(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 2024-03-22 View latest technical analysis
10 day averaged volume of Ormat Technologies is 440710
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 66.31 | 66.71 | 66.71 | 65.94 | 0.806 times |
| 21 Thu Mar 2024 | 66.28 | 66.21 | 67.00 | 65.72 | 0.919 times |
| 20 Wed Mar 2024 | 65.86 | 64.60 | 66.37 | 64.39 | 0.878 times |
| 19 Tue Mar 2024 | 64.55 | 63.65 | 65.19 | 63.61 | 0.793 times |
| 18 Mon Mar 2024 | 63.48 | 64.03 | 64.13 | 63.01 | 0.643 times |
| 15 Fri Mar 2024 | 63.82 | 63.58 | 64.63 | 63.27 | 1.658 times |
| 14 Thu Mar 2024 | 63.93 | 64.90 | 64.90 | 63.04 | 0.825 times |
| 13 Wed Mar 2024 | 64.70 | 65.02 | 65.91 | 64.54 | 0.767 times |
| 12 Tue Mar 2024 | 65.52 | 66.95 | 66.95 | 65.32 | 0.954 times |
| 11 Mon Mar 2024 | 67.76 | 68.82 | 69.81 | 67.36 | 1.172 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 66.6 as stoploss in an intra day sell trade for a target of 65.31. However, stock will show a bullish move above 66.6.
Share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Target | 58.73 |
| Downside Target | 62.72 |
| Upside Target | 66.49 |
| 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 | 63.88 |
| Downside Intraday Target | 61.45 |
| Upside Intraday Target | 67.87 |
| Upside Intraday Target | 69.43 |
| Downside Intraday Target | 65.44 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 66.31 | 64.03 | 67.00 | 63.01 | 0.751 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 |
| 22 Fri Mar 2024 | 66.31 | 65.14 | 69.81 | 63.01 | 0.692 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Ormat Technologies in short term but SELL 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
Although the stock is in the BUY zone, but buying 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 65.25 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 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Ormat Technologies in short term but SELL 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
Although the stock is in the BUY zone, but buying 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 65.25 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.