(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.
10 day averaged volume of Ormat Technologies is 673870
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 63.78 | 64.36 | 64.69 | 63.15 | 0.686 times |
| 24 Wed Apr 2024 | 64.99 | 64.75 | 65.13 | 64.21 | 0.672 times |
| 23 Tue Apr 2024 | 65.17 | 64.50 | 65.58 | 64.50 | 0.53 times |
| 22 Mon Apr 2024 | 64.57 | 64.42 | 64.89 | 63.84 | 0.614 times |
| 19 Fri Apr 2024 | 63.75 | 62.61 | 63.78 | 62.34 | 1.848 times |
| 18 Thu Apr 2024 | 62.92 | 62.74 | 63.13 | 61.86 | 0.984 times |
| 17 Wed Apr 2024 | 62.11 | 60.06 | 62.90 | 59.57 | 1.251 times |
| 16 Tue Apr 2024 | 59.94 | 60.53 | 60.70 | 59.41 | 0.749 times |
| 15 Mon Apr 2024 | 60.97 | 64.38 | 64.38 | 60.30 | 1.344 times |
| 12 Fri Apr 2024 | 64.30 | 65.99 | 66.53 | 63.89 | 1.103 times |
My analysis of stock is bearish for shortterm, and stock might move down till 62.5 or till 60.6. Use a stoploss of 64.09 and if the stock hits stoploss, then it can shoot up till 65.68
Share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Target | 59.41 |
| Downside Target | 62.72 |
| Upside Target | 66.29 |
| Upside Target | 66.53 |
| Upside Target | 66.71 |
| Upside Target | 67.25 |
| Upside Target | 68.32 |
| Upside Target | 69.81 |
| Upside Target | 76.88 |
| Upside Target | 78.15 |
Intraday share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Intraday Target | 62.76 |
| Downside Intraday Target | 61.74 |
| Upside Intraday Target | 65.19 |
| Upside Intraday Target | 66.6 |
| Upside Intraday Target | 64.17 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 63.78 | 64.42 | 65.58 | 63.15 | 0.405 times |
| 19 Fri Apr 2024 | 63.75 | 64.38 | 64.38 | 59.41 | 1.567 times |
| 12 Fri Apr 2024 | 64.30 | 64.13 | 66.53 | 63.78 | 1.489 times |
| 05 Fri Apr 2024 | 63.73 | 65.96 | 66.29 | 63.02 | 0.925 times |
| 28 Thu Mar 2024 | 66.19 | 66.37 | 67.25 | 64.22 | 1.083 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 |
| 25 Thu Apr 2024 | 63.78 | 65.96 | 66.53 | 59.41 | 1.2 times |
| 28 Thu Mar 2024 | 66.19 | 65.14 | 69.81 | 63.01 | 0.893 times |
| 29 Thu Feb 2024 | 65.15 | 65.37 | 68.32 | 62.72 | 0.948 times |
| 31 Wed Jan 2024 | 64.68 | 75.65 | 76.88 | 64.43 | 1.15 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 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 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 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 mid to longer 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.
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 BUY signal for Ormat Technologies in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 63.06 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 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 negative.
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 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 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 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 mid to longer 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.
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 BUY signal for Ormat Technologies in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 63.06 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 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.