(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.
10 day averaged volume of Ormat Technologies is 550950
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Apr 2024 | 62.92 | 62.74 | 63.13 | 61.86 | 1.204 times |
| 17 Wed Apr 2024 | 62.11 | 60.06 | 62.90 | 59.57 | 1.53 times |
| 16 Tue Apr 2024 | 59.94 | 60.53 | 60.70 | 59.41 | 0.916 times |
| 15 Mon Apr 2024 | 60.97 | 64.38 | 64.38 | 60.30 | 1.644 times |
| 12 Fri Apr 2024 | 64.30 | 65.99 | 66.53 | 63.89 | 1.349 times |
| 11 Thu Apr 2024 | 66.08 | 65.38 | 66.26 | 64.16 | 1.108 times |
| 10 Wed Apr 2024 | 64.59 | 65.01 | 65.04 | 63.78 | 0.946 times |
| 09 Tue Apr 2024 | 66.40 | 65.00 | 66.41 | 64.87 | 0.81 times |
| 08 Mon Apr 2024 | 64.84 | 64.13 | 65.12 | 64.00 | 0.607 times |
| 05 Fri Apr 2024 | 63.73 | 63.77 | 64.54 | 63.40 | 0.479 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 62.7 as stoploss in an intra day buy trade for a target of 64.46. However, stock will show a bearish move below 62.7.
Share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Target | 59.41 |
| Downside Target | 62.72 |
| Upside Target | 66.29 |
| Upside Target | 66.53 |
| 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 | 60.09 |
| Downside Intraday Target | 57.27 |
| Upside Intraday Target | 65.06 |
| Upside Intraday Target | 67.21 |
| Downside Intraday Target | 62.24 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Apr 2024 | 62.92 | 64.38 | 64.38 | 59.41 | 1.098 times |
| 12 Fri Apr 2024 | 64.30 | 64.13 | 66.53 | 63.78 | 1.489 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 |
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 |
| 18 Thu Apr 2024 | 62.92 | 65.96 | 66.53 | 59.41 | 0.858 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 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 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 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 SELL signal in short term and selling is picking up 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 63.31 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 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 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 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 SELL signal in short term and selling is picking up 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 63.31 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.