(ORMP) Oramed Pharmaceuticals complete technical analysis [charts+indicators] | Buy/Sell Oramed Pharmaceuticals | (ORMP) share price targets
Complete technical analysis of Oramed Pharmaceuticals (ORMP) by charts plus indicators, forecast predictions and share price targets for Oramed Pharmaceuticals (ORMP)
Oramed Pharmaceuticals trades in USA in Health Care sector.
Showing technical analysis as on 2024-02-22 View latest technical analysis
10 day averaged volume of Oramed Pharmaceuticals is 200800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 3.30 | 3.21 | 3.30 | 3.13 | 2.402 times |
| 21 Wed Feb 2024 | 3.21 | 3.11 | 3.21 | 3.03 | 0.568 times |
| 20 Tue Feb 2024 | 3.15 | 3.13 | 3.21 | 3.08 | 2.004 times |
| 16 Fri Feb 2024 | 3.14 | 3.13 | 3.15 | 3.05 | 0.383 times |
| 15 Thu Feb 2024 | 3.14 | 3.21 | 3.26 | 3.10 | 2.142 times |
| 14 Wed Feb 2024 | 3.13 | 3.06 | 3.18 | 3.00 | 0.572 times |
| 13 Tue Feb 2024 | 3.03 | 3.08 | 3.15 | 2.99 | 1.041 times |
| 12 Mon Feb 2024 | 3.17 | 3.06 | 3.27 | 3.02 | 1.637 times |
| 09 Fri Feb 2024 | 2.85 | 2.81 | 2.89 | 2.69 | 0.522 times |
| 08 Thu Feb 2024 | 2.69 | 2.78 | 2.83 | 2.68 | 0.496 times |
Stock of Oramed Pharmaceuticals (ORMP) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3.2, but if it comes below 3.2, then a intra day sell could be more profitable.
If you take a sell trade below 3.2, then use 3.2 as stoploss and 2.89 as target. However if you take a buy trade in stock , then use 3.2 as stoploss and 3.5 as target.
Share price targets for Oramed Pharmaceuticals (ORMP)
| Target Type | Value |
| Downside Target | 1.67 |
| Downside Target | 1.77 |
| Downside Target | 2.10 |
| Downside Target | 2.18 |
| Downside Target | 2.29 |
| Downside Target | 2.34 |
| Downside Target | 2.48 |
| Downside Target | 2.58 |
| Downside Target | 2.95 |
| Downside Target | 3.27 |
| Downside Target | 3.29 |
| Downside Target | 3.30 |
Intraday share price targets for Oramed Pharmaceuticals (ORMP)
| Target Type | Value |
| Downside Intraday Target | 3.12 |
| Downside Intraday Target | 2.94 |
| Upside Intraday Target | 3.39 |
| Upside Intraday Target | 3.48 |
| Downside Intraday Target | 3.21 |
Weekly technical analysis of Oramed Pharmaceuticals (ORMP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 3.30 | 3.13 | 3.30 | 3.03 | 0.862 times |
| 16 Fri Feb 2024 | 3.14 | 3.06 | 3.27 | 2.99 | 1.791 times |
| 09 Fri Feb 2024 | 2.85 | 2.72 | 2.95 | 2.58 | 0.372 times |
| 02 Fri Feb 2024 | 2.75 | 2.35 | 3.29 | 2.34 | 3.554 times |
| 26 Fri Jan 2024 | 2.32 | 2.24 | 2.37 | 2.18 | 0.761 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 Oramed Pharmaceuticals (ORMP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 3.30 | 2.97 | 3.30 | 2.58 | 0.788 times |
| 31 Wed Jan 2024 | 3.00 | 2.29 | 3.29 | 2.10 | 0.975 times |
| 29 Fri Dec 2023 | 2.31 | 2.18 | 2.48 | 2.10 | 0.804 times |
| 30 Thu Nov 2023 | 2.22 | 1.79 | 2.29 | 1.67 | 1.528 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 Oramed Pharmaceuticals (ORMP)
Price action analysis of Oramed Pharmaceuticals ( (ORMP) ) 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 Oramed Pharmaceuticals ( (ORMP) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Oramed Pharmaceuticals ( (ORMP) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Oramed Pharmaceuticals ( (ORMP) ) based on a mid to longer 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.
ADX buy sell signal for Oramed Pharmaceuticals stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Oramed Pharmaceuticals in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Oramed Pharmaceuticals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Oramed Pharmaceuticals in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying 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 Oramed Pharmaceuticals is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.14 and Oramed Pharmaceuticals (ORMP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Oramed Pharmaceuticals (ORMP) stock. Volume based technical analysis of Oramed Pharmaceuticals (ORMP) stock is negative.
Oramed Pharmaceuticals 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 Oramed Pharmaceuticals ( (ORMP) ) 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 Oramed Pharmaceuticals ( (ORMP) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Oramed Pharmaceuticals ( (ORMP) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Oramed Pharmaceuticals ( (ORMP) ) based on a mid to longer 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.
ADX buy sell signal for Oramed Pharmaceuticals stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Oramed Pharmaceuticals in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Oramed Pharmaceuticals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Oramed Pharmaceuticals in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying 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 Oramed Pharmaceuticals is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.14 and Oramed Pharmaceuticals (ORMP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Oramed Pharmaceuticals (ORMP) stock. Volume based technical analysis of Oramed Pharmaceuticals (ORMP) stock is negative.
Oramed Pharmaceuticals 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.