(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 2024-06-04 View latest technical analysis
10 day averaged volume of Ormat Technologies is 401492
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 75.44 | 75.65 | 76.25 | 75.08 | 0.968 times |
| 03 Mon Jun 2024 | 75.91 | 75.54 | 76.48 | 75.15 | 0.931 times |
| 31 Fri May 2024 | 75.40 | 75.62 | 76.15 | 74.91 | 1.177 times |
| 30 Thu May 2024 | 75.26 | 73.46 | 75.51 | 73.18 | 0.983 times |
| 29 Wed May 2024 | 73.14 | 72.91 | 73.51 | 72.56 | 0.986 times |
| 28 Tue May 2024 | 73.97 | 74.00 | 74.66 | 73.71 | 1.06 times |
| 24 Fri May 2024 | 73.55 | 72.93 | 73.94 | 72.14 | 0.906 times |
| 23 Thu May 2024 | 72.55 | 73.07 | 73.11 | 71.35 | 1.025 times |
| 22 Wed May 2024 | 73.09 | 71.87 | 73.79 | 71.69 | 0.804 times |
| 21 Tue May 2024 | 72.22 | 70.95 | 72.51 | 70.93 | 0.765 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 74.7, but if it comes below 74.7, then a intra day sell could be more profitable.
If you take a sell trade below 74.7, then use 74.7 as stoploss and 72.48 as target. However if you take a buy trade in stock , then use 74.7 as stoploss and 77.4 as target.
Share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Target | 59.41 |
| Downside Target | 62.72 |
| Downside Target | 66.53 |
| Downside Target | 69.74 |
| Downside Target | 73.94 |
| Downside Target | 74.86 |
| Downside Target | 75.08 |
| Upside Target | 76.15 |
| Upside Target | 76.48 |
Intraday share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Intraday Target | 74.85 |
| Downside Intraday Target | 74.27 |
| Upside Intraday Target | 76.25 |
| Upside Intraday Target | 77.07 |
| Upside Intraday Target | 75.67 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 75.44 | 75.54 | 76.48 | 75.08 | 0.452 times |
| 31 Fri May 2024 | 75.40 | 74.00 | 76.15 | 72.56 | 0.865 times |
| 24 Fri May 2024 | 73.55 | 70.08 | 73.94 | 69.74 | 0.892 times |
| 17 Fri May 2024 | 72.49 | 70.57 | 74.86 | 70.48 | 0.916 times |
| 10 Fri May 2024 | 70.29 | 67.95 | 71.27 | 67.14 | 1.193 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 |
| 04 Tue Jun 2024 | 75.44 | 75.54 | 76.48 | 75.08 | 0.082 times |
| 31 Fri May 2024 | 75.40 | 64.36 | 76.15 | 64.13 | 0.785 times |
| 30 Tue Apr 2024 | 63.83 | 65.96 | 66.53 | 59.41 | 1.385 times |
| 28 Thu Mar 2024 | 66.19 | 65.14 | 69.81 | 63.01 | 0.893 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 and the buying is gaining 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 74.12 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.
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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 and the buying is gaining 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 74.12 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.