(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 2024-06-17 View latest technical analysis
10 day averaged volume of Ormat Technologies is 430700
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Mon Jun 2024 | 73.28 | 73.56 | 73.92 | 72.77 | 0.788 times |
| 14 Fri Jun 2024 | 73.90 | 74.08 | 74.21 | 73.19 | 0.732 times |
| 13 Thu Jun 2024 | 74.61 | 74.97 | 75.19 | 74.19 | 0.709 times |
| 12 Wed Jun 2024 | 75.44 | 75.78 | 76.86 | 75.29 | 1.196 times |
| 11 Tue Jun 2024 | 73.79 | 73.89 | 73.89 | 73.04 | 0.734 times |
| 10 Mon Jun 2024 | 74.53 | 73.36 | 75.06 | 73.13 | 0.693 times |
| 07 Fri Jun 2024 | 73.95 | 73.84 | 74.94 | 73.58 | 1.085 times |
| 06 Thu Jun 2024 | 75.20 | 74.89 | 75.58 | 74.85 | 1.318 times |
| 05 Wed Jun 2024 | 75.58 | 75.51 | 76.48 | 75.13 | 1.762 times |
| 04 Tue Jun 2024 | 75.44 | 75.65 | 76.25 | 75.08 | 0.903 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 72.9 as stoploss in an intra day buy trade for a target of 74.11. However, stock will show a bearish move below 72.9.
Share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Target | 59.41 |
| Downside Target | 62.72 |
| Downside Target | 66.53 |
| Downside Target | 68.32 |
| Downside Target | 69.74 |
| Downside Target | 72.56 |
| Upside Target | 73.92 |
| Upside Target | 73.94 |
| Upside Target | 76.15 |
| Upside Target | 76.48 |
| Upside Target | 76.86 |
Intraday share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Intraday Target | 72.73 |
| Downside Intraday Target | 72.17 |
| Upside Intraday Target | 73.88 |
| Upside Intraday Target | 74.47 |
| Upside Intraday Target | 73.32 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Mon Jun 2024 | 73.28 | 73.56 | 73.92 | 72.77 | 0.194 times |
| 14 Fri Jun 2024 | 73.90 | 73.36 | 76.86 | 73.04 | 0.685 times |
| 07 Fri Jun 2024 | 73.95 | 75.54 | 76.48 | 73.58 | 1.514 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 |
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 |
| 17 Mon Jun 2024 | 73.28 | 75.54 | 76.86 | 72.77 | 0.499 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 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 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 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 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 BUY signal in short term and the buying is gaining 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 74.74 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 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 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 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 BUY signal in short term and the buying is gaining 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 74.74 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.