(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 2024-03-06 View latest technical analysis
10 day averaged volume of Oramed Pharmaceuticals is 215950
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 2.87 | 3.18 | 3.20 | 2.75 | 2.271 times |
| 05 Tue Mar 2024 | 3.26 | 3.28 | 3.29 | 3.19 | 0.505 times |
| 04 Mon Mar 2024 | 3.25 | 3.33 | 3.37 | 3.21 | 0.579 times |
| 01 Fri Mar 2024 | 3.42 | 3.29 | 3.45 | 3.29 | 0.505 times |
| 29 Thu Feb 2024 | 3.29 | 3.47 | 3.48 | 3.21 | 0.927 times |
| 28 Wed Feb 2024 | 3.41 | 3.59 | 3.60 | 3.37 | 1.143 times |
| 27 Tue Feb 2024 | 3.58 | 3.53 | 3.67 | 3.50 | 1.049 times |
| 26 Mon Feb 2024 | 3.55 | 3.52 | 3.61 | 3.45 | 1.065 times |
| 23 Fri Feb 2024 | 3.46 | 3.29 | 3.51 | 3.28 | 1.464 times |
| 22 Thu Feb 2024 | 3.30 | 3.21 | 3.30 | 3.13 | 2.234 times |
Stock of Oramed Pharmaceuticals (ORMP) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3, but if it comes above 3, then a intra day buy could be more profitable.
If you take a sell trade below 3, then use 3 as stoploss and 2.7 as target. However if you take a buy trade in stock , then use 3 as stoploss and 3.19 as target.
Share price targets for Oramed Pharmaceuticals (ORMP)
| Target Type | Value |
| Downside Target | 1.67 |
| Downside Target | 2.10 |
| Downside Target | 2.29 |
| Downside Target | 2.48 |
| Downside Target | 2.58 |
| Downside Target | 2.75 |
| Upside Target | 2.95 |
| Upside Target | 3.21 |
| Upside Target | 3.29 |
| Upside Target | 3.37 |
| Upside Target | 3.45 |
| Upside Target | 3.51 |
| Upside Target | 3.67 |
Intraday share price targets for Oramed Pharmaceuticals (ORMP)
| Target Type | Value |
| Downside Intraday Target | 2.62 |
| Downside Intraday Target | 2.38 |
| Upside Intraday Target | 3.24 |
| Upside Intraday Target | 3.62 |
| Upside Intraday Target | 3 |
Weekly technical analysis of Oramed Pharmaceuticals (ORMP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 2.87 | 3.33 | 3.37 | 2.75 | 0.716 times |
| 01 Fri Mar 2024 | 3.42 | 3.52 | 3.67 | 3.21 | 0.77 times |
| 23 Fri Feb 2024 | 3.46 | 3.13 | 3.51 | 3.03 | 1.134 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 |
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 Oramed Pharmaceuticals (ORMP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 2.87 | 3.29 | 3.45 | 2.75 | 0.19 times |
| 29 Thu Feb 2024 | 3.29 | 2.97 | 3.67 | 2.58 | 1.091 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 |
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 Oramed Pharmaceuticals (ORMP)
Price action analysis of Oramed Pharmaceuticals ( (ORMP) ) 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 Oramed Pharmaceuticals ( (ORMP) ) 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 Oramed Pharmaceuticals ( (ORMP) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Oramed Pharmaceuticals in short term but the sell signal is initial and weak.
Oramed Pharmaceuticals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Oramed Pharmaceuticals in short term and SELL signal is strong!
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 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 3.3 and Oramed Pharmaceuticals (ORMP) 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 Oramed Pharmaceuticals (ORMP) stock. Volume based technical analysis of Oramed Pharmaceuticals (ORMP) stock is negative.
Oramed Pharmaceuticals 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 Oramed Pharmaceuticals ( (ORMP) ) 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 Oramed Pharmaceuticals ( (ORMP) ) 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 Oramed Pharmaceuticals ( (ORMP) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Oramed Pharmaceuticals in short term but the sell signal is initial and weak.
Oramed Pharmaceuticals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Oramed Pharmaceuticals in short term and SELL signal is strong!
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 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 3.3 and Oramed Pharmaceuticals (ORMP) 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 Oramed Pharmaceuticals (ORMP) stock. Volume based technical analysis of Oramed Pharmaceuticals (ORMP) stock is negative.
Oramed Pharmaceuticals 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.