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(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 2024-09-23 View latest technical analysis

10 day averaged volume of Oramed Pharmaceuticals is 104060

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	2.33	2.35	2.39	2.32	0.845 times
20 Fri Sep 2024	2.31	2.45	2.48	2.28	1.179 times
19 Thu Sep 2024	2.47	2.45	2.52	2.45	0.54 times
18 Wed Sep 2024	2.42	2.49	2.54	2.42	0.987 times
17 Tue Sep 2024	2.51	2.46	2.53	2.46	0.891 times
16 Mon Sep 2024	2.48	2.46	2.51	2.45	0.587 times
13 Fri Sep 2024	2.49	2.37	2.75	2.37	1.859 times
12 Thu Sep 2024	2.36	2.39	2.42	2.30	1.526 times
11 Wed Sep 2024	2.38	2.37	2.48	2.37	0.999 times
10 Tue Sep 2024	2.40	2.38	2.41	2.35	0.722 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 2.3 as stoploss in an intra day buy trade for a target of 2.4. However, stock will show a bearish move below 2.3.

Share price targets for Oramed Pharmaceuticals (ORMP)

Target Type	Value
Downside Target	2.00
Downside Target	2.10
Downside Target	2.15
Downside Target	2.28
Upside Target	2.44
Upside Target	2.54
Upside Target	2.55
Upside Target	2.57
Upside Target	2.67
Upside Target	2.75
Upside Target	2.78

Intraday share price targets for Oramed Pharmaceuticals (ORMP)

Target Type	Value
Downside Intraday Target	2.3
Downside Intraday Target	2.28
Upside Intraday Target	2.37
Upside Intraday Target	2.42
Upside Intraday Target	2.35

Weekly technical analysis of Oramed Pharmaceuticals (ORMP)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	2.33	2.35	2.39	2.32	0.202 times
20 Fri Sep 2024	2.31	2.46	2.54	2.28	0.719 times
13 Fri Sep 2024	2.49	2.32	2.75	2.30	1.491 times
06 Fri Sep 2024	2.35	2.38	2.44	2.30	6.243 times
30 Fri Aug 2024	2.39	2.38	2.40	2.36	0.119 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
23 Mon Sep 2024	2.33	2.38	2.75	2.28	0.566 times
30 Fri Aug 2024	2.39	2.46	2.57	2.10	1.397 times
31 Wed Jul 2024	2.55	2.56	2.67	2.35	0.455 times
28 Fri Jun 2024	2.57	2.17	2.78	2.00	2.118 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Oramed Pharmaceuticals ( (ORMP) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Oramed Pharmaceuticals ( (ORMP) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Oramed Pharmaceuticals stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Oramed Pharmaceuticals in short term and the sell signal is strong.

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 moving up

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 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 2.41 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.