(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 2024-04-11 View latest technical analysis
10 day averaged volume of Ormat Technologies is 418030
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Apr 2024 | 66.08 | 65.38 | 66.26 | 64.16 | 1.46 times |
| 10 Wed Apr 2024 | 64.59 | 65.01 | 65.04 | 63.78 | 1.247 times |
| 09 Tue Apr 2024 | 66.40 | 65.00 | 66.41 | 64.87 | 1.067 times |
| 08 Mon Apr 2024 | 64.84 | 64.13 | 65.12 | 64.00 | 0.8 times |
| 05 Fri Apr 2024 | 63.73 | 63.77 | 64.54 | 63.40 | 0.632 times |
| 04 Thu Apr 2024 | 64.13 | 64.36 | 65.31 | 64.08 | 0.807 times |
| 03 Wed Apr 2024 | 64.36 | 63.35 | 64.52 | 63.02 | 1.005 times |
| 02 Tue Apr 2024 | 63.81 | 63.73 | 64.24 | 63.34 | 0.992 times |
| 01 Mon Apr 2024 | 65.09 | 65.96 | 66.29 | 64.28 | 0.83 times |
| 28 Thu Mar 2024 | 66.19 | 66.17 | 67.25 | 66.05 | 1.091 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 66, but if it comes below 66, then a intra day sell could be more profitable.
If you take a sell trade below 66, then use 66 as stoploss and 65.03 as target. However if you take a buy trade in stock , then use 66 as stoploss and 67.2 as target.
Share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Target | 62.72 |
| Upside Target | 66.29 |
| Upside Target | 66.41 |
| Upside Target | 66.71 |
| Upside Target | 67.00 |
| 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 | 64.44 |
| Downside Intraday Target | 62.79 |
| Upside Intraday Target | 67.07 |
| Upside Intraday Target | 68.05 |
| Downside Intraday Target | 65.42 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Apr 2024 | 66.08 | 64.13 | 66.41 | 63.78 | 1.072 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 |
| 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 |
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 |
| 11 Thu Apr 2024 | 66.08 | 65.96 | 66.41 | 63.02 | 0.431 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ormat Technologies ( (ORA) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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. 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 moving up
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 and the buying is gaining 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 65.05 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ormat Technologies ( (ORA) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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. 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 moving up
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 and the buying is gaining 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 65.05 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.