(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 2024-07-16 View latest technical analysis
10 day averaged volume of Ormat Technologies is 418250
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 76.04 | 73.18 | 76.08 | 72.99 | 1.35 times |
| 15 Mon Jul 2024 | 72.96 | 73.92 | 74.13 | 72.83 | 1.209 times |
| 12 Fri Jul 2024 | 75.23 | 74.82 | 76.04 | 74.65 | 1.125 times |
| 11 Thu Jul 2024 | 73.99 | 73.50 | 74.61 | 73.19 | 1.01 times |
| 10 Wed Jul 2024 | 71.94 | 71.06 | 72.10 | 70.70 | 0.729 times |
| 09 Tue Jul 2024 | 70.61 | 71.09 | 71.80 | 70.53 | 1.17 times |
| 08 Mon Jul 2024 | 71.13 | 70.91 | 71.74 | 70.74 | 1.016 times |
| 05 Fri Jul 2024 | 70.83 | 70.61 | 71.37 | 70.26 | 0.858 times |
| 03 Wed Jul 2024 | 70.43 | 69.70 | 71.18 | 69.65 | 0.791 times |
| 03 Wed Jul 2024 | 70.43 | 69.70 | 71.18 | 69.65 | 0.791 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 76.2, for a target of 74 or 72.17
Share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Target | 59.41 |
| Downside Target | 63.01 |
| Downside Target | 66.53 |
| Downside Target | 68.69 |
| Downside Target | 71.89 |
| Downside Target | 72.83 |
| Downside Target | 74.61 |
| Downside Target | 76.04 |
| Upside Target | 76.08 |
| Upside Target | 76.15 |
| Upside Target | 76.86 |
Intraday share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Intraday Target | 73.89 |
| Downside Intraday Target | 71.73 |
| Upside Intraday Target | 77.14 |
| Upside Intraday Target | 78.23 |
| Downside Intraday Target | 74.98 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 76.04 | 73.92 | 76.08 | 72.83 | 0.507 times |
| 12 Fri Jul 2024 | 75.23 | 70.91 | 76.04 | 70.53 | 3.062 times |
| 05 Fri Jul 2024 | 70.83 | 69.70 | 71.37 | 69.65 | 0.526 times |
| 03 Wed Jul 2024 | 70.43 | 71.68 | 71.89 | 68.69 | 0.314 times |
| 28 Fri Jun 2024 | 71.70 | 72.76 | 74.61 | 71.05 | 1.8 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 |
| 16 Tue Jul 2024 | 76.04 | 71.68 | 76.08 | 68.69 | 0.446 times |
| 28 Fri Jun 2024 | 71.70 | 75.54 | 76.86 | 69.49 | 1.247 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 |
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 neutral. A longer time frame might give a better analysis.
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 gaining 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Ormat Technologies in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 72.62 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 neutral. A longer time frame might give a better analysis.
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 gaining 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Ormat Technologies in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 72.62 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.