(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 2024-04-05 View latest technical analysis
10 day averaged volume of Ormat Technologies is 420640
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Apr 2024 | 63.73 | 63.77 | 64.54 | 63.40 | 0.628 times |
| 04 Thu Apr 2024 | 64.13 | 64.36 | 65.31 | 64.08 | 0.802 times |
| 03 Wed Apr 2024 | 64.36 | 63.35 | 64.52 | 63.02 | 0.999 times |
| 02 Tue Apr 2024 | 63.81 | 63.73 | 64.24 | 63.34 | 0.986 times |
| 01 Mon Apr 2024 | 65.09 | 65.96 | 66.29 | 64.28 | 0.825 times |
| 28 Thu Mar 2024 | 66.19 | 66.17 | 67.25 | 66.05 | 1.085 times |
| 27 Wed Mar 2024 | 66.29 | 65.79 | 66.33 | 65.39 | 1.519 times |
| 26 Tue Mar 2024 | 65.23 | 65.40 | 65.83 | 64.22 | 1.21 times |
| 25 Mon Mar 2024 | 65.63 | 66.37 | 67.01 | 65.54 | 0.767 times |
| 22 Fri Mar 2024 | 66.31 | 66.71 | 66.71 | 65.94 | 0.844 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 63.9, but if it comes above 63.9, then a intra day buy could be more profitable.
If you take a sell trade below 63.9, then use 63.9 as stoploss and 62.2 as target. However if you take a buy trade in stock , then use 63.9 as stoploss and 65.27 as target.
Share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Target | 62.72 |
| Upside Target | 66.29 |
| Upside Target | 66.71 |
| Upside Target | 67.00 |
| Upside Target | 67.25 |
| Upside Target | 68.32 |
| Upside Target | 69.08 |
| 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 | 62.4 |
| Downside Intraday Target | 61.08 |
| Upside Intraday Target | 65.67 |
| Upside Intraday Target | 67.62 |
| Upside Intraday Target | 64.35 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 08 Fri Mar 2024 | 68.82 | 65.61 | 69.08 | 64.15 | 0.78 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 |
| 05 Fri Apr 2024 | 63.73 | 65.96 | 66.29 | 63.02 | 0.208 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 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 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 gaining momentum.
MACD generated a SELL signal for Ormat Technologies in short term and the sell signal is strong.
Ormat Technologies Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down
CCI has generated a SELL signal for Ormat Technologies in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Ormat Technologies is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 65.2 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 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 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 gaining momentum.
MACD generated a SELL signal for Ormat Technologies in short term and the sell signal is strong.
Ormat Technologies Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down
CCI has generated a SELL signal for Ormat Technologies in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Ormat Technologies is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 65.2 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.