(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 2024-09-10 View latest technical analysis
10 day averaged volume of Ormat Technologies is 254459
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Tue Sep 2024 | 72.56 | 72.04 | 72.69 | 71.65 | 0.821 times |
| 09 Mon Sep 2024 | 72.01 | 72.46 | 72.74 | 71.82 | 1.048 times |
| 06 Fri Sep 2024 | 72.80 | 73.93 | 73.93 | 72.35 | 0.638 times |
| 05 Thu Sep 2024 | 73.68 | 73.49 | 74.04 | 73.01 | 0.713 times |
| 04 Wed Sep 2024 | 72.93 | 72.23 | 73.54 | 72.11 | 0.787 times |
| 03 Tue Sep 2024 | 72.72 | 73.52 | 73.96 | 72.11 | 1.227 times |
| 30 Fri Aug 2024 | 74.53 | 74.41 | 74.68 | 73.03 | 0.978 times |
| 30 Fri Aug 2024 | 74.53 | 74.41 | 74.68 | 73.03 | 0.978 times |
| 29 Thu Aug 2024 | 73.96 | 74.00 | 74.55 | 73.24 | 1.396 times |
| 28 Wed Aug 2024 | 73.53 | 74.21 | 74.66 | 73.52 | 1.188 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 72.7, but if it comes above 72.7, then a intra day buy could be more profitable.
If you take a sell trade below 72.7, then use 72.7 as stoploss and 71.7 as target. However if you take a buy trade in stock , then use 72.7 as stoploss and 73.49 as target.
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 | 71.89 |
| Downside Intraday Target | 71.23 |
| Upside Intraday Target | 72.98 |
| Upside Intraday Target | 73.41 |
| Downside Intraday Target | 72.32 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Tue Sep 2024 | 72.56 | 72.46 | 72.74 | 71.65 | 0.555 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 |
| 10 Tue Sep 2024 | 72.56 | 73.52 | 74.04 | 71.65 | 0.183 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 73.36 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 73.36 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.