(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 2024-09-09 View latest technical analysis
10 day averaged volume of Ormat Technologies is 251430
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 72.01 | 72.46 | 72.74 | 71.82 | 1.06 times |
| 06 Fri Sep 2024 | 72.80 | 73.93 | 73.93 | 72.35 | 0.646 times |
| 05 Thu Sep 2024 | 73.68 | 73.49 | 74.04 | 73.01 | 0.722 times |
| 04 Wed Sep 2024 | 72.93 | 72.23 | 73.54 | 72.11 | 0.797 times |
| 03 Tue Sep 2024 | 72.72 | 73.52 | 73.96 | 72.11 | 1.241 times |
| 30 Fri Aug 2024 | 74.53 | 74.41 | 74.68 | 73.03 | 0.99 times |
| 30 Fri Aug 2024 | 74.53 | 74.41 | 74.68 | 73.03 | 0.99 times |
| 29 Thu Aug 2024 | 73.96 | 74.00 | 74.55 | 73.24 | 1.412 times |
| 28 Wed Aug 2024 | 73.53 | 74.21 | 74.66 | 73.52 | 1.202 times |
| 27 Tue Aug 2024 | 74.38 | 74.19 | 74.72 | 73.68 | 1.06 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 71.7, for a target of 72.7 or 73.5
Share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Target | 64.13 |
| Downside Target | 68.69 |
| Upside Target | 74.04 |
| Upside Target | 74.68 |
| Upside Target | 74.94 |
| Upside Target | 75.48 |
| Upside Target | 76.15 |
| Upside Target | 76.86 |
| Upside Target | 78.08 |
| Upside Target | 78.51 |
Intraday share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Intraday Target | 71.64 |
| Downside Intraday Target | 71.27 |
| Upside Intraday Target | 72.56 |
| Upside Intraday Target | 73.11 |
| Upside Intraday Target | 72.19 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 72.01 | 72.46 | 72.74 | 71.82 | 0.311 times |
| 06 Fri Sep 2024 | 72.80 | 73.52 | 74.04 | 72.11 | 3.44 times |
| 30 Fri Aug 2024 | 74.53 | 74.41 | 74.68 | 73.03 | 0.177 times |
| 30 Fri Aug 2024 | 74.53 | 74.98 | 75.48 | 73.03 | 1.059 times |
| 23 Fri Aug 2024 | 74.66 | 73.77 | 74.94 | 72.27 | 1.13 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 Mon Sep 2024 | 72.01 | 73.52 | 74.04 | 71.82 | 0.154 times |
| 30 Fri Aug 2024 | 74.53 | 77.21 | 78.08 | 70.55 | 0.749 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 |
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 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 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 Strong 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 getting stronger in this stock.
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
Although the stock is in the BUY zone, but buying 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 73.53 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 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 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 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 Strong 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 getting stronger in this stock.
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
Although the stock is in the BUY zone, but buying 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 73.53 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.