(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 2024-03-05 View latest technical analysis
10 day averaged volume of Ormat Technologies is 566950
Date | Daily Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 64.51 | 65.68 | 66.07 | 64.15 | 0.859 times |
04 Mon Mar 2024 | 65.67 | 65.61 | 66.16 | 64.91 | 0.68 times |
01 Fri Mar 2024 | 65.81 | 65.14 | 66.49 | 64.04 | 0.692 times |
29 Thu Feb 2024 | 65.15 | 65.31 | 66.26 | 64.56 | 1.471 times |
28 Wed Feb 2024 | 64.49 | 64.54 | 64.97 | 64.15 | 0.667 times |
27 Tue Feb 2024 | 64.98 | 64.54 | 65.24 | 63.94 | 0.741 times |
26 Mon Feb 2024 | 63.83 | 64.21 | 65.33 | 63.29 | 1.187 times |
23 Fri Feb 2024 | 64.43 | 64.04 | 65.11 | 63.42 | 0.756 times |
22 Thu Feb 2024 | 63.99 | 64.80 | 65.76 | 62.72 | 1.824 times |
21 Wed Feb 2024 | 67.22 | 65.95 | 67.28 | 65.71 | 1.202 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 64.3 as stoploss in an intra day buy trade for a target of 65.44. However, stock will show a bearish move below 64.3.
Share price targets for Ormat Technologies (ORA)
Target Type | Value |
Downside Target | 58.73 |
Downside Target | 62.72 |
Upside Target | 66.16 |
Upside Target | 66.49 |
Upside Target | 66.71 |
Upside Target | 67.49 |
Upside Target | 68.32 |
Upside Target | 68.96 |
Upside Target | 76.88 |
Upside Target | 78.15 |
Intraday share price targets for Ormat Technologies (ORA)
Target Type | Value |
Downside Intraday Target | 63.72 |
Downside Intraday Target | 62.93 |
Upside Intraday Target | 65.73 |
Upside Intraday Target | 66.95 |
Upside Intraday Target | 64.94 |
Weekly technical analysis of Ormat Technologies (ORA)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 64.51 | 65.61 | 66.16 | 64.15 | 0.323 times |
01 Fri Mar 2024 | 65.81 | 64.21 | 66.49 | 63.29 | 1.043 times |
23 Fri Feb 2024 | 64.43 | 66.65 | 67.49 | 62.72 | 1.336 times |
16 Fri Feb 2024 | 67.12 | 65.33 | 68.32 | 64.06 | 0.951 times |
09 Fri Feb 2024 | 65.07 | 64.42 | 66.36 | 63.56 | 0.886 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 |
05 Tue Mar 2024 | 64.51 | 65.14 | 66.49 | 64.04 | 0.132 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 |
29 Fri Dec 2023 | 75.79 | 67.31 | 78.15 | 66.71 | 0.757 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Ormat Technologies stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Ormat Technologies in short term but the buy signal is initial and weak.
Ormat Technologies Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 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 64.95 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Ormat Technologies stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Ormat Technologies in short term but the buy signal is initial and weak.
Ormat Technologies Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 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 64.95 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.