(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 2024-03-11 View latest technical analysis
10 day averaged volume of Ormat Technologies is 480170
Date | Daily Closing Price | Open | High | Low | Volume |
11 Mon Mar 2024 | 67.76 | 68.82 | 69.81 | 67.36 | 1.075 times |
08 Fri Mar 2024 | 68.82 | 66.49 | 69.08 | 66.49 | 1.276 times |
07 Thu Mar 2024 | 65.77 | 65.26 | 66.32 | 64.92 | 0.754 times |
06 Wed Mar 2024 | 65.02 | 65.33 | 65.64 | 64.97 | 0.534 times |
05 Tue Mar 2024 | 64.51 | 65.68 | 66.07 | 64.15 | 1.014 times |
04 Mon Mar 2024 | 65.67 | 65.61 | 66.16 | 64.91 | 0.802 times |
01 Fri Mar 2024 | 65.81 | 65.14 | 66.49 | 64.04 | 0.818 times |
29 Thu Feb 2024 | 65.15 | 65.31 | 66.26 | 64.56 | 1.737 times |
28 Wed Feb 2024 | 64.49 | 64.54 | 64.97 | 64.15 | 0.788 times |
27 Tue Feb 2024 | 64.98 | 64.54 | 65.24 | 63.94 | 0.874 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 67.2, but if it comes below 67.2, then a intra day sell could be more profitable.
If you take a sell trade below 67.2, then use 67.2 as stoploss and 65.8 as target. However if you take a buy trade in stock , then use 67.2 as stoploss and 68.9 as target.
Share price targets for Ormat Technologies (ORA)
Target Type | Value |
Downside Target | 58.73 |
Downside Target | 62.72 |
Downside Target | 66.49 |
Upside Target | 68.32 |
Upside Target | 68.96 |
Upside Target | 69.08 |
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 | 66.81 |
Downside Intraday Target | 65.86 |
Upside Intraday Target | 69.26 |
Upside Intraday Target | 70.76 |
Upside Intraday Target | 68.31 |
Weekly technical analysis of Ormat Technologies (ORA)
Date | Weekly Closing Price | Open | High | Low | Volume |
11 Mon Mar 2024 | 67.76 | 68.82 | 69.81 | 67.36 | 0.245 times |
08 Fri Mar 2024 | 68.82 | 65.61 | 69.08 | 64.15 | 0.78 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 |
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 |
11 Mon Mar 2024 | 67.76 | 65.14 | 69.81 | 64.04 | 0.314 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 BUY. Signal strength is Strong and stock is gaining 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 stronger in this stock.
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 buy signal for Ormat Technologies in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying 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 65.93 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 BUY. Signal strength is Strong and stock is gaining 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 stronger in this stock.
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 buy signal for Ormat Technologies in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying 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 65.93 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.