(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 2024-10-08 View latest technical analysis
10 day averaged volume of Ormat Technologies is 346570
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 75.27 | 75.92 | 76.10 | 75.19 | 1.036 times |
| 07 Mon Oct 2024 | 75.90 | 75.74 | 76.31 | 75.42 | 0.72 times |
| 04 Fri Oct 2024 | 76.06 | 75.70 | 76.18 | 75.11 | 0.697 times |
| 03 Thu Oct 2024 | 75.52 | 76.12 | 76.18 | 75.34 | 0.961 times |
| 02 Wed Oct 2024 | 76.20 | 75.99 | 76.51 | 75.49 | 1.038 times |
| 01 Tue Oct 2024 | 76.65 | 76.77 | 76.97 | 75.76 | 0.897 times |
| 30 Mon Sep 2024 | 76.94 | 77.53 | 77.58 | 76.46 | 1.818 times |
| 27 Fri Sep 2024 | 77.47 | 77.77 | 78.27 | 77.16 | 0.655 times |
| 26 Thu Sep 2024 | 77.06 | 77.47 | 77.84 | 77.01 | 1.618 times |
| 25 Wed Sep 2024 | 76.67 | 75.71 | 76.95 | 75.50 | 0.847 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 74.9 as stoploss in an intra day buy trade for a target of 75.77. However, stock will show a bearish move below 74.9.
Share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Target | 68.69 |
| Downside Target | 74.12 |
| Upside Target | 76.31 |
| Upside Target | 76.79 |
| Upside Target | 76.86 |
| Upside Target | 76.97 |
| Upside Target | 77.58 |
| Upside Target | 78.08 |
| Upside Target | 78.27 |
| Upside Target | 78.51 |
Intraday share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Intraday Target | 74.87 |
| Downside Intraday Target | 74.47 |
| Upside Intraday Target | 75.99 |
| Upside Intraday Target | 76.71 |
| Upside Intraday Target | 75.59 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 75.27 | 75.74 | 76.31 | 75.19 | 0.324 times |
| 04 Fri Oct 2024 | 76.06 | 77.53 | 77.58 | 75.11 | 1.14 times |
| 27 Fri Sep 2024 | 77.47 | 75.60 | 78.27 | 75.15 | 0.752 times |
| 20 Fri Sep 2024 | 75.53 | 75.75 | 76.79 | 74.12 | 1.652 times |
| 13 Fri Sep 2024 | 75.93 | 72.46 | 76.30 | 71.65 | 1.546 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 Tue Oct 2024 | 75.27 | 76.77 | 76.97 | 75.11 | 0.279 times |
| 30 Mon Sep 2024 | 76.94 | 73.52 | 78.27 | 71.65 | 0.912 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 losing 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 76.44 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 losing 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 76.44 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.