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(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 785310

Date Daily Closing Price Open High Low Volume
12 Mon Apr 2021 75.16 75.63 75.96 73.58 0.856 times
09 Fri Apr 2021 76.42 74.83 76.43 73.50 0.787 times
08 Thu Apr 2021 75.53 75.56 76.64 74.81 1.315 times
07 Wed Apr 2021 74.75 77.39 77.56 74.24 0.825 times
06 Tue Apr 2021 77.69 78.05 79.50 77.01 0.818 times
05 Mon Apr 2021 78.40 79.71 81.97 77.83 1.673 times
01 Thu Apr 2021 78.92 79.37 81.09 78.04 0.809 times
31 Wed Mar 2021 78.53 78.13 79.30 77.04 0.98 times
30 Tue Mar 2021 76.08 75.65 77.59 74.14 0.848 times
29 Mon Mar 2021 75.12 75.43 76.25 73.13 1.003 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 74.8 as stoploss in an intra day buy trade for a target of 77.35. However, stock will show a bearish move below 74.8.

Share price targets for Ormat Technologies (ORA)

Target Type Value
Downside Target 71.24
Downside Target 73.13
Upside Target 80.73
Upside Target 81.97
Upside Target 84.36
Upside Target 86.70
Upside Target 88.87
Upside Target 90.08
Upside Target 91.99
Upside Target 118.63
Upside Target 128.87

Intraday share price targets for Ormat Technologies (ORA)

Target Type Value
Downside Intraday Target 73.84
Downside Intraday Target 72.52
Upside Intraday Target 76.22
Upside Intraday Target 77.28
Downside Intraday Target 74.9

Weekly technical analysis of Ormat Technologies (ORA)

Date Weekly Closing Price Open High Low Volume
12 Mon Apr 2021 75.16 75.63 75.96 73.58 0.158 times
09 Fri Apr 2021 76.42 79.71 81.97 73.50 1.488 times
01 Thu Apr 2021 78.92 75.43 81.09 73.13 0.677 times
26 Fri Mar 2021 75.27 76.53 80.73 71.24 1.06 times
19 Fri Mar 2021 76.02 86.06 86.70 75.99 1.256 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
12 Mon Apr 2021 75.16 79.37 81.97 73.50 0.249 times
31 Wed Mar 2021 78.53 83.14 88.87 71.24 1.708 times
26 Fri Feb 2021 85.67 116.45 128.87 84.36 0.834 times
29 Fri Jan 2021 114.16 91.72 118.63 90.08 1.518 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 15, 27, 27 Sell
MACD -7, -8Buy
Stochastics 33None
CCI -75Sell
RSI 44Sell
OBV -2247200Sell
VWAP 77Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

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 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 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 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 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 SELL signal for Ormat Technologies in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 76.75 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 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.

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