(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 2024-03-19 View latest technical analysis
10 day averaged volume of Ormat Technologies is 437090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 64.55 | 63.65 | 65.19 | 63.61 | 0.8 times |
| 18 Mon Mar 2024 | 63.48 | 64.03 | 64.13 | 63.01 | 0.648 times |
| 15 Fri Mar 2024 | 63.82 | 63.58 | 64.63 | 63.27 | 1.672 times |
| 14 Thu Mar 2024 | 63.93 | 64.90 | 64.90 | 63.04 | 0.832 times |
| 13 Wed Mar 2024 | 64.70 | 65.02 | 65.91 | 64.54 | 0.774 times |
| 12 Tue Mar 2024 | 65.52 | 66.95 | 66.95 | 65.32 | 0.962 times |
| 11 Mon Mar 2024 | 67.76 | 68.82 | 69.81 | 67.36 | 1.181 times |
| 08 Fri Mar 2024 | 68.82 | 66.49 | 69.08 | 66.49 | 1.402 times |
| 07 Thu Mar 2024 | 65.77 | 65.26 | 66.32 | 64.92 | 0.828 times |
| 06 Wed Mar 2024 | 65.02 | 65.33 | 65.64 | 64.97 | 0.587 times |
My analysis of stock is bearish for shortterm, and stock might move down till 63.8 or till 62.2. Use a stoploss of 65.17 and if the stock hits stoploss, then it can shoot up till 66.53
Share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Target | 58.73 |
| Downside Target | 62.72 |
| Upside Target | 66.71 |
| Upside Target | 67.49 |
| 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 | 63.31 |
| Downside Intraday Target | 62.07 |
| Upside Intraday Target | 65.49 |
| Upside Intraday Target | 66.43 |
| Downside Intraday Target | 64.25 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 64.55 | 64.03 | 65.19 | 63.01 | 0.267 times |
| 15 Fri Mar 2024 | 63.82 | 68.82 | 69.81 | 63.04 | 1.126 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 |
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 |
| 19 Tue Mar 2024 | 64.55 | 65.14 | 69.81 | 63.01 | 0.573 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 losing momentum.
MACD generated a SELL signal for Ormat Technologies in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ormat Technologies in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 65.55 and Ormat Technologies (ORA) stock is trading below this level. This means that stock is falling with high volumes. 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 losing momentum.
MACD generated a SELL signal for Ormat Technologies in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ormat Technologies in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 65.55 and Ormat Technologies (ORA) stock is trading below this level. This means that stock is falling with high volumes. 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.