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(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 2024-10-23 View latest technical analysis

10 day averaged volume of Ormat Technologies is 373870

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	78.49	79.03	79.49	77.98	0.668 times
22 Tue Oct 2024	79.33	80.04	80.04	78.52	0.707 times
21 Mon Oct 2024	80.25	79.19	80.53	78.95	1.404 times
18 Fri Oct 2024	78.31	77.44	78.33	76.77	1.187 times
17 Thu Oct 2024	77.27	78.89	78.89	77.18	0.987 times
16 Wed Oct 2024	78.79	77.76	78.80	77.44	1.001 times
15 Tue Oct 2024	77.02	77.44	77.61	76.44	1.231 times
14 Mon Oct 2024	76.90	76.16	77.04	75.56	0.666 times
11 Fri Oct 2024	76.00	74.86	76.28	74.86	0.739 times
10 Thu Oct 2024	75.06	75.54	75.63	74.55	1.12 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 78.4, but if it comes below 78.4, then a intra day sell could be more profitable.
If you take a sell trade below 78.4, then use 78.4 as stoploss and 77.02 as target. However if you take a buy trade in stock , then use 78.4 as stoploss and 80 as target.

Share price targets for Ormat Technologies (ORA)

Target Type	Value
Downside Target	68.69
Downside Target	74.55
Downside Target	77.58
Downside Target	77.98
Downside Target	78.08
Downside Target	78.27
Upside Target	78.51
Upside Target	78.89
Upside Target	80.53

Intraday share price targets for Ormat Technologies (ORA)

Target Type	Value
Downside Intraday Target	77.47
Downside Intraday Target	76.45
Upside Intraday Target	80.02
Upside Intraday Target	81.55
Upside Intraday Target	79

Weekly technical analysis of Ormat Technologies (ORA)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	78.49	79.19	80.53	77.98	0.548 times
18 Fri Oct 2024	78.31	76.16	78.89	75.56	1.141 times
11 Fri Oct 2024	76.00	75.74	76.58	74.55	0.886 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

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
23 Wed Oct 2024	78.49	76.77	80.53	74.55	0.88 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 up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Ormat Technologies ( (ORA) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Ormat Technologies stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Ormat Technologies in short term and the buy signal is strong.

Ormat Technologies Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ormat Technologies in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 77.81 and Ormat Technologies (ORA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.