 |
| Upside Intraday Target | 74.4 |
| Downside Intraday Target | 72.28 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 72.72 | 71.24 | 73.12 | 71.00 | 0.319 times |
| 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 |
Price has moved up 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 |
| 14 Wed Aug 2024 | 72.72 | 77.21 | 78.08 | 70.55 | 0.394 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 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 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 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 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 BUY. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Ormat Technologies in short term but BUY signal is weak.
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 73.52 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 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 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 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 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 BUY. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Ormat Technologies in short term but BUY signal is weak.
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 73.52 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.